“The younger of the anchors (age 32) thought the $1.8 trillion was not a problem because the soaring debt and the Fed’s balance sheet shrinkage plan have been well telegraphed and will shock no one. Yes, and as we were tempted to reply, parking on a rail crossing and knowing that a freight train is barreling down the tracks is not likely to forestall the carnage.”
Month: February 2018
The Wolf Finally Came.
And so we close the book on February.
Goldman Asks The Big Question: Is This The End Of The Low Vol. Regime?
The narrative in 2017 revolved around two things…
Bill Ackman Gives Up, Unwinds Infamous Short Bet Against Herbalife
All “good” things must come to an unceremonious end.
Short Demand For HY ETFs Hits Record
“The ability to achieve HY short exposure via exchange listed products has allowed a wider range of market participants to put the trade on.”
Trader: This Market Is Sending An Important Message About How Bubbles Are Treated Since 2008
“So yeah, maybe Canadian housing is stupidly overpriced, but so is almost every asset under the sun. “
‘Most Investors Didn’t Anticipate That’: Goldman Weighs In On Powell’s Hawkish Surprise
“…so soon and so straightforwardly.”
Japan And China Just Closed February On A Sour Note
Lots of notables here.
David Stockman To CNBC: ‘That Was Just Janet Yellen In Trousers And A Tie’
“The Donald seems to think that the 37% gain in the stock market between election day and the January 26th high was all about him, and in one sense that’s true. Donald Trump is all about delusional and so are the casino punters.”
Ok, So Jerome Powell Screwed Up A Little Bit On Tuesday
Who knows, maybe Powell meant to do just what he did, but somehow I doubt it.
They’ve Done Studies You Know…
60% of the time…
Powell Says Stocks Play A Role In Economy’s Performance – Here’s What A Crash Would Mean
Why yes, the stock market is “an important place for investors to invest.”Â
What’s Going On With Credit Vol.?
“…the tail risk associated with the bond trade unwind has become more visible.”
Jerome Powell ‘Is Pleased’ To Offer You This Half-Assed Janet Yellen Impression
Let him know if you like it by not selling your stocks.
‘What Is Clear Is That This Isn’t Clear’: The Definitive Ambiguous Guide To Stocks In A Rising Rates World
Let me tell you something about the whole “when do higher yields start to weigh on equity prices?” debate: it’s a dead horse and everyone is going to continue to beat it mercilessly.Â
Here’s What To Look For From Jerome Powell’s Closely-Watched Testimony
All eyes will turn to brand new Fed Chair (and guy who is regretting it already) Jerome Powell on Tuesday as he heads to Capitol Hill to regale lawmakers with some shit they won’t understand.
One Analyst Suggests CTAs Face Existential Crisis After February Quant Quake
“In fact, the opposite happened during February’s correction.”
David Stockman: Amazon Is ‘The Poster Child For The 11th Hour Mania’
“The historic relationship between trends on main street and Wall Street to go absolutely haywire.”
While You’re Waiting, Can I Interest You In Some Stocks?
So in the meantime…
Trump On School Shooting: ‘I’d Run In There Even If I Didn’t Have A Weapon’
“Cadet Bone Spurs.”
Obviously The Best Pick To Head The FAA Is Trump’s Personal Pilot
“Of course, it’s only metaphorical when we talk about those agencies being run into the ground in a giant flaming fireball by the Trump administration.”
Morgan Stanley Goes Rogue, Is Bullish On Bonds Because Frankly, Consensus Is ‘Usually Wrong’
“The wisdom of crowds has yet to grace itself on bond yield forecasters.”
Area Granddad Shows Up On CNBC, Paraphrases Recent Letter He Wrote
As usual, we’re gonna dwell on grandpa’s amorphous market aphorisms for another couple of days.
You must be logged in to post a comment.