https://i1.wp.com/macro-ops.com/wp-content/uploads/2016/06/The-Federal-Reserve-System.jpg?fit=400%2C365365400Aldrin Gonzaleshttp://macro-ops.com/wp-content/uploads/2016/02/Macro-Ops-logo-e1456504515714.pngAldrin Gonzales2016-06-14 01:30:062016-06-14 01:30:06Some Thoughts Before The Fed Meeting
This episode of the Market Sitrep kicks off with a look at the ECB’s corporate bond buying program — an unprecedented central bank intervention that will hurt more than it will help. Next we take a look at Belgian equities which broke out to new highs and explain why the breakout is probably a false move. We finish […]
Everyone’s familiar with the classic 60/40 investment portfolio. If you’ve ever dealt with financial advisors, this is the standard allocation they’ll recommend. 60% of your money in the stock market, and 40% in bonds.
https://i0.wp.com/macro-ops.com/wp-content/uploads/2016/06/Stock-Bond-Portfolio-Won’t-Survive-The-Next-Decade.jpg?fit=439%2C378378439Aldrin Gonzaleshttp://macro-ops.com/wp-content/uploads/2016/02/Macro-Ops-logo-e1456504515714.pngAldrin Gonzales2016-06-09 22:35:102016-06-15 19:02:39The Standard 60/40 Stock & Bond Portfolio Won’t Survive The Next Decade
Range-bound markets over the past year have made it difficult to earn good returns. Most investors haven’t made any money at all. And this reality has forced them to pile into high-yield products to make up the difference. One popular area to reach for yield has been the energy space. The general belief is that […]
https://i2.wp.com/macro-ops.com/wp-content/uploads/2016/06/pressure-water-line.jpg?fit=960%2C640640960Aldrin Gonzaleshttp://macro-ops.com/wp-content/uploads/2016/02/Macro-Ops-logo-e1456504515714.pngAldrin Gonzales2016-06-05 22:14:312016-08-26 13:21:57Don’t Jump Into MLPs With Tepper Just Yet
In this week’s Market Sitrep – Reach For Yield we start off with examining the high-yield energy space. We focus in on David Tepper’s big bets in Williams Partners and Energy Transfer Partners. Next we discuss what bond duration means and its implications going forward. We take a look at an interactive bond calculator that shows changes […]
Narratives are a fundamental part of our human existence. They’re the key to how we process information. Just as the mind instinctively searches for visual patterns in nature, it also seeks to derive patterns and meaning from information flow. We create stories to help us understand. We see this in financial markets all the time, […]
In this week’s Market SitRep – Blockchain we discuss Bitcoin and the revolutionary blockchain technology it utilizes. We then review recent central bank announcements and take a look at some monthly charts to get a big picture view of markets. A PDF of the presentation can be found here.
This week’s Market SitRep – Max Dissonance begins with a discussion of the “risk on, risk off” phenomenon where both defensive and offensive assets are catching a bid. We then take a hard look at long term equity valuations and explain why holding dry powder is more important than ever before. A pdf of the presentation […]
The recent bullish action in the markets makes it fitting that we play devil’s advocate – something we at Macro Ops refer to as “Red Teaming.” We’ve been bearish when it comes to the overall markets for about a year now. And we still believe the bearish hypothesis is the most probable outcome. But the […]
https://i1.wp.com/macro-ops.com/wp-content/uploads/2016/04/raging-bull-e1460565177988.png?fit=281%2C278278281Tylerhttp://macro-ops.com/wp-content/uploads/2016/02/Macro-Ops-logo-e1456504515714.pngTyler2016-04-13 12:33:252016-04-26 12:49:26Could We Experience Another '90s-Style Bull Run?
This episode of the Market SitRep — Reflation Redux starts off with a discussion of China’s addiction to credit expansion and debt. We also touch on the crude oil market and explain why we think the “reflation” trade is nothing more than a short-term hope jag. Finally we cover quant/technical analysis of the S&P 500. A PDF of the slide show can […]