New Main ALL Logo 2

Welcome to MATASII Macro Analytics & Technical Analysis Strategic Investment Insights

PUBLIC content updated regularly. Some of our subscribers content is released for public consumption, bookmark us as part of your due diligence. 

Original Global Macro & Technical Analysis methods and techniques combined for unique insights, perspectives and world leading analysis.

Subscribe for full content: complete your due diligence and gain access to our Market Research, Strategic Investment Insights, and Investment & Trading Ideas.

RESEARCH – Tipping Points

  • INSTITUTIONAL RISK ANALYST REPORTS THAT EUROPE’S BANKING DYSFUNCTION IS WORSENING
    September 19, 2017
    INSTITUTIONAL RISK ANALYST REPORTS THAT EUROPE'S BANKING DYSFUNCTION IS WORSENING  -- SOURCE: 08-02-17  Authored by Chris Whalen via The Institutional Risk Analyst, “While the US and the UK have been mired in political chaos this year, the EU has enjoyed improved economic conditions and some political windfalls. The question now is whether this good news will inspire
  • DEUTSCHE BANK: GLOBAL ASSETS MOST ELEVATED IN HISTORY- ERA OF FREQUENT CRISES TO BE EXPECTED!
    September 19, 2017
    DEUTSCHE BANK: GLOBAL ASSETS MOST ELEVATED IN HISTORY- ERA OF FREQUENT CRISES TO BE EXPECTED! -- SOURCE: Deutsche Bank's, Jim Reid -- We think that the post Bretton Woods (1971-) global financial system remains vulnerable to financial crises. A simple internet search of financial crises through history (Figure 1, LHS chart) confirms that the frequency has
  • FUND MANAGER SURVEY SHOWS “PROTECTION” A HOT COMMODITY
    September 13, 2017
    FUND MANAGER SURVEY SHOWS "PROTECTION" A HOT COMMODITY According to the latest BofA FMS report, the last month saw the largest jump in market participants "taking out protection" in 14 months. We marked up their chart to reflect what it tells us at
  • CREDIT WORRIES QUICKLY EMERGING IN $7.2T US INVESTMENT GRADE BOND MARKET
    September 10, 2017
    CREDIT WORRIES QUICKLY EMERGING IN $7.2T US INVESTMENT GRADE BOND MARKET Investors don't want to sell their corporate-bond holdings because they know it could be difficult to buy them back in the future. But they are are feeling less secure owning the debt, especially at such high valuations. So they're either: Getting exposure to the securities
  • BANKS HAVE STARTED TO PULL BACK ON CREDIT GROWTH
    September 9, 2017
    BANKS HAVE STARTED TO PULL BACK ON CREDIT GROWTH Banks have started to pull back on credit growth.  Of course, as we all know well, bad things happen to Ponzi schemes when people are no longer able to refinance their old credit with new credit... ADDITIONALLY: Banks are  pulling back on subprime card loan growth. 
  • RISK-OFF FLOWS INCREASING – BONDS & GOLD BID – WATCH THE US$ FOR A “PANIC TO SAFETY”
    September 8, 2017
    RISK-OFF FLOWS INCREASING - BONDS & GOLD BID - WATCH THE US$ FOR A "PANIC TO SAFETY" --SOURCE: 08-18-17 BoAML - Michael Hartnett (Via ZH) - "BofA: "This Is The Key Risk-Off Signal" Ahead Of This Autumn's "Big Fall" -- One month ago, BofA's chief investment strategist Michael Hartnett predicted that the "most dangerous moment
  • ECB LEAKS TRIAL STIMULUS REDUCTION BALLOON THROUGH REUTERS – NEXT MEETING 10-26-17
    September 8, 2017
