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‘Insightful’ Goldman Rings Up Huge Stock-Trading Haul

April 14, 2025April 15, 2025

At least somebody benefited from a rocky start to the year for US equities. “Somebody”

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How FOMC Coverage Should Be Done

March 23, 2023March 23, 2023

Following the March FOMC decision and Jerome Powell’s press conference, I was struck (again) by

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Big Picture Takeaways From The Credit Suisse Bond Wipeout

March 20, 2023

Crises have a tendency to shine a light on what, to laypeople anyway, are esoteric

1 Comment on Big Picture Takeaways From The Credit Suisse Bond Wipeout

Midsize Banks Request Full FDIC Pledge. White House Talks To Buffett

March 18, 2023March 20, 2023

Evidently, America’s small- and midsize banks are still very concerned about deposit flight. In a

11 Comments on Midsize Banks Request Full FDIC Pledge. White House Talks To Buffett

There’s A Wrench In Goldman’s Profit Machine

January 17, 2023February 4, 2023

Goldman missed on the top line and reported a $778 million pretax loss in its

3 Comments on There’s A Wrench In Goldman’s Profit Machine

‘Bad For America’: Dimon Steps Up Regulatory Rhetoric

September 20, 2022September 23, 2022

When last I checked in on Jamie Dimon, America’s favorite “red-blooded capitalist” was busy regaling analysts

3 Comments on ‘Bad For America’: Dimon Steps Up Regulatory Rhetoric

Amid Frantic Dealmaking, Political Storm Clouds Gather

July 17, 2021July 18, 2021

Let’s make a deal. Lots of them. 2021’s first half witnessed the highest volume of

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Goldman Delivers Big Revenue Beat As FICC Surges, EPS Misses On Legal Charge

January 15, 2020January 15, 2020

Also, the new divisional revamp makes for an interesting read.

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Make It 3 Out Of 3 On Oversubscribed Repos Covering Year-End Turn

December 9, 2019December 9, 2019

One almost gets the sense that people will be disappointed if there aren’t any fireworks.

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The BIS Explains ‘Highly Unusual’ September Repo Chaos

December 8, 2019

“The mid-September tensions in the US dollar market for repurchase agreements (repos) were highly unusual”.

1 Comment on The BIS Explains ‘Highly Unusual’ September Repo Chaos

First ‘Ultra-Long’ Term Repo Covering Year-End Is Twice Oversubscribed (Cue Alarmists)

November 25, 2019November 25, 2019

Here’s some nuance, for those interested.

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‘This Isn’t Whatever-It-Takes’: Analyst Who Called Funding Squeeze Not Blown Away By Fed’s Longer-Term Repos

November 14, 2019November 14, 2019

“We’re prepared to continue to learn and adjust”.

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Analyst Who Called The Repo Squeeze Warns On ‘Combustible Cocktail’ Into Year-End

October 27, 2019

“There could be a broader de-leveraging across financial markets”.

2 Comments on Analyst Who Called The Repo Squeeze Warns On ‘Combustible Cocktail’ Into Year-End

‘Stay Liquid’: Negative Microstructure Seasonality Could Be Particularly Acute In 2019

October 26, 2019

“Trading volumes and liquidity measures should exhibit strong seasonality”.

6 Comments on ‘Stay Liquid’: Negative Microstructure Seasonality Could Be Particularly Acute In 2019

Here’s How Much The Fed Will Buy During The First Four Months Of ‘QE-Lite’

October 10, 2019October 10, 2019

By any other name…

4 Comments on Here’s How Much The Fed Will Buy During The First Four Months Of ‘QE-Lite’

The Mystery Of The Diverging Dollar Shortage Metrics

November 29, 2018

A week ago, we suggested the dollar funding squeeze was about to get worse. And it did. Sort of…

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Remember The Dollar Funding Squeeze? It’s About To Get Worse…

November 22, 2018October 20, 2021

Something to ponder.

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Why The Fed Will Be Forced To Halt QT Early And Expand The Balance Sheet In 2020, According To Morgan Stanley

July 12, 2018July 13, 2018

“An inverted yield curve by mid-2019.”

3 Comments on Why The Fed Will Be Forced To Halt QT Early And Expand The Balance Sheet In 2020, According To Morgan Stanley

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