The Macro Blog
Our most recent publications:
EVs are not so clean, depending from where the electricity is coming from!!!!
If the electricity to recharge the EV comes entirely from coal, which generates the majority of the power in countries such as China and Poland, you would have to drive 78,700 miles to reach carbon parity with the Corolla, according to the Reuters analysis of data...
Inaction is not prudent in this time : Inflation tolerance range in the new Keynesian model (from Bank of France)
In the field of military operations, my friends in the special forces have always told me that mobility is key, and especially when the situation is perilous. Inaction is often synonymous with injury or worse. Thanks to Jill Cetina (from the FED of Dallas) for having...
Nuclear is part of Decarbonization… #inclusive_decarbonization
Decarbonization needs to be inclusive. We need to run fast in this fight and nuclear is one of the solutions. Have a look at this chart... Germany generates 16% of its electricity via Renewables but 77.5% is coming from Oil+Gaz+Coal. In France due to Nuclear, 50% of...
China to introduce three-child policy … Who will cover the costs?
China will allow each couple to have three children in a major policy overhaul to address the challenges of its aging population. The decision was announced after a Communist Party Politburo meeting chaired by President Xi Jinping on Monday. When you discussed with...
Inflation is not Transitory : CISCO said shortages will disrupt supply chains for rest of year
The supply chain squeeze being felt across many parts of the manufacturing sector is set to hit profit margins at Cisco Systems in the current quarter. The warning wiped nearly 6% from Cisco’s shares in after-market trading, despite stronger than expected financial...
POWELL+ BIDEN are flat out… but the Inflation curve is there!
The title of my today Global Macro Insight was: Pedal to the Metal while Inflation and Transition Curves are arriving fast!!! POWELL and BIDEN are racing on the hedge, just like driving a NASCAR, with 900HP on the rear wheels, on the ice... POWELL is full easing and...
The Sunny Belt will redraw the line of the House!!!!!
In a previous post, I exposed my happiness to assist at what is happening in Miami and Florida. Hedge Funds and Private Equity firms are coming, Tech giants are moving top managements there. I shared my vision in 2015 about the why the what and the how of the US...
US companies plan price rises as inflation pressure builds
Not a surprise for us and our Global Macro Insight Subscribers. Inflation is gaining traction. Executives at Coca-Cola, Chipotle, and appliance maker Whirlpool, as well as household brand behemoths Procter & Gamble and Kimberly-Clark, all told analysts in earnings...
Chinese GDP, the best is the enemy of the good?
As JP Morgan figures, the Chine GPD, published tomorrow morning, will be fantastic for sure... The question is: What will be the market reaction figures are "too" outstanding? JP Morgan's price goes south after the publication. Some rumors in China are leaking a...
IPOs are an Omen???
The title of our daily Global Macro Insight was today: Markets confusing Lower Credit Costs with No Credit Risks + IPOs are an Omen. Your scribe shares with you a chart that reminded him of his early years in the equity markets. The ETF IPO is handy, we didn't have it...