It’s not safe out there, folks. There was quite a bit of chatter last week
Month: January 2021
Here Come The Citadel Conspiracy Theories
As a new week dawned, investors and traders from around the globe were greeted with
‘At Least It’s An Ethos’: Wall Street Ponders WallStreetBets Nihilists
There are plenty of lingering questions on Wall Street and not a lot of answers
Resurrecting A Failed State
The week ahead features the first monthly payrolls report since Joe Biden assumed the presidency.
GameStop And The Rationality Of The Irrational
Editor’s note: The following piece is from Identity Element, reposted with permission. You can read
Dalio On Reddit Stock Rebellion: Anger And Hate Are Pervasive
One of the most disturbing aspects of what, on some measures anyway, was the most
After WallStreetBets Mania, What’s Next?
What now? That’s one question shell-shocked investors and traders are likely asking themselves, after a
Revenge Of The Excluded: The Biggest Short Squeeze In History
“It was a placid week in the US stock market – provided one was a
Marko Kolanovic Describes ‘Full-Blown Energy Crisis’ Tail Risk
Amid what it’s fair to describe as one of the most bizarre weeks in recent
Populism Comes For The Stock Market
One of the most ridiculous weeks in recent memory ended with a flourish, as US
Markets Are Musk’s ‘Toy’ As Mania Hits ‘Whippet In A Turtleneck’ Phase
“If Bitcoin continues to fall, it would be just one more warning shot that P/Es
Don’t Worry Retail Investors, The SEC Will (Maybe) Protect You
If you’re a retail investor or otherwise count yourself among the multitudes of market participants
Reflation Narrative Gets Marginal Boost From Incremental Data
It might be “old news” in some respects, but personal income and spending data for
Meanwhile, In China: A Cash Crunch
China engineered a pretty epic cash squeeze this week. Liquidity withdrawals over the past several
Robbing Peter To Pay Paulie
After drawing down more than $500 million from a credit line with a half-dozen banks,
‘Anger’: WallStreetBets, GameStop, Robinhood Drama Becomes National Scandal
Any hope that America would regain its senses and become collectively sane again following one
Nomura’s McElligott On Neon Swans From WallStreetBets
“The Empire Strikes Back,” Nomura’s Charlie McElligott chuckled on Thursday, as platforms began to implement
Albert Edwards: ‘If The Retail Mob Is Angry Now, Wait Until They Lose Their Shirts’
While there’s a calm, rational case to be made for ignoring the raging “bubble” cacophony
US Economy Decelerated In 2020’s Final Quarter As Spending Stumbled
The US economy expanded at a 4% annual rate in the fourth quarter, the government
847,000 Americans Fell Victim To ‘Meritocracy’ Last Week
Good news! “Only” 847,000 Americans filed for unemployment benefits last week. This is yet another
On Reddit, ‘The Show Must Go On’
The dollar touched a five-week high before trimming gains and there was a discernible sense
Facebook’s ‘Uncertainty’ And Apple’s $100 Billion Quarter
Normally, Apple, Facebook, and Tesla would dominate the news cycle on a day when all
Fed Points To Waning Momentum In Virus-Blighted US Economy
The Fed on Wednesday did as expected — they kept policy on hold and cautioned
‘Insane, Dangerous’ Reddit Stock Phenomenon Raises Uncomfortable Questions
“Liquidity, not low bond yields, is fueling this market, and market behavior is so speculative
‘Troubling Inflation Seems Far Away, Unlikely,’ Powell Says
“We understand inflation dynamics evolve constantly over time but they don’t change rapidly,” Jerome Powell
Marko Kolanovic: ‘Outlook Is Positive, Buy The Dips’
“[The] outlook remains positive – buy the dip,” reads the first line of the latest
Resilient Durables Does Not A Durable Recovery Make
You can put your own spin on December’s durable goods numbers. The headline print, a
