Over the years, I’ve learned to pick my spots when it comes to broaching the
Author: therealheisenberg
Kolanovic, JPMorgan Stress ‘Ongoing Market Risks’
“For lack of better words, our outlook is negative,” JPMorgan’s Marko Kolanovic told a conference
Great American Deposit Debate Spotlights Legislative Gridlock
“Biden, Powell and Yellen have said virtually everything they can say about the FDIC’s backing
No. All Deposits Under $250,000 Aren’t ‘Covered’
I assumed this was obvious, but it’s clear from some reader feedback that it needs
Bonds Doubt Their God. ‘Stocks Are Next,’ Wilson Warns
It’s no secret that Morgan Stanley’s Mike Wilson suspects consensus is too optimistic on the
Interview That Collapsed Credit Suisse Costs Saudi Financier His Job
Late last week, in “We’re Scaring Ourselves Into Bank Runs Now,” I suggested Credit Suisse
Hold My Nukes
Russia’s much discussed “offensive” in Ukraine either didn’t materialize or, at best, didn’t accomplish much.
Failing Banks, Persistent Inflation Promise Fun-Filled Week
Markets will get an updated look at the Fed’s preferred inflation gauge this week. Spoiler
Is Corporate Spending About To Plunge?
Analysts, strategists and financial media outlets have dedicated quite a bit of time recently to
Buying The 2023 Fed Pivot May Be A Bad Idea
Jeff Gundlach thinks it’s likely the Fed will be compelled to abandon their “higher for
America’s Small Banks Bleed $120 Billion In Deposits
America’s small banks bled deposits in the week ended March 15. I realize that risks
Global ‘Dash For Dollars’ Turns Acute
Global dollar demand is evident. Last Sunday, I suggested the Fed’s dollar swap announcement+, made
Kocic On Minsky Moments, 2008 And ‘Unprecedented Outliers’
Jerome Powell and the Fed are staring warily at a prospective “damned if they do,
In Bank Drama: Forced Behavior, Solvency Crises And ‘Zombie Mode’
Another week of manic moves across rates and financials said more about sentiment, psychology and
We’re Scaring Ourselves Into Bank Runs Now
On Friday morning, while documenting what was shaping up to be a rough session for
Deutsche Bank In Spotlight As CDS Blows Out, Shares Dive
Never a dull moment. Banking crisis headlines enveloped Deutsche Bank on Friday, when sharp moves
Services PMI Nods Strongly To US Wage-Price Spiral
The good news is, the US economy is still humming along. That’s also the bad
Cash Reigns
The rush into cash continues unabated. Money market fund assets ballooned by an additional $117.4
Fed’s Foreign Repo Facility Sees $60 Billion Draw
Usage of the Fed’s newly-created liquidity facility for besieged US lenders more than quadrupled over
TikTok CEO Says Xi Jinping Not Hiding In App
TikTok CEO Shou Chew spent his Thursday being interrogated by US lawmakers on Capitol Hill.
Households Could Sell Up To $1.1 Trillion In Stocks: Goldman
Equities aren’t the only game in town anymore when it comes to asset allocation. Maybe
How FOMC Coverage Should Be Done
Following the March FOMC decision and Jerome Powell’s press conference, I was struck (again) by
It’s Not A Wage-Price Spiral. It’s ‘Greedflation’!
Price gouging! That’s the culprit for high inflation. I like it as a thesis. I
Ambiguous New Home Sales Suggests Prices Firmed After Drop
The pace of new US home sales was slightly slower than expected last month, data
11 In A Row: Bank Of England Hikes Again
A day on from the release of data showing food inflation in the UK exceeded
Could Janet Yellen Guarantee All Bank Deposits If She Had To?
If something goes terribly wrong, and lawmakers on Capitol Hill are slow to react, could
Some Additional Hikes. Maybe.
“How confident” is the Fed that America’s banking crisis is “contained,” a reporter from the
You must be logged in to post a comment.