Cayman Transformation ’18

The combination of my 17th wedding anniversary in a place my wife and I adore, the team from Real Vision hosting a conference for contributors and meeting fellow independent market analysts I truly admire made for a transformational weekend for me, and for T.G. Macro....

Netflix

If the Financial Times is asking when NFLX is going to crash I thought I’d offer my two cents. First the FT: “Today, the numbers represent boundless optimism: a dozen times the $12bn  of revenues reported last year, 120 times the profits it is expected to generate in...
BOJ BREAKER

BOJ BREAKER

I want to point out what feels like light desperation out of Japan last night and a potential corollary risk to U.S. stocks. The Nikkei is over there (chart right) sitting on its 200dma support while the Bank of Japan owns all the ETFs listed in Tokyo. USDJPY (chart...