“As usual, since crypto traders deploy leverage, it results in cascading sell orders and liquidations,”
Month: December 2021
Weird, Wild And Crazy
On Friday, someone described the November jobs report as “one of the weirdest I’ve ever
Under The Hood Of The November Jobs Report
Apparently, November’s US jobs report admitted of “too many takeaways” to quickly process. That was
Good News Is Definitely Bad News Now
For once, “scorching” isn’t hyperbole. The US services sector is on fire, according to the
Jobs Report Misses Big, But Unemployment Rate Drops Sharply
The US economy added just 210,000 jobs last month, the government said Friday. The headline
‘I Quit. No, You’re Fired.’
“You’re fired.” “No, I quit.” That, in a nutshell, describes the state of play for
In Turkey, An Autocrat Goes All-In
After years spent living in denial, emerging market watchers finally came around to the reality
Germany’s State Of Exception
Someone, somewhere is aggrieved. Germany on Thursday agreed to institute sweeping restrictions on the unvaccinated
Markets Turn ‘Shockingly Dysfunctional’
If you get the feeling markets are dysfunctional, it’s not just your imagination. Over the
Jobless Claims Stay Low, Congress Averts Government Shutdown
A week after falling to the lowest level since 1969, US jobless claims rose. But
Apples, Hawks And Boosters
Uncertainty lingered on Thursday, as traders assessed a smattering of Omicron headlines, more relatively hawkish
Kolanovic Asks: What If Omicron Ends Up Being Bullish?
JPMorgan’s Marko Kolanovic has a few questions about the Omicron variant and associated turmoil across
Adaptation
Can you blame them? That’s what I’d ask of anyone inclined to criticize retail investors
None Of It Was Transitory After All
It was an “in line” kind of day for US data. Shortly after ADP said
Employers Add Half-Million Jobs As Omicron Looms Over December
US private sector employers added 534,000 jobs in November, ADP said Wednesday. That was slightly
OECD: Vaccinate The World. It’s A Lot Cheaper
The OECD had a simple suggestion for advanced economies on Wednesday: Vaccinate the world. It’s
A Simple Recipe For Volatility
“Omicron + taper = volatility,” read the title of one note on Wednesday. Weary and
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