    ECB LEAKS TRIAL STIMULUS REDUCTION BALLOON THROUGH REUTERS - NEXT MEETING 10-26-17  --SOURCE; 09-08-17 ZeroHedge -  "Draghi's 4 QE Scenarios Unveiled As ECB's Reuters "Trial Balloon" Strikes Again" -- In our concluding comments on the ECB's disjointed message yesterday, in which Draghi feebly tried to talk down the EUR while talking up the European economy and also
  • BILL BLAIN: “I’VE GOT OCTOBER 12TH AS THE DAY THE BIG EQUITY CRASH OCCURS!”
    September 8, 2017
    BILL BLAIN: "I'VE GOT OCTOBER 12TH AS THE DAY THE BIG EQUITY CRASH OCCURS!"  --SOURCE: 08-31-17 Bill Blain - Mint Partners - ""I’ve Got October 12th As The Day The Big Equity Crash Occurs" -- The big risk? The ECB taper... what follows? “It will not always be summer; build barns.” Today’s sermon is about
  • SENTIMENT – CONSUMER COMFORT CLIMBS TO 52.8 – 6TH STRAIGHT ADVANCE – HIGHEST SINCE AUGUST 2001
    September 8, 2017
    SENTIMENT - CONSUMER COMFORT CLIMBS TO 52.8 - 6TH STRAIGHT ADVANCE - HIGHEST SINCE AUGUST 2001 Consumer confidence, including views about the U.S. economy, advanced again last week to a 16-year high, indicating spending will remain solid, according to Bloomberg Consumer Comfort data released Thursday. HIGHLIGHTS OF CONSUMER COMFORT (WEEK ENDED AUG. 20) Weekly consumer
  • SENTIMENT- CONSUMER COMFORT AT 16 YEAR HIGH
    September 7, 2017
    SENTIMENT- CONSUMER COMFORT AT 16 YEAR
  • SENTIMENT: NFIB SMALL BUSINESS OPTIMISM INDEX
    September 7, 2017
    SENTIMENT: NFIB SMALL BUSINESS OPTIMISM
  • U of M CONSUMER SENTIMENT – HEAD & SHOULDERS RIGHT SHOULDER NOW FILLING IN
    September 7, 2017
    U of M CONSUMER SENTIMENT - HEAD & SHOULDERS RIGHT SHOULDER NOW FILLING
  • CONSUMER CONFIDENCE – HEAD & SHOULDERS RIGHT SHOULDER NOW FILLING IN
    September 7, 2017
    CONSUMER CONFIDENCE - HEAD & SHOULDERS RIGHT SHOULDER NOW FILLING
  • DEBT CEILING DEFAULT WORRIES RISE – US SOVEREIGN RISK HIGHEST SINCE LEHMAN!
    September 2, 2017
    DEBT CEILING DEFAULT WORRIES RISE - US SOVEREIGN RISK HIGHEST SINCE LEHMAN!  -- SOURCE: 09-01-17 Deutsche Bank (via ZH) - "Is A US Default Imminent: Liquidation Panic Grips T-Bills Market" -- While the politicians and the mainstream media are playing down any concerns about the US debt ceiling, Treasury Bill market participants are seeing chaos as the yield
  • MARKET IS STARTING TO FREAK OUT ABOUT THE DEBT CEILING
    September 2, 2017
    MARKET IS STARTING TO FREAK OUT ABOUT THE DEBT CEILING -- SOURCE: 08-24-17 Business Insider - "The market is starting to freak out about the debt ceiling" -- Investors are starting to brace for yet another debt-ceiling debacle. The evidence of that is found in Treasury bills, an often-overlooked but highly sensitive market that reflects
  • IDEAS: HARVEY CAUSING “UNPRECEDENTED” DISRUPTIONS TO SUPPLIES OF “ESSENTIAL” CHEMICALS
    September 1, 2017
    IDEAS: HARVEY CAUSING "UNPRECEDENTED" DISRUPTIONS TO SUPPLIES OF "ESSENTIAL" CHEMICALS I just had breakfast  with a friend who is the head of supply for a large hospital chain. He sees Harvey in a different light based on his experience with Katrina  - and Harvey is an order of magnitude worse in his mind!!! Yous simply
  • SCIENTIST CONFIRMS HARVEY CAUSED A “1-in-1000 YEAR FLOOD”
    September 1, 2017
