Hold My Nukes
TikTok CEO Says Xi Jinping Not Hiding In App
Xi, Putin Revel In Pageantry As Show Of Defiance
Layoffs Won’t Solve This Inflation Problem
At this point, it’s tempting to ignore the never-ending reports of job cuts across the
America’s Housing Bubble Flies South For The Spring
A government gauge of national home prices in the US unexpectedly rose at the beginning
Unbothered By Bank Runs?
If you were wondering whether the second-largest bank failure in American history and fears of
18% Of Global Employment Could Be Replaced By Generative AI: Goldman
Generative AI is all the rage in 2023. Maybe it’s a fad, maybe it isn’t,
Recession ‘Here In A Few Months’
Jeff Gundlach says a recession may be right around the corner. That isn’t news. If
Let’s Argue About Student Debt Some More
Over the years, I’ve learned to pick my spots when it comes to broaching the
Kolanovic, JPMorgan Stress ‘Ongoing Market Risks’
“For lack of better words, our outlook is negative,” JPMorgan’s Marko Kolanovic told a conference
Great American Deposit Debate Spotlights Legislative Gridlock
“Biden, Powell and Yellen have said virtually everything they can say about the FDIC’s backing
No. All Deposits Under $250,000 Aren’t ‘Covered’
I assumed this was obvious, but it’s clear from some reader feedback that it needs
Bonds Doubt Their God. ‘Stocks Are Next,’ Wilson Warns
It’s no secret that Morgan Stanley’s Mike Wilson suspects consensus is too optimistic on the
Interview That Collapsed Credit Suisse Costs Saudi Financier His Job
Late last week, in “We’re Scaring Ourselves Into Bank Runs Now,” I suggested Credit Suisse
Hold My Nukes
Russia’s much discussed “offensive” in Ukraine either didn’t materialize or, at best, didn’t accomplish much.
Failing Banks, Persistent Inflation Promise Fun-Filled Week
Markets will get an updated look at the Fed’s preferred inflation gauge this week. Spoiler
Is Corporate Spending About To Plunge?
Analysts, strategists and financial media outlets have dedicated quite a bit of time recently to
Buying The 2023 Fed Pivot May Be A Bad Idea
Jeff Gundlach thinks it’s likely the Fed will be compelled to abandon their “higher for
America’s Small Banks Bleed $120 Billion In Deposits
America’s small banks bled deposits in the week ended March 15. I realize that risks
Global ‘Dash For Dollars’ Turns Acute
Global dollar demand is evident. Last Sunday, I suggested the Fed’s dollar swap announcement+, made
Kocic On Minsky Moments, 2008 And ‘Unprecedented Outliers’
Jerome Powell and the Fed are staring warily at a prospective “damned if they do,
In Bank Drama: Forced Behavior, Solvency Crises And ‘Zombie Mode’
Another week of manic moves across rates and financials said more about sentiment, psychology and
We’re Scaring Ourselves Into Bank Runs Now
On Friday morning, while documenting what was shaping up to be a rough session for
Deutsche Bank In Spotlight As CDS Blows Out, Shares Dive
Never a dull moment. Banking crisis headlines enveloped Deutsche Bank on Friday, when sharp moves
Services PMI Nods Strongly To US Wage-Price Spiral
The good news is, the US economy is still humming along. That’s also the bad
Cash Reigns
The rush into cash continues unabated. Money market fund assets ballooned by an additional $117.4
Fed’s Foreign Repo Facility Sees $60 Billion Draw
Usage of the Fed’s newly-created liquidity facility for besieged US lenders more than quadrupled over
TikTok CEO Says Xi Jinping Not Hiding In App
TikTok CEO Shou Chew spent his Thursday being interrogated by US lawmakers on Capitol Hill.
Households Could Sell Up To $1.1 Trillion In Stocks: Goldman
Equities aren’t the only game in town anymore when it comes to asset allocation. Maybe
How FOMC Coverage Should Be Done
Following the March FOMC decision and Jerome Powell’s press conference, I was struck (again) by
