Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS EU BANKING CRISIS II WILL THE EU BE THE FIRST CASUALTY OF A SPRUNG GLOBALIZATION TRAP? No major region in the world is presently being economically hit harder than the Euro Area! The EU is not only one of the hardest-hit by the COVID-19 pandemic, but also the weakest, most […]
Gordon T Long Global Macro Research | Macro-Technical Analysis Gordon T Long Global Macro Research | Macro-Technical Analysis Through extensive research, and his process of Abstraction & Synthesis, Gordon delivers frank perspectives on global macro-economics and insightful conclusions not found in mainstream commentaries. PREPARE FOR CASCADING FINANCIAL TREMORS The US Economy is driven by Consumption which is […]
MATASII’S CORONAVIRUS TURN TRACKER CURRENT AS OF THE END OF DAY 07-12-20 NOTE: We Update these Charts Offline Daily – We Will Post a full Update the moment we see any change from the charts below KEYS TO WATCH: The first daily drop in cases in the US is an alert, The Initial Cross of […]
FIRST WARNING: CREDIT PROTECTION EXPLODES UPWARD We are witnessing a global explosion in Sovereign Credit Default Swap pricing. Costs around the world are up by over 1/3, with China, Indonesia, Japan and Korea in Asia currently the hardest hit by the Coronavirus. Noticeable is also select European countries with the media focused on the cases […]
WORLD DOLLAR LIQUIDITY CRASHES AS DOES MARGINAL UTILITY OF DEBT Lacy Hunt at Hoisington Management has another sterling post in its third quarter review and outlook. Here are some snips from the latest Hoisington Management Quarterly Review by Lacy Hunt. World Dollar Liquidity The Fed’s balance sheet constriction reduced world dollar liquidity, which is defined as the […]
DRAGHI PREPARES MARKETS FOR MONETARY EASING & FURTHER EURO DEBASEMENT Draghi outlined during the ECB’s annual conference in Sintra, Portugal that: The current EU outlook “remains tilted to the downside,” More stimulus will be needed if the outlook doesn’t improve. More interest-rate cuts and more QE are part of the central bank’s arsenal. Risks […]
CREDIT MARKETS CRACKING IN A SYSTEMIC LIKE FASHION Here are Monday’s charts pulled from a report which give further detail of the yield drop shown above in the current “TNX” MATASII chart. VIX vs HY vs IG Credit markets are starting to crack more systemically… Flashing very bright warning lights to stocks… BONDS Bond […]
TRADE WAR MAY TAKE BACKSEAT TO TRUMP ADMIN’S ANTI-TRUST BLITZKRIEG Major announcements Monday of anti-trust probes into Amazon, Facebook and Google (Alphabet). Trump is getting ahead of Democratic Presidential candidate Elizabeth Warren’s platform. What we know: FACEBOOK: The FTC which is already preparing to levy a massive fine against Facebook for data privacy violations has […]
MARKET RE-POSITIONING UNDERWAY: HISTORIC 6 MONTH EQUITY OUTFLOWS Institutions are shifting in a massive way to Bonds and Money Market Funds as Equity Outflows over the last 6 months have been of historic and and unprecedented levels. The S&P has just suffered its third worst month since the US AAA- rating downgrade in August 2011, […]
BONDS OVERBOUGHT ON EXPECTATION OF A FORCED FED INTERVENTION Longer-term Treasuries are overbought. These folks may consider taking some profits on exchange-traded index funds like iShares 20+ Year Treasury (NASDAQ:TLT). This would give us a bounce from our current support levels which we laid out earlier this week: Below is an article by Gary Gordon […]
