‘Buying No Matter What’: Risk Aversion And The Ghost Of 2016
Perhaps market participants are too comfortable in the assumption that Joe Biden will prevail next month in convincing enough fashionContinue Reading
Author: therealheisenberg
Back To The Twilight Zone: Companies Get Paid To Borrow During Pandemic
Nothing gets the crowd going quite like negative rates. “Perversion” is a term that invariably gets bandied about whenever thisContinue Reading
Tail Risks Of The Reconstruction: Nomura’s McElligott, BMO, Goldman Talk Rates, Stimulus, Election Nexus
If everyone else zigs, you may want to zag — at least for a hedge. With long-end yields stateside havingContinue Reading
Sell Your 92-Year-Old Tree-Trimming Business Before It’s Too Late!, Investment Bankers Shriek
Sell it now before it’s too late! Apparently, that’s the pitch bankers are making to scare folks into offloading stakesContinue Reading
Faux Deadlines
The stimulus “deadline” in the US on Tuesday turned out not to be a “deadline,” but it did seemingly succeedContinue Reading
‘That’s The Plan’: Pelosi, Mnuchin See Stimulus Deal By Saturday, But Senate Hurdle Remains
Predictably, market participants were inundated with stimulus headlines after the closing bell Tuesday, as a call between Nancy Pelosi andContinue Reading
Netflix Results Point To End Of Pandemic Bump
Is the pandemic bump over? That’s one question investors will want answered from big-cap US tech, as the most recognizableContinue Reading
‘We Should Have Done Something. But I’m Not Optimistic’
Nancy Pelosi stoked stimulus optimism Tuesday during remarks to Bloomberg Television just hours ahead of what was billed as aContinue Reading
‘OK, Google, Call The Lawyers’
Months in the making, the Justice Department’s antitrust case against Google is set to go forward Tuesday, marking the openingContinue Reading
Mitch, Please…
Donald Trump on Tuesday doubled down on the notion that he can cajole Mitch McConnell into backing a stimulus dealContinue Reading
This Is No Lehman. Meet Me At Dave & Buster’s!
There’s talk of “lockdowns 2.0,” which I suppose is market parlance for politicians’ latest efforts to craft a response toContinue Reading
Nothing Is A Panacea
Tuesday was the ostensible “deadline” for The White House to meet Nancy Pelosi’s demands if Donald Trump wants to celebrateContinue Reading
One Bad Red Hed (Where The Two Americas Meet)
“On balance, I am comfortable with our current policy stance,” Atlanta Fed boss Raphael Bostic said Monday, in remarks forContinue Reading
Stranger Than Fiction: Trump Calls Fauci A 500-Year-Old ‘Idiot’ On A Recorded Phone Call
Satire is dead. It’s a common refrain heard across social media and echoed by journalists in the Trump era. InContinue Reading
‘It’s Running Out’: Yellen, Chase Researchers Say Americans May Be Tapped Out
“Monetary policy has already done a huge amount,” Janet Yellen said Monday, speaking in an interview with Bloomberg Television. AfterContinue Reading