Markets plodded along Tuesday, exhibiting a familiar sense of annoyed apprehension. In simple terms: Anyone who’s managed to stay sane over the past several years
Day: January 12, 2021
The ‘Totally Appropriate’ Tail Risk
It’s not likely that Americans, as a body politic, will come to any kind of “consensus” in the near future vis-à-vis the correct course for
Here’s When Higher Yields Will ‘Become A Problem,’ According To One Bank
When will rising US bond yields become a problem for equities and risk assets more generally? That’s one of the key questions right now, and
Whose Fault Is This, Anyway?
An unchanged landscape provided for nothing in the way of resolution Tuesday, as investors and traders continued to ponder a set of unanswerable questions. Donald
Despite Virus Mutation, ‘Unprecedented Riot’ In D.C., Goldman Says World In ‘Home Stretch’
I’ve used the “light”/”tunnel” analogy. Goldman calls it the “home stretch.” However you choose to conceptualize the situation, the idea (the hope) is that each
