Perhaps market participants are too comfortable in the assumption that Joe Biden will prevail next month in convincing enough fashion to make disputing the election
Day: October 21, 2020
Back To The Twilight Zone: Companies Get Paid To Borrow During Pandemic
Nothing gets the crowd going quite like negative rates. “Perversion” is a term that invariably gets bandied about whenever this or that person endeavors to
Tail Risks Of The Reconstruction: Nomura’s McElligott, BMO, Goldman Talk Rates, Stimulus, Election Nexus
If everyone else zigs, you may want to zag — at least for a hedge. With long-end yields stateside having pressed to multi-month highs on
Sell Your 92-Year-Old Tree-Trimming Business Before It’s Too Late!, Investment Bankers Shriek
Sell it now before it’s too late! Apparently, that’s the pitch bankers are making to scare folks into offloading stakes in private companies ahead of
Faux Deadlines
The stimulus “deadline” in the US on Tuesday turned out not to be a “deadline,” but it did seemingly succeed in prodding Steve Mnuchin further