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Author: therealheisenberg

Jobs Data Is Roses As ADP Prints Near 1 Million, Claims Drop

June 3, 2021June 5, 2021

US private employers added 978,000 jobs last month, ADP said Thursday, 24 hours ahead of

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1 Comment on Jobs Data Is Roses As ADP Prints Near 1 Million, Claims Drop

News That Matters

June 3, 2021June 3, 2021

AMC continued to monopolize coverage on mainstream financial media portals Thursday despite multiple headlines and

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1 Comment on News That Matters

Reddit Sent Me. Now Where’s My Damn Popcorn?

June 2, 2021June 3, 2021

Unfortunately for anyone who’s inexplicably inclined to insist that markets are efficient and/or that the

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6 Comments on Reddit Sent Me. Now Where’s My Damn Popcorn?

Income, Religion, Politics: US Vaccine Demand Explained

June 2, 2021June 9, 2021

“US states with older populations, higher incomes, lower religion shares, and higher Democratic vote shares

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7 Comments on Income, Religion, Politics: US Vaccine Demand Explained

What Two Popular Strategists Are Saying About Markets

June 2, 2021June 10, 2021

US rates and stocks are “chopping their way to nowhere fast,” Nomura’s Charlie McElligott said,

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3 Comments on What Two Popular Strategists Are Saying About Markets

Give Up. You Can’t Prevent Market Manias

June 2, 2021June 3, 2021

If you read any decent history of speculative manias (“bubbles,” as it were), you’ll discover

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6 Comments on Give Up. You Can’t Prevent Market Manias

It’s About Decorum

June 2, 2021June 7, 2021

“Now even our meat is being cyberattacked,” a Bloomberg Opinion piece lamented. No. Oh, please

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11 Comments on It’s About Decorum

It’s What’s (Not) For Dinner

June 1, 2021June 2, 2021

Maybe we just need to go back to old fashioned, hand-written ledgers. “Received: 22,500 cows.”

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4 Comments on It’s What’s (Not) For Dinner

‘An Obsession’

June 1, 2021June 2, 2021

Inflation has become “an obsession” for many market participants, Morgan Stanley’s Mike Wilson wrote, in

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Jamie Dimon Doesn’t Know What It Means To ‘Hustle’

June 1, 2021June 2, 2021

I try to stay above the proverbial fray. For four years, I dabbled in social

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10 Comments on Jamie Dimon Doesn’t Know What It Means To ‘Hustle’

A Familiar Tale

June 1, 2021June 2, 2021

ISM manufacturing came in stronger than expected for May, while price pressures appeared to come

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Something About The Best Laid Plans

June 1, 2021June 1, 2021

Sentiment seemed upbeat as June dawned, underpinned by expectations for a summer defined by robust

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1 Comment on Something About The Best Laid Plans

Why Bother?

May 31, 2021June 7, 2021

Just in case it wasn’t clear enough, the OECD on Monday reminded the world that

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3 Comments on Why Bother?

Beijing Has Seen Enough Yuan Appreciation

May 31, 2021June 1, 2021

China has seen enough yuan appreciation. On the heels of a virtually uninterrupted rally, the

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1 Comment on Beijing Has Seen Enough Yuan Appreciation

Smooth Lines

May 30, 2021June 2, 2021

In the week ahead, traders will be keen to parse May payrolls for clues as

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1 Comment on Smooth Lines

The Reality Of Distorted ‘Expectations’

May 30, 2021June 6, 2021

Is the inflation narrative about to lose traction? That’s a subject I broached (or, more

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7 Comments on The Reality Of Distorted ‘Expectations’

Can I Interest Your CFO In A Stablecoin Deposit?

May 29, 2021May 31, 2021

Bitcoin is volatile. That’s perhaps the only thing crypto proponents, detractors and everyone in-between can

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12 Comments on Can I Interest Your CFO In A Stablecoin Deposit?

A Rather Strange Place

May 29, 2021May 30, 2021

Another week went by and the title and subtitle atop my simple, daily chart of

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4 Comments on A Rather Strange Place

Slow Motion, Flow Motion

May 28, 2021June 1, 2021

US equities managed a weekly (and monthly) gain as Americans looked forward to a long

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2 Comments on Slow Motion, Flow Motion

Spontaneous Combustion

May 28, 2021May 29, 2021

Consumers are “spontaneously” referencing higher prices at a rate never before witnessed, according to the

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It’s Official: Erdogan Gets New Record Low For Lira

May 28, 2021May 29, 2021

It’s official: Recep Tayyip Erdogan succeeded in vaporizing all of the lira’s gains logged under

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Since 1992

May 28, 2021June 2, 2021

Personal incomes fell less than expected in April, data out Friday showed. Incomes dropped 13.1%

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4 Comments on Since 1992

Over-Egging The Pudding

May 28, 2021May 28, 2021

Here we go again with the stories. On Thursday afternoon, US equities were purportedly nervous

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1 Comment on Over-Egging The Pudding

It’s Too Late To Sell!

May 27, 2021May 28, 2021

It’s too late to sell! I’m just kidding. Or maybe not. It depends on who

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13 Comments on It’s Too Late To Sell!

Joe Biden’s Bajillion-Dollar Budget: How To Think About It

May 27, 2021June 2, 2021

For the next several days, the media (in general, not just financial portals) will be

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11 Comments on Joe Biden’s Bajillion-Dollar Budget: How To Think About It

What If Bitcoin Just Never Matters?

May 27, 2021June 4, 2021

When Ray Dalio told CoinDesk’s Chief Content Officer that he (Dalio) owns “some Bitcoin,” the

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5 Comments on What If Bitcoin Just Never Matters?

Data Plays Along As US Economy Looks For Summer ‘Boom’

May 27, 2021May 28, 2021

406,000 Americans filed for unemployment benefits last week, a fresh pandemic low and 38,000 fewer

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Monthly Letters

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