Tag Archives: Global Macro

Australian Dollar Rally ends – Bernanke steals the punch bowl

June 8, 2012

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Ben Bernanke stole the punch bowl for commodities and commodity currencies last night which had rallied on the back of the Chinese rate cuts and freeing up of deposit and lending rate controls. But the Fed Chairman with his usual equanimity simply didn’t want to play ball and add more stimulus and markets were no […]

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Sell in May – Markets have a shocker

June 1, 2012

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By Greg McKenna We saw a bit of position squaring yesterday for month end after assets like the Aussie Dollar made a fresh low for the year before rallying. Likewise in US equities the early weakness gave way to a better performance but by the end of play the pressure was unable to be withstood […]

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Australian Dollar Debate – up OR down?

March 30, 2012

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My piece yesterday where I declared myself now a bear on the Aussie Dollar in a medium term sense expecting it to trade under parity at some point as opposed to breaking back higher elicited some interesting direct feedback from readers and mates in the markets via email. The primary discussion was two fold: The […]

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David Stockman is bearish on everything

March 5, 2012

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Further to my piece earlier about potentially too many bears and the history of economies and markets I offer this piece I picked up at business insider over the weekend. David Stockman was a budget hawk back in the Reagan Days, he then moved onto corporate buyouts But spend time with him and you discover […]

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Are there just too many bears for equities to go down?

March 5, 2012

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I’m a student of history, economic history in particular, and it is this reverence for history that has me so deeply concerned for the long term future of the developed economies indeed the global financial system. But at certain times in this GFC it has become unfashionable to remind people of your view that the […]

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Hugh Hendry’s Crystal Ball

February 23, 2012

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Hugh Hendry is Eclectica’s somewhat irreverent, sometimes irate CIO. He is a free thinker in a world of compliance and his results speak to both the depth and quality of his process. My friend and colleague from MacroBusiness, the Prince ( @theprinemb on twitter ), tweeted the recent Barron’s article yesterday and I wanted to […]

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Data Vault – A weekly wrap up of key economic releases in Australia and beyond

January 30, 2012

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January 30th 2012 Welcome to our weekly Data Vault. The Vault is put together by our team here at Lighthouse and we offer it as a resource to readers and clients who want to quickly get a feel for the data over the week without having to read a full blog or economic report. It will be […]

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Data Vault – A weekly wrap up of key economic releases in Australia and beyond

January 23, 2012

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January 23rd 2012 Welcome to our weekly Data Vault. The Vault is put together by our team here at Lighthouse and we offer it as a resource to readers and clients who want to quickly get a feel for the data over the week without having to read a full blog or economic report. It will be […]

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Why the Australian Dollar is doing so well!

January 16, 2012

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Thin slicing is both a reality and a biological necessity. Whether it’s Malcolm Gladwell in “Blink” or Daniel Kahneman’s System 1  in his latest brilliant book, “Thinking Fast and Slow”  the reality is that there is a part of our brain that, in Kahneman’s words  operates automatically and quickly, with little or no effort and no sense of voluntary […]

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Data Vault – A weekly wrap up of key economic releases in Australia and beyond

January 16, 2012

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January 16th 2011 Welcome to our weekly Data Vault. The Vault is put together by our team here at Lighthouse and we offer it as a resource to readers and clients who want to quickly get a feel for the data over the week without having to read a full blog or economic report. It will […]

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