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 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 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: REGIONAL EU AN EU SOVEREIGN BANKING CRISIS II The Fed rate hikes are toxic for both the Euro and the Yen. The people of both Europe and Japan face losing a great deal of their wealth if the Euro and Yen continue to fall. […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO: REGIONAL JAPAN A TENUOUS JAPANESE CARRY TRADE? My view of Japan over the last couple of decades has changed. During the era of what even Japan refers to as the “Lost Decades”, I have come to view Japan as a Bank! It operates like […]
Gordon T Long Global Macro Research | Macro-Technical Analysis MACRO US PUBLIC POLICY BIDEN’S “INCREDIBLE TRANSITION”! I personally don’t recall anytime during the last US Presidential election voting for any “Incredible Transition”! Amongst other forums, I listened to all the Presidential debates and there never was a mention of any such plan or policy […]
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 […]
