“Why now?”, a couple of my favorite strategists asked, in the wake of a brutal selloff on Wall Street and an extension of what, by
Day: July 19, 2021
Happy Black Monday
Somebody will call it “Black Monday.” And I imagine the producers at CNBC availed themselves of the opportunity to roll out that dramatic-looking “market sell-off”
‘Normal’ Is A ‘Funny Concept,’ One Bank Reminds You
“Sell Treasurys and trust the expansion.” So said Morgan Stanley’s Andrew Sheets on July 18. I should emphasize that the note from which those half-dozen
Party Over?
Risk sentiment was clearly impaired by pandemic concerns to kick off the new week, raising questions about whether the party might be over. Outbreaks in
Define ‘Freedom’
A smattering of headlines lamenting the many ironies of the UK’s “Freedom Day” was a microcosm of the global mood Monday. “England’s ‘freedom day’ marred