    SCIENTIST CONFIRMS HARVEY CAUSED A "1-in-1000 YEAR FLOOD" Hurricane Harvey Damage Cost to Reach $160 Billion, More Than Sandy & Katrina Harvey (2017, $160 billion estimate) Katrina (2005, $108 billion) Sandy (2012, $75 billion) Ike (2008, $37.5 billion) Wilma (2005, $29.4 billion) Andrew (1992, $26.5 billion) Ivan (2004, $23.3 billion) Irene (2011, $16.6 billion) Charley (2004,
  • SII RETAIL AUTO: AT ~1M, HARVEY MAY HAVE WRECKED MORE VEHICLES THAN ANY NATURAL DISASTER IN US HISTORY!
    September 1, 2017
    SII RETAIL AUTO: AT ~1M, HARVEY MAY HAVE WRECKED MORE VEHICLES THAN ANY NATURAL DISASTER IN US HISTORY! The Harvey region represents about 30% to 40% of Texas sales, which account for up to 9% of U.S. sales, according to Barclays. -- SOURCE: 08-31-17 USA TODAY - "Harvey may have wrecked up to 1M cars
  • HOW MUCH ‘HARVEY’ DAMAGE CAN INSURERS FACE BEFORE THEY CRACK?
    August 30, 2017
    HOW MUCH 'HARVEY' DAMAGE CAN INSURERS FACE BEFORE THEY CRACK?  -- SOURCE; 08-28-17 ZeroHedge -  "How Much Harvey Damage Can Insurers Face Before They Crack?" -- Hurricane Harvey has unleashed unparalleled devastation on southwest Texas, flooding Houston, the fourth largest city in the US, and many towns along the Gulf coast from Galveston, to Port
  • SII: IS HARVEY THE $500B CATALYST THAT CRUSHES IMPERILED INSURERS?
    August 30, 2017
    SII: IS HARVEY THE $500B CATALYST THAT CRUSHES IMPERILED INSURERS?  -- SOURCE: 08-29-17 ZeroHedge - "Insurance Companies Could Face Staggering $500 Billion Loss During A Crisis-Like Downturn" -- Here’s one more example of how central banks’ global coordinated monetary stimulus in the wake of the financial crisis has increased systemic risk in the US: According
  • MUNICIPAL BONDS: BIG SQUEEZE GETTING TIGHTER – BANKRUPTCY NO LONGER RARE!
    August 30, 2017
    MUNICIPAL BONDS: BIG SQUEEZE GETTING TIGHTER - BANKRUPTCY NO LONGER RARE! -- SOURCE:  08-29-17  Carl Dincesen    Municipal Credit Insights SUMMARY Local general obligation bonds can be swept up in bankruptcies necessitated by an inability to pay other contractual obligations. Nationally, spending for health insurance has reached $3.2 trillion, or $10,000 per person. The negative impact
  • ‘HOPE’ FOR “BETTER BUSINESS CONDITIONS” AHEAD PLUNGES TO LOWEST SINCE ELECTION
    August 29, 2017
    'HOPE' FOR "BETTER BUSINESS CONDITIONS" AHEAD PLUNGES TO LOWEST SINCE ELECTION  -- SOURCE: 08-29-17 ZeroHedge - " 'Hope' For "Better Business Conditions" Ahead Plunges To Lowest Since Election" --  Headlines are crowing of a better than expected Conference Board consumer confidence index, but under the surface, things are not nearly as exuberant as the administration would
  • HOUSING SALES VOLUMES FALLING WHILE PRICES CONTINUE TO RISE
    August 24, 2017
    HOUSING SALES VOLUMES FALLING WHILE PRICES CONTINUE TO RISE We have a plunge in new home sales... We have Existing Home Sales falling ... We have household Formations collapsing ... Yet stunningly: “Home prices are still rising above incomes and way too fast in many markets."... “Realtors continue to say prospective buyers are frustrated by how quickly prices
  • HOUSING: SERVICING LOANS HAS EXPLODED DUE TO 20% COST OF REGULATION & COMPLIANCE
    August 24, 2017
