For much of 2023, re-leveraging and re-risking was the purview of systematic investor cohorts mechanically
Author: therealheisenberg
Behold: A Can’t-Miss Options Strategy Finally Sputters
For months (or maybe I should just say for the duration of the summer equity
0DTE Options Take Over As Volume Share Hits Record
If markets feel choppy to you, it’s not your imagination. And if that chop seems
China, EM Dominate US, DM In 2023 Stock Fund Flow Race
I’ve been on at considerable length about the lack of an “all-in” capitulation moment for
A Good News Story. Literally.
Friday’s update on consumer sentiment was an uneventful affair. Americans’ perceptions of the economy and
$130 Billion Tidal Wave Puts US Treasurys On Pace For Record Inflow
For an asset issued by a sovereign exhibiting signs of deteriorating governance and running an
PPI Overshoots In Disappointing Follow Up To Favorable CPI Report
In a minor blow to the US disinflation narrative, producer prices rose more than expected
Another Week, Another Record For Money Market Funds
Another week, another new record for money market fund assets. Inflows to US money funds
Cooling Down, Heating Up
As we celebrate the coolest run of US core inflation in more than two years,
Is The Fed Done?
The Fed may be done. Indeed, the market suspects the Fed is done. July’s CPI
Taking Stock Of Current Melt-Up (And Meltdown) Fuel
The inflation event risk cleared on Thursday morning in the US with no issues. Core
September Fed Hike Unlikely After Second Benign CPI Report
US consumer prices rose in line with expectations last month, according to the most important
‘Forced Selling’ On The S&P? Here Are The Numbers
In “Waiting For Inflation,” I noted that potential vol control de-leveraging is still a subplot
Waiting For Inflation
“CPI eve” sessions are notoriously tedious in the 2020s. Monthly inflation reports out of the
Sudden Surge In European Natural Gas Spotlights Key Macro Themes
If European natural gas is in the news, it’s usually for the wrong reasons. In
A.I. Meets R-Star
Not everyone’s convinced that generative A.I. is the future. While most analysts and economists readily
Unlucky Number 7: Mortgage Rates Jump After Fitch Move
Thanks Fitch! US mortgage rates sport a seven-handle again, and you can thank, in part
Xi Has Deflation
Deflation is a taboo topic in China. You’re not supposed to talk about it. Especially
More Color From The Most Important Market On Earth
It’s possible we’re all overstating the significance of recent events in the US Treasury market.
The C-Suite Can’t Dodge Higher Interest Costs Forever
What happens to the world’s largest economy when corporations finally start to feel the heat
When Will Corporate America Feel The Heat From Higher Rates?
Rising rates have been a boon to some US corporates, and I don’t just mean
Congratulations, America! You Now Have $1 Trillion In Credit Card Debt
Congratulations, America! You now have $1 trillion in credit card debt for the first time
Excuses Aside, China’s Economic Gloom Continues To Worsen
There was more disappointing economic news out of China on Tuesday. No one should be
9 Reasons America’s Largest Bank Still Doubts The Rally
It’s been a tough year for anyone determined to stick with a bearish call on
Is The A.I. Bubble In Its ‘Later Innings’?
There’s palpable tension in Wall Street research when it comes to discussions around 2023’s A.I.
Americans’ Revolving Credit Falls First Time In 25 Months
Last month, I asked if the US consumer was “finally exhausted.” I was editorializing around
You must be logged in to post a comment.