Month: December 2018
Matches, Kindling And Ships In Shallow Seas
“A lack of liquidity is akin to a ship trying to navigate seas without much water â€“ accidents are likely in such an environment.”
Somebody Get Paul Krugman A Laptop: The ‘Sadomonetarists’ Are Making A Comeback In Sweden
Spoiler alert: it was a “dovish” hike.
Jerome Powell Is The Wilt Chamberlain Of Fed Decision-Day S&P Losses
Making history, one meeting at a time.
‘Plain English’ People, Do You Speak It?!
Pulp Fiction, anyone?
Fed Hikes, Defying Markets, Trump As Dot Plot Shifts, 2019 Growth Projected Lower
Jerome Powell did not “feel the market.”
Trader: I Donâ€™t Know If The Fed Will Skip This Hike Or Not, But…
“Itâ€™s been a long time since the outcome of a Fed meeting hasnâ€™t been a foregone conclusion.”
What The U.S. Troop Withdrawal From Syria Really Means
Reading between the lines isn’t difficult here.
A Quick Take On FedEx And Micron In The Macro Context
It’s not great.
Good News: Brussels Has Decided Not To Sanction The Italians
“Intensive negotiations over the last few weeks have resulted in a solution.”
Threading The Needle Between A Rock And A Hard Place
Nobody wants to be Jerome Powell right now.
With Fund Managers Most Bearish On Global Economy Since Lehman – Some Quick Thoughts
None of these observations are exactly Fields Medal-worthy, but…
Mnuchin Joins Effort To Deflect Blame For Market Selloff – Says HFTs, Volcker, Block Trades Are The Problem
Anything but the trade war and Trump’s generalized insanity.
Trump Foundation To Dissolve Because It Was An Illegal Fraud (Allegedly)
“I won’t settle this case!”
FAANG Dethroned As ‘Most Crowded Trade’, While ‘Trade War’ Remains Top Tail Risk: BofAML
What $694 billion in AUM has to say…
Goldman: Here’s How Falling Liquidity Drives Up Volatility, By The Numbers
“We believe that changing market liquidity has a role in explaining the
dislocation of volatility”…
Mike Wilson, Chicago Bears ‘Fanatic’, Basks In Glory Of Selloff Call In Highly Amusing New Note
“…and no, our view is not influenced by our Chicago Bears fanaticism.”
Trader Reminds You: There AreÂ No Atheists In Foxholes
“It didnâ€™t take much courage to stress the long-term-soundness of money whenÂ financial conditions were easing.”
Monday, Bloody Monday.
Jeff Gundlach Gets Loose, Tells CNBC We’re In A Bear Market, Says Your SPY Is Crap
“I’m pretty sure this is a bear market.”
Peter Navarro Showed Up On CNBC Monday And It Was A Disaster
Please – for the sake of the children – stop letting Peter on television.
As Michael Flynn’s Business Partner Indicted On Conspiracy Charges, Trump Takes Up Gulen Extradition Push
“President Trump told President Erdogan that they have been working on that.”
‘Linked By A Common Thread’: Why One Analyst Isn’t Buying The EM Bull Story For 2019
“The plunge in EM asset values and localized crises (Turkey, Argentina) are not unconnected.”
Trump Says ‘World Is Blowing Up Around Us’ Tells Fed To ‘Take The Victory!’
What in God’s name is this fresh craziness?
Here’s The Latest On The Fallen Angel Story…
It’s “barely started”.
Fed Up: Full Week Ahead Preview
No rest for the weary.