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Day: April 6, 2021

The Summer Bonanza Scenario, Bassman On Archegos & Other Potpourri

The Summer Bonanza Scenario, Bassman On Archegos & Other Potpourri

April 6, 2021April 8, 20217 min read

Some folks were vaccinated. Four million of them in a single day, actually. This is “old” news, I suppose, but the fact that the US

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MRA’s Curnutt Suggests Cure For Fund Manager ‘ROMO’

MRA’s Curnutt Suggests Cure For Fund Manager ‘ROMO’

April 6, 2021April 7, 20214 min read

Whenever it feels like a melt-up might be afoot, market participants (and the media) go looking for explanations and “culprits,” often landing on a familiar

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‘Life Ain’t Fair’ Is Passé In Post-Pandemic World, IMF Suggests

‘Life Ain’t Fair’ Is Passé In Post-Pandemic World, IMF Suggests

April 6, 2021April 7, 20216 min read

As expected, the IMF upgraded its forecast for global growth Tuesday, while simultaneously adopting a cautious cadence in describing the outlook. “One year into the

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Credit Growth In China May Decelerate To 15-Year Low

Credit Growth In China May Decelerate To 15-Year Low

April 6, 2021April 7, 20213 min read

As it turns out, the PBoC didn’t just instruct banks to rein in lending for a quarter, as FT suggested last week. Rather, Beijing told

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A ‘Formidable Institution’

A ‘Formidable Institution’

April 6, 2021April 12, 20214 min read

Credit Suisse grabbed headlines again Tuesday, as the bank is poised to take a $4.7 billion hit on the Archegos debacle. That was higher than

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