“What if the curve has been right all along?” Deutsche Bank’s Aleksandar Kocic wondered, in a new note. He was referring to front-end pricing for
Author: therealheisenberg
Retail Investors Sell Almost All Stocks Bought During Pandemic
We talk incessantly (and often derisively) about “the retail investor.” We’re never very precise about who we mean. Part of the problem is that investors
The Stock Selloff Probably Isn’t Over
Foraging for winners in the smoldering wreckage of 2022’s charred cross-asset landscape conjures The Road, when Viggo Mortensen and his son find a surviving can
The Myth Of Americans’ ‘Extra’ Dollars
Part and parcel of most constructive takes on the US economy in 2022 is the notion that “excess” savings (“buffers,” as it were) accumulated during
$21 Billion In Dip-Buying Spotted As S&P Snaps Losing Streak
The “summer rally bandwagon is growing.” That’s according to BofA’s Michael Hartnett who, in the latest installment of the bank’s popular weekly “Flow Show” series,
Peak Inflation? Save Your ‘Nuance’
Key personal income and spending data released Friday came in largely as expected, a relief at a time when markets remain vulnerable to incremental evidence
From Markets To Politics, It’s All About China’s ‘Trajectory’
Shares in Hong Kong closed out an otherwise lackluster week on a high note Friday, despite ongoing concerns about the fate of the Mainland economy.
As Middle Class ‘Trades Down,’ Dollar Stores Trade Up
“The great thing at Dollar General is that we offer that value,” CEO Todd Vasos said Thursday, on the company’s Q1 earnings call. He was
Albert Edwards Spots ‘Elephant In The Room’
Albert Edwards wants to “talk about stocks.” But not those stocks. In a Thursday note, SocGen’s incorrigible, yet generally affable, bear, addressed what I’ve variously
Popular Strategist Sees ‘Critical Near-Term Pivot’ As Stocks Rally
Although the bar for the Fed to slow the pace of rate hikes remains very high (and thus the odds of a “pause,” let alone
A Wild Trip Through Turkey
Turkey kept rates on hold Thursday which, to the uninitiated, probably doesn’t sound like news. But it is. News, I mean. And even if it
‘Slowest In Nearly A Decade’: Pending Home Sales Drop Again
Pending home sales in the US fell more than expected in April, data out Thursday showed. The 3.9% decline was nearly twice as large as
Around A Burning World
Sentiment was muted in Asia Thursday, and only slightly better than that in Europe, as traders assessed a hodgepodge of developments which together spoke to
Retail Investor Mania Fizzles In Unforgiving 2022
Remember the retail investor mania? For a few months in early 2021, Reddit residents and gamers-turned Robinhood addicts pretended they’d usurped Wall Street and conquered
Fed Minutes Describe Combustible Inflation Setup
The word “restrictive” showed up just once in the May FOMC minutes, but allusions to front-loading rate hikes and getting policy to neutral sooner rather
Load More
