Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS CONSUMER CONFIDENCE CRACKING CONFIDENCE & CRUMBLING COLLATERAL In our latest Macro Analytics video, Charles Hugh Smith and I review the “Waterfall” that is presently underway in the area of: The Repricing of Risk The Revaluing of Collateral, and A Forced Increase in Productivity […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US BANKING CRISIS TOO MANY TO FAIL! Over the recent holiday season I penned this year’s Thesis paper “A Great Stagflation”. I talked about the coming “Beta Drought Decade” that would usher in global stagflation and a series of unfolding events driven […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US BANKING CRISIS AMERICA’S “POTTERSVILLE” NEARLY 80 YEARS LATER! In 1947 the classic Christmas movie “It’s A Wonderful Life” was released. The depiction of the banking turmoils of George Bailey fighting rival small town banker “Old Man Potter” warm the hearts of all […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US BANKING CRISIS BIDEN BONDS TOO HOT FOR BANK COLLATERAL! The net of the current banking crisis is that: 1 – Biden’s Spending => 2 – Inflation => 3 – Exploding Yields => 4 – The Instability of Banks’ Core Stabilizing Asset […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US BANKING CRISIS THE ‘TELLS’ OF SVB & POWELL’S CONGRESSIONAL TESTIMONY When the US’ 16th largest bank fails with $169B in uninsured deposits not covered by FDIC on a total asset base of $200B, markets panic! The collapse of the Silicon Valley Bank […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS INFLATION PRESSURES STUBBORN INFLATION PRESSURES DELAYING FED PIVOT Weakening Inflation is not sticking to the script by coming down relatively quickly. Instead it is universally stubbornly coming in higher than expectations and actually increasing on a M-o-M basis. This isn’t just a US […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS HOUSING & EMPLOYMENT HOUSING’S “10 MONTH CANARY” RULE The US Housing sector is one of the pillars of the US Economy. When the US Housing sector experiences serious disruption it can be expected to result in earning contraction in ~10 months. Housing is […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS MARKET RISK THE DE-STABILIZING FISCAL SHOCK WAVE NOW KICKING IN The spending and public policies implemented under the auspices of a Coivd-19 recovery are only now being felt. Rather than achieving their intended purpose, they are resulting in a de-stabilizing shock to the […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS SLOWING US CONSUMER A CRACKING CONSUMER IN A 70% CONSUMPTION ECONOMY Recent releases of Quarterly Financial Stability Reports by the US Federal Reserve and the International Monetary Fund (IMF) are both preoccupied with the current fragility of the financial system. They warn that […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS CORPORATE BANKRUPTCIES US DEBT IS BOTH UNPRODUCTIVE AND INEXTINGUISHABLE! The popular current media narrative advocates that the Fed will drive the US into a recession as a result of its current policy of raising interest rates in its fight to control inflation. This […]
