When the headlines start to get repetitive, it usually means everyone’s on the same side of the boat. And unbalanced boats are prone to capsizing.
Day: January 19, 2022
$1.2 Trillion Suffers From Cognitive Dissonance
Nobody is worried about COVID anymore. Well, I shouldn’t say “nobody.” People dying from it in the ICU are worried. Anyone who’s lost a friend
Stocks Saw Billions In Systematic Selling During Tuesday Rout
Systematic flows may have weighed on equities early this week, as acute Fed fears pushed up bond yields and undermined risk sentiment. Subdued markets, low
Morgan, BofA Close Book On Uninspired Bank Earnings
The last of Q4’s big bank earnings came in mixed Wednesday, as Bank of America and Morgan Stanley delivered decent results that allayed some fears
An Air Of Panic
A Wednesday headline described the Fed’s “tightening steps” as “unprecedented.” I didn’t read the article. But it says something about the addiction liability Jerome Powell
