Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY POLICY FED TIGHTENING YET FINANCIAL CONDITIONS ARE LOOSENING?? One of the objectives we have in writing this weekly newsletter is to share with you our macro and market insights. We thought it important to address a confusion we are hearing on how […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY POLICY FINANCIAL REPRESSSION III: A Forced Regime Change The US debt problem is taking on a new and worrying complexion as announced layoffs begin showing in spiking unemployment numbers. The October ADP, JOLTS and Non-farm Payrolls (NFP) releases were clear warning signals. […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY POLICY WILL THE FED’S “L” STRATEGY WORK? The Federal Reserve’s “L” Strategy is to crash the economy to absorb excess liquidity and capital ‘sloshing’ around the global financial system and then maintain the required elevated rates until inflation is determined to be […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY POLICY THE THE POWELL PUT THE MOST IMPORTANT NUMBER IN 2022 First of all, POWELL’S PUT is not a market price nor is it a percentage drop in the market. It is the Real Fed Funds Rate dictated by the timing and […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY POLICY POWELL’S POLITICAL PIVOT(S) The US Federal Reserve operates in an independent fashion to a large degree, separated from the turmoils of political pressures. There are however a few exceptions, the most notable being: During the Renomination Cycle of an incumbent Fed […]
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 […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY POLICY WE ARE BELOW THE EVENT HORIZON! NOTE: We are having technical problems with a number of missing graphics below Temporarily see LINK for supporting graphics and/or read this post in a different format (recommended). I first mentioned the concept of […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONETARY POLICY WHAT JUST HAPPENED?? The dust began to settle last week after the prior week’s key events, which included; an FOMC Meeting shift, an important Quadruple Witch & an historic trillion dollar GAMMA adjustment. Fortunately the fallout has left important road signs […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US MONTARY POLICY DID THE FED JUST IMPLEMENT STEALTH YIELD CURVE CONTROL (YCC)? Broad based US Inflation has become clearly evident everywhere and to everyone! The May CPI released Thursday showed the inflation headline number soared 5.0% Y-o-Y against an already expected hot […]
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 […]
