Skip to main content

Recap: Sunday $Macro chat on StockTwits

Last night on StockTwits, the Sunday $Macro gang convened for a global macro chat in 140 characters.

I hosted the chat, and with the help of some Sunday macro regulars and some new faces, the discussion was rolling in no time (see screenshot below).



Here's a partial recap of some important themes and debate points from our macro discussion:
  • Early on the discussion centered around Japan and the currency interventions designed by the G7 nations and BOJ to make the Yen cheaper. As I was not following the currencies closely, it was good to have the other stream members fill me in and offer their views on the likely impact of the recent Yen strength on Japan's economy.
  • The Yen discussion carried over into a thread on Japan's rebuilding efforts, and how a "repatriation of assets" held abroad might bring renewed Yen strength. Some debated the effect (if any) Japan's investors would have on global stock and commodity markets.
  • Some debate followed on various beneficiaries in Japan's rebuilding phase. LNG, shippers, copper, and timber were some materials and sectors thought to offer upside in coming weeks and months. Demand for cotton was also discussed briefly on the stream.
  • We discussed the media's coverage of the nuclear crisis in Japan. I highlighted James Altucher's recent post on the subject and asked the stream participants if the threats from this disaster were being over-amplified by the media. Some discussion on risks of nuclear power and plant siting ensued. Some stream members also highlighted the risks to food and the latest movements in grain prices.
  • Our chat was moving along so well that some of the stream participants moved to keep chatting beyond the conventional 1 hour time slot, so we continued the discussion ("$macro overtime") for another 30 minutes. I cannot recall the last time this happened. It was great to see the discussion take off and branch off into many smaller side discussions on a variety of topics, including geopolitical events, war, and energy issues.
Lastly, I'd like to thank all the regular and newer $Macro 140 participants for their insights and questions on the stream. It's been great reviving the spirit of the old Sunday global macro chats (hosted by Gregor Macdonald) with you, and I'd especially like to thank Jim Gobetz for his help in bringing these discussions to life during the past few $Macro 140 sessions.

I'm hearing that StockTwits TV will be producing a new $Macro show with (I believe) Jack Barnes and Robert Sinn. I will be sure to tweet the details of this new program when I have them. See you on the stream!

Popular posts from this blog

New! Finance Trends now at FinanceTrendsLetter.com

Update for our readers: Finance Trends has a new URL!  Please bookmark our new web address at Financetrendsletter.com Readers sticking with RSS updates should point your feed readers to our new Finance Trends feedburner .   Thank you to all of our loyal readers who have been with us since the early days. Exciting stuff to come in the weeks ahead! As a quick reminder, you can subscribe to our free email list to receive the Finance Trends Newsletter . You'll receive email updates about once every 4-8 weeks (about 2-3 times per quarter).  Stay up to date with our real-time insights and updates on Twitter .

Moneyball: How the Red Sox Win Championships

Welcome, readers . T o get the first look at brand new posts (like the following piece) and to receive our exclusive email list updates, please subscribe to the Finance Trends Newsletter .   The Boston Red Sox won their fourth World Series title of t he 21st century this we ek. Having won their first Se ries in 86 years back in 200 4, the last decade-plus has marked a very strong return to form for one of baseball's oldest big league clubs. So how did they do it? Quick background: in late 2002, team own er and hedge fund manager, John W. Henry (with his partners ) bought the Boston Red Sox and its historic Fenway Park for a reported sum of $ 695 million. Henry and Co. quickly set out to find their ideal General Manager (GM) to help turn around their newly acquired, ailing ship. This brings us to one of my fav orite scenes from the 2011 film , Moneyball , in which John W. Henry (played by Ar liss Howard) attempts to woo Oakland A's GM Billy Beane (Brad Pi

William O'Neil Interview: How to Buy Winning Stocks

Investor's B usiness Daily founder and veteran stock trader, William O'Neil share d his trading methods and insights on buying winning stocks in an in-depth IBD radio interview. Here are some highlights from William O'Neil's interview with IBD: William O'Neil's interest in the stock market began when he started working as a young adult.  "I say many times that I didn't get that much out of college. I didn't have much interest in the stock market until I graduated from college. When I got married, I had to look out into the future and get more serious. The investment world had some appeal and that's when I started studying it. I became a stock broker after I got out of the Air Force."    He moved to Los Angeles and started work in a stock broker's office with twenty other guys. When their phone leads from ads didn't pan out, O'Neil would take the leads and drive down to visit the prospective customers in person.