Michael Ashton

E-PIPHANY

Contributor since: 26 Feb 2010

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• Summary of My Post-Employment Tweets

  Published 03 May 2013 | viewed 0 times

  upward surprise + upward revision in #Payrolls - not too shocking, as I pointed out in last article. Weak hours though... Here is part of…

• A Broken Record But It's A Good Song

  Published 01 May 2013 | viewed 0 times

  There has been a bunch of new data over the last couple of days, but I am afraid that all of the new stuff will…

• Why the Fed Doesn't Fear Inflation, But You Do

  Published 29 April 2013 | viewed 0 times

  The core PCE deflator for March recorded a near-record 1.1%. Should we worry that deflation is taking hold? Well, first of all you should recognize…

• Not So Fast on the Deflation Talk

  Published 25 April 2013 | viewed 0 times

  I wonder how quickly all of the calls of "deflation!" will turn into calls of "hyperinflation!" After gold was pummeled $200 in two days on…

• Rage Against the Machines

  Published 23 April 2013 | viewed 0 times

  The explosion today wasn't at the White House. That was a false report, put out when the Twitter account of the Associated Press was hacked.…

• Telling Stories About TIPS

  Published 19 April 2013 | viewed 0 times

  It always bugs me a bit when a market event that happens for one cause is attributed to another cause merely to advance an easy…

• Preparedness

  Published 17 April 2013 | viewed 0 times

  The sine qua non for a disaster is that no one is worrying about the disaster. Earthquakes are less damaging in Tokyo than the same…

• Summary of My Post-CPI Tweets

  Published 16 April 2013 | viewed 0 times

  Summary of My Post-CPI Tweets - by Michael Ashton - April 16, 2013 Below is a summary of my post-CPI tweets. You can follow me…

• This 'Cycle' Certainly Hasn't Been Super

  Published 14 April 2013 | viewed 0 times

  Five years into the biggest money-printing exercise of all time, and commodities are (incredibly) approaching the status of being universally loathed. On Friday, gold provided…

• Necessary Finger Crossing

  Published 11 April 2013 | viewed 0 times

  Housekeeping note: in case you missed it, here is a link to Tuesday's article, which was not picked up through all of the "usual" syndication…

• A Bright Golden Haze

  Published 09 April 2013 | viewed 0 times

  There's a bright golden haze on the meadow, There's a bright golden haze on the meadow. The Dow is as high as an elephant's eye,…

• Droopy

  Published 08 April 2013 | viewed 0 times

  For a change, fixed-income is where all of the excitement is. For more than a month (since March 5th, the S&P has closed no lower…

• Why Inflation Futures Matter

  Published 04 April 2013 | viewed 0 times

  The Chicago Mercantile Exchange (CME) is currently having discussions with market participants and is considering launching in 2013 two new futures contracts related to inflation:…

• Whose Move Is It?

  Published 01 April 2013 | viewed 0 times

  Markets have been surprisingly quiet over the last few days. Some of that, no doubt, is due to the NCAA basketball tournament, to the Good…

• Bailing In

  Published 25 March 2013 | viewed 0 times

  Cyprus, for now, has seen disaster averted. In a flurry of weekend maneuvers, Cypriot and troika officials decided on a plan to merge the top…

• The Economy in the Plastic Bubble

  Published 21 March 2013 | viewed 0 times

  We're going to leave behind the topic of Cyprus for a day. It does seem as if events are coming to a head, but with…

• They Really Do Care

  Published 21 March 2013 | viewed 0 times

  It really is a marvel of a market these days. It doesn't strike me as completely odd that stocks have recovered almost all of the…

• Stealing Really Is That Bad

  Published 18 March 2013 | viewed 0 times

  Cyprus banks are closed until Thursday. At this point, the Cypriot legislature has not voted on any particular scheme of theft, although some Eurozone officials…

• Willie Suttonomics

  Published 17 March 2013 | viewed 0 times

  I am sure that the Eurozone finance ministers have never heard of Willie Sutton. But they are engaging now in Willie Suttonomics. Willie Sutton was…

• Summary of My Post-CPI Tweets

  Published 15 March 2013 | viewed 0 times

  Here's a summary of my post-CPI tweets: #CPI +0.7%/+0.2% ex food & energy. Y/Y core back up over 2% at 2.004%. And going higher. Gasoline…