Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US FISCAL POLICY YELLEN INITIATES HER PLAN! A very, very, very, very slightly softer than expected Core CPI print (combined with broadly less-hawkish FedSpeak) sparked the biggest rally in stocks since April 2020, the biggest collapse in Treasury yields since March 2020 and the […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US FISCAL POLICY YELLEN’S FORCED DERIVATIVE & CONTINGENT LIABILITY CARD US Treasury Secretary Janet Yellen’s primary role is the financing of the US Government. To do this she requires the US Money Centered banks as well as the G-SIBs (Globally Systemically Important Banks). Unfortunately, […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US FISCAL POLICY YELLEN BEGINS SHOWING HER HAND!! n our last newsletter we suggested you watch US Treasury Secretary Janet Yellen closely. We said: “Yellen’s new “unofficial” role is to fully contain the expected global “breakage” thereby buying the desperately needed time the Federal Reserve […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US FISCAL POLICY WATCH YELLEN NOT POWELL! Everyone’s eyes are on Federal Reserve Chairman Jerome Powell. Our eyes are on Treasury Secretary Janel Yellen! Why? As Powell has pushed rates up at an unprecedented rate, something can be fully expected to break. Historically, the […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US DOLLAR STRENGTH TIME TO TALK THE US DOLLAR! The US Dollar’s rise is benefiting both from concerns that the latest wave of Covid-19 and China’s problems will dent global growth, and additionally from the perception that the Federal Reserve will need to […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY & FISCAL POLICY A FINANCIAL SHOCKWAVE OF POLITICALLY DRIVEN POLICY BLUNDERS THERE WILL BE UNINTENDED CONSEQUENCES! We have been witnessing the wholesale and rapid withdrawal of central bank stimulus globally: Last week the ECB was the second giant to Taper bond […]
RECAP: PLANNED US TAX INCREASES Here is a recap of the planned tax increases being debated in congress and expected to be part of the Biden Regime’s $3T Tax Increases.
EXPECTED US DEBT CEILING & “CR” ROADMAP Here is our assessment of what to expect during the upcoming Congressional Debt Ceiling debate tied to the $3.5T Continuing Resolution (CR). Our conclusion is to expect Sub-Option-Plan A
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US FISCAL POLICY THE COMING DEBT CEILING DEBACLE?? The Debt Ceiling debate was deferred for two years in 2019 with a bipartisan deal that expires July 31. The debt in 2019 was $984B. The Biden Budget for 2021 is expected to be $3 […]
Gordon T Long Global Macro Research | Macro-Technical Analysis FEATURE ARTICLES MACRO – MONETARY & FISCAL POLICY TWO FLAWED HOPES: LIQUIDITY & STIMULUS For decades the “go to” strategy anytime financial turmoil, crisis or shocks impact the economy the solution has been two fold: i) Central Banks to immediately inject large amounts of Liquidity […]
