The Nasdaq careened towards correction territory Thursday, as Jerome Powell failed to assuage a market that desperately wanted clarity following last week’s bond rout. That
Day: March 4, 2021
‘Feel The Market’ Next Time, Jay
Jerome Powell’s webinar with The Wall Street Journal didn’t go well. Or at least not if you define “well” by reference to the market reaction.
Albert Edwards And Scott Minerd Agree: US Yields Could Go Negative
Do you believe we’ve “crossed the Rubicon” where that means policymakers are increasingly inclined to view the world through the lens of Modern Monetary Theory
High Energy
If you were already bullish on oil and maintained a bullish bias headed into this week’s OPEC+ meeting, consider yourself vindicated. The cartel and allied
Are We Entering A Global Tech Bear Market?
Tech shares globally are teetering. The rise in yields (especially in the US) has undercut secular growth favorites and otherwise forced a rethink around nosebleed
One Year Later, Jobless Claims Stuck Above Pre-Pandemic Record
745,000 Americans filed for unemployment benefits last week, underscoring the ongoing trials and tribulations of everyday people as Joe Biden’s $1.9 trillion stimulus plan works
Bad Liquor
“Many investors who once called themselves fans of Zhang, began to raise questions and engage in verbal abuse and even defamation,” reads a piece published