    HOUSING: SERVICING LOANS HAS EXPLODED DUE TO 20% COST OF REGULATION & COMLIANCE Regulation has pushed the dollar cost of servicing a loan up four fold since 2008.  From less that $100 per loan in 2008, today the full-loaded cost of servicing is now $250, according to the MBA.  The cost of servicing performing loans is
  • GLOBAL “LATE CYCLE” SIGNAL: MORGAN STANLEY’S GLOBAL CORRELATION INDEX
    August 24, 2017
    GLOBAL "LATE CYCLE" SIGNAL: MORGAN STANLEY'S GLOBAL CORRELATION INDEX HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle. Analysts at the Wall Street behemoths cite signals including the breakdown of long-standing relationships between stocks, bonds and commodities
  • US BUSINESS CYCLE: IN “LATE CYCLE”: OXFORD ECONOMICS’ REAL CORPORATE PROFITS
    August 24, 2017
    US BUSINESS CYCLE: IN "LATE CYCLE":  OXFORD ECONOMICS' REAL CORPORATE PROFITS Oxford Economics Ltd. macro strategist Gaurav Saroliya points to another red flag for U.S. equity bulls. The gross value-added of non-financial companies after inflation -- a measure of the value of goods after adjusting for the costs of production -- is now negative on
  • GLOBAL “LATE CYCLE” SIGNAL: BoAML SEES ZERO ALPHA FOR EARNINGS “BEATS”
    August 24, 2017
    GLOBAL "LATE CYCLE" SIGNAL:  BoAML SEES ZERO ALPHA FOR EARNINGS "BEATS" For Savita Subramanian, Bank of America Merrill Lynch’s head of U.S. equity and quantitative strategy, signals that investors aren’t paying much attention to earnings is another sign that the global rally may soon run out of steam. For the first time since the mid-2000s, companies that
  • HSBC: US & GLOBAL CREDIT CYCLE HAS TURNED
    August 24, 2017
    HSBC: US & GLOBAL CREDIT CYCLE HAS TURNED After concluding credit markets are overheated, HSBC’s global head of fixed-income research, Steven Major, told clients to cut holdings of European corporate bonds earlier this month. Premiums fail to compensate investors for the prospect of capital losses, liquidity risks and an increase in volatility, according to Major. HSBC Holdings Plc
  • WHAT WE KEEP FORGETTING ABOUT MARKET EUPHORIA & GREED
    August 22, 2017
    WHAT WE KEEP FORGETTING ABOUT MARKET EUPHORIA & GREED I am sure you have seen various versions of this chart many times before. What I can tell you about this chart is that it will always get you out too early and in too late!  What is missing is an understanding of how markets actually transition. Let
  • A PULLBACK “CONSOLIDATION” MAY NOW BE IN THE WORKS
    August 19, 2017
    A PULLBACK "CONSOLIDATION" MAY NOW BE IN THE WORKS Gartman: "This May Be One Of The Most Important Days (08-18-17)In The Future Of Equity Markets" Having staked his reputation one week ago that the "bull market has come to an end", the jury is still out on Dennis Gartman's latest forecast, although one thing is becoming
TIPPING POINTS

TIPPING POINTS

From Gordon's process of Abstraction & Synthesis, Global Macro Research is organized in to categories or TIPPING POINTS, which are ranked within Risk Levels. From these Gordon is able to connect the dots and formulate his Thesis, Themes, MATA and other conclusions. Here are a few recent TIPPING POINTS - see what Gordon is reading and considering significant. Check back often as these are updated regularly.