Just about the last thing the Fed needed at a time when untold millions of
Month: September 2021
As The Pendulum Swings
We’re back to worrying about whether the mega-cap leadership can stomach higher bond yields. “Mega-cap
Squeezing The Largest Asset Class On The Planet
Over the past six months, copious amounts of digital ink was spilled on China’s escalating
‘Slowdown’ Need Not Mean ‘Downturn’
Durable goods orders came in well ahead of expectations for August, data out Monday showed.
Sans Angela
Germany “should have a new government before Christmas,” Olaf Scholz said Monday, after his Social
To The Brink. For The Sheer Hell Of It
Americans were subjected to a series of highly unfortunate soundbites on Sunday, as US lawmakers
The Market’s Elusive Gamma Profile
“The Market’s Gamma Profile: Elusive” by Macro Risk Advisors It would be nice if we actually
Dysfunction Junction
Last week’s bond selloff puts the spotlight on rates in the week ahead. Although some
Congrats. You’re All Rich
I’m always hesitant to document increases in US household net worth. In simple terms, the
Meanwhile, In Turkey
Recep Tayyip Erdogan is irritated. At grocery stores. “Markets are turning upside down with products
The Hamster Wheel
It was as predictable as it was laughable. Stocks ended the week mostly unchanged, making
Dave Portnoy Not ‘Nuts.’ About Stocks, Anyway
US equity funds witnessed their largest exodus since “Volpocalypse” over the latest weekly reporting period,
Half-Million-Dollar Homes For Sale!
New home sales were more robust than expected in August, data out Friday showed. Sales
China Outlaws Cryptocurrency (There’s Always El Salvador)
I won’t turn this into an “I told you so” moment, because in addition to
Madness: Stocks Suffer First Outflow Of 2021
It finally happened. After an uninterrupted streak of weekly inflows that saw more than $776
