Monday was yet another session that found stocks rising alongside volatility, although the S&P ended
Month: August 2020
Cash Is Trash Again
“[You’re] going to feel pretty stupid if you’re holding cash”, Ray Dalio famously said, in
Marko Kolanovic: Investors Should Position For Rising Odds Of Trump Victory
JPMorgan’s Marko Kolanovic predicted Donald Trump’s election victory in 2016. In a note dated Monday,
Clarida: Our Employment Models ‘Have Been Wrong’
On Monday, Richard Clarida delivered a fairly lengthy series of prepared remarks for a webcast
China Looks Poised To Inflate A Tech Bubble Of Its Own
The Chinese economic recovery continued apace in August — or at least that’s the official
Warren Buffett Goes Sogo Shosha
Japanese stocks outperformed to start the new week as news of Berkshire’s $6 billion stake
Redundancies
In “Gods“, I described an inegalitarian market that not only reflects, but also feeds, an
The Uprising Decomplexified & The Madness Of William Barr
[Read more from NOTES FROM DISGRACELAND and follow on Twitter] 30. VIII 2020 Do not
The Iceman: Xi Intervenes In TikTok Deal At Last Minute
What’s good for the goose is good for the gander, apparently. ByteDance may need Xi
Coffee Grounds
I’ve no need to venture off the proverbial “grounds” for coffee. Over the years, I’ve
Steeped In It
Another day, another record high for US equities. The S&P rose a seventh straight day
Tragicomedy And The GOAT Rally
“Consumer sentiment has remained trendless in the same depressed range it has traveled during the
As Correlations Collapse, Thank ‘Tech Bubble’ For Low Index Volatility
I’ve committed gallons of digital ink to the noble cause of documenting the scope of,
S&P 500 Now Third-Most Expensive In 120 Years, As Tech Decouples
Well, we did it. We created an equity bubble during a global depression brought on
Pulse Check
Markets have been subjected lately to a deafening cacophony of viewpoints around whether and to
Markets Ponder Life Without Abe As Resignation Raises Policy Questions
“I am not confident of responding to the trust of the people while I am
Max Dovish
“Stocks rise, yield curve steepens” was the five-word summary for Thursday’s action in US equities
‘Historic Fed Shift’ Was A Good Headline While It Lasted
“We’re going to try to make up for past misses, but it’s going to be
One Year Later, Fed Formally Adopts Alexandria Ocasio-Cortez Approach To Employment
“I’ve been seeing lately that economists are increasingly worried that the idea of [the] Phillips
Jerome Powell’s Big Reveal: ‘Flexible Average Inflation Targeting’ Is Here
As expected, Jerome Powell used his address to this year’s virtual Jackson Hole symposium to
Jobless Claims Top 1 Million Again As Main Street Suffers, Congress Dithers
With some lawmakers in Washington seemingly unconvinced that the economic situation facing Main Street is
Kevin Mayer Finds Mortal Geopolitical Combat Much Harder Than Running Streaming For Mickey Mouse
That didn’t last long. Less than four months into the job, TikTok CEO Kevin Mayer
‘Accidents And Military Conflicts’
Pre-election “tough on China” jostling has predictably spilled over into the military realm. “Some US
Know Your Worth
Stop me if you’ve heard this one before: US equities hit fresh all-time highs with
