Maybe this goes without saying, but on the off chance it’s not obvious, it bears
Author: therealheisenberg
Monumental Surge In US Home Sales Is Sideshow In Bank Drama
Surprise! The two-month re-acceleration in US pending home sales translated into a blockbuster month for
Rates Shorts Suffer ‘Stop-Out Of Their Lives’ Amid 8-Sigma Trend Shock
Whatever happens from here — where in this case that means even if bank contagion
Stocks Have Never Been This Oblivious To Rates
The broader equity market’s resilience in the face of head-spinning volatility in US rates is
Bank Failures Raise Awareness Of ‘Systemic Credit Events,’ Poll Shows
If you ask fund managers who together steward some $600 billion in AUM, the biggest
Goldman On The Fed: ‘The Inflation Fight Can Wait Six Weeks’
Over the weekend, during an interview with Fareed Zakaria, Lloyd Blankfein said that in his
Risk Of Minsky Moment High With ‘Airplane In A Tailspin’
Even if the Fed decided to lean decisively dovish this week, it may not matter.
Xi, Putin Revel In Pageantry As Show Of Defiance
Upon arriving in Russia Monday, Xi Jinping was greeted on the runway by a military
Big Picture Takeaways From The Credit Suisse Bond Wipeout
Crises have a tendency to shine a light on what, to laypeople anyway, are esoteric
The Swiss Killed The CoCos
“Put on your big boy pants.” That was Jeff Gundlach’s advice to disgruntled “gunslingers” who
Amazon Job Cuts Spread To AWS
Ok, let’s recap how we got here. In late April of last year, while unveiling
Mike Wilson Sees Bank Crisis As Bear Market Crescendo
“The risk of a credit crunch has increased materially, in our view,” Morgan Stanley’s Mike
Fed Swap Line Announcement Betrays Serious Concern
On the heels of a frantic weekend during which the Swiss government orchestrated a historic
Book Closes On Credit Suisse After 167 Years
Going once, going twice, sold! For a princely CHF0.76. Credit Suisse was forced into the
Switzerland’s Plan B: Nationalizing Credit Suisse
To describe the shotgun wedding between UBS and Credit Suisse as “complex” would be to
Moment Of Truth Arrives For Fed In Crisis Mode
There was little utility in parsing the macroeconomic nuance ahead of this week’s FOMC meeting.
Putin Shows Up In Mariupol After Arrest Warrant Issued
A wanted man traveled to Ukraine this weekend. In a surprise move, Vladimir Putin showed
UBS Offers To Buy Credit Suisse For A Song In 2008 Echo
After 48 hours of what one certainly imagines were tense negotiations with Swiss authorities, UBS
Midsize Banks Request Full FDIC Pledge. White House Talks To Buffett
Evidently, America’s small- and midsize banks are still very concerned about deposit flight. In a
UBS Takeover Of Credit Suisse Seen Imminent
“I can’t imagine the Swiss authorities won’t do anything in the event of a real
Trump Says He’ll Likely Be Arrested
Donald Trump is going to be arrested on Tuesday. That’s according to Trump himself who,
China’s Economic Recovery Questioned As PBoC Retains Easing Bias
Allegedly, China’s economic recovery was going so well last month that Party officials were taken
2023 As Year Of The Recession-Causing Credit Crunch
The case for fear and, more to the point, recession, isn’t difficult to make now.
Arrest Warrant Issued For Putin
The International Criminal Court on Friday issued an arrest warrant for one “Mr. Vladimir Putin”
Maintaining The ‘Moral Hazard Bid’
Not even bank runs (and bank collapses) are sufficient to compel equity investors to capitulate.
Behind The Scenes Of An American Bank Panic
In “Signs Of The Financial Apocalypse”+ (and yes, the title was mostly tongue-in-cheek) I talked briefly
America’s Mood Was Already Worsening On Eve Of Bank Crisis
There wasn’t much to be gleaned about America’s still simmering bank crisis from the preliminary

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