I was having a pretty hard time pretending to care about the Bank of England
Author: therealheisenberg
The Sky’s Falling
Unfurl your “Sky Is Falling!” banners. Dredge up your best recession hyperbole. And most importantly,
Before The Black Swan, A ‘Big Summer Rally’?
Looking for another bullish narrative? Of course you are! Who isn’t? The financial media, for
Rate Relief No Consolation For America’s Priced-Out Homeowner Hopefuls
Guess what? The cost of financing half-million-dollar, wooden boxes over three decades fell appreciably last
Bombs, Protests And Choices
A “shot across the bow.” That’s how one US official, without apparent irony, described the
Zentner Clings To Rate-Cut Call As Fed Searches For Disinflation
I harbor — how should I put this? — “reservations” about the usefulness of sell-side
Did Americans Just Put Away The Credit Cards?
Is the incorrigible American spendthrift finally exhausted? I don’t know how many times I’ve posed
Fleeting Vol Spike Drove $45 Billion In Mechanical Selling
Things were suddenly interesting. And then, just as suddenly, they weren’t again. The fleeting selloff
What Happened To The Selloff?
Remember the equity correction? If not, don’t worry. You didn’t miss something. There wasn’t one.
Stan Druckenmiller Takes Up Clout-Chasing In Semi-Retirement
I don’t much care for Stan Druckenmiller. He’s smug. And not smug like I’m smug.
Deal Or No Deal
Sometimes (more often than I’d like) I get grief for stating the obvious. That’s unfortunate.
Who’s Afraid Of The Big, Bad Government?
For US equities, domestic politics is an “unpriced” risk, according to Goldman. I spent some
Kolanovic, JPMorgan Still Skeptical. Of Everything
Jerome Powell’s reluctance to countenance market speculation about a return to rate hikes is indicative
Between The Lines
If you asked a committed bear what’s priced into equities in terms of risks, he
The Graveyard
Picture this. You’re huddled with your children and extended family in a tent where you’ve
Progressive History X
In August of 1912, while addressing the Convention of the National Progressive Party in Chicago,
An Early Word On US Election Tail Risks
If you’re wondering about mispriced risk in equities, it’s worth asking how stocks might react
Data Void Leaves Traders In Limbo
There’s very little on offer in the way of fundamental macro inputs this week. In
Warren Buffett Now Has Nearly $200 Billion. In Cash.
It’s a Berkshire weekend. In fact, it’s a “Woodstock for Capitalists” weekend. On Saturday, Warren
Rethinking The Repricing
Market pricing for the Fed trajectory tends to overshoot. It was clear in January that
Yelling ‘Stagflation!’ In A Crowded Theater
Don’t celebrate just yet. Investors were all set to bid up equities following a “Goldilocks”
Jobs Report: Goldilocks Is In The Eye Of The Beholder
Goldilocks or bust. The US economy added 175,000 jobs in April, the BLS said Friday
The ‘Big Picture’
One popular strategist has it all figured out. Bonds and the dollar are in an
Apple Delivers In Stormy Seas
What we can’t get in sales we’ll make up for with buybacks and payouts. That
Erdogan Pulls Plug On Trade With Israel
Israel Katz is indignant. Or irritable. Maybe (probably) both. “This is how a dictator behaves,”
Out Of Gas
One narrative, popular among contrarians of various sorts, says the Russian economy performed far better
You must be logged in to post a comment.