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Author: therealheisenberg

Like It Never Happened! China’s PMIs Back In Expansion Just One Month Later

March 30, 2020March 30, 2020

Corona who?

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4 Comments on Like It Never Happened! China’s PMIs Back In Expansion Just One Month Later

‘Where We’re Going, There Are No Roads’: Revolvers, 12-Sigma Plunges And Reluctant Swipers

March 30, 2020March 31, 2020

$162 billion in revolver draws, a warning from Visa and a 12 standard deviation plunge in one bank’s activity gauge.

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2 Comments on ‘Where We’re Going, There Are No Roads’: Revolvers, 12-Sigma Plunges And Reluctant Swipers

Tenuous.

March 30, 2020March 30, 2020

These are surreal times, folks.

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7 Comments on Tenuous.

‘Sudden Declines’, ‘Gone In A Flash’

March 30, 2020March 30, 2020

Can you laugh in the face of danger?

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9 Comments on ‘Sudden Declines’, ‘Gone In A Flash’

How Bad Will It Get? America’s Unemployment Crisis Set To Spiral, According To Some Estimates

March 30, 2020March 30, 2020

Now that is quite something. 

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6 Comments on How Bad Will It Get? America’s Unemployment Crisis Set To Spiral, According To Some Estimates

As Economic Confidence Collapses In Europe, Germany Pays Workers To Stay Home

March 30, 2020March 30, 2020

The difference is that “all these workers are all still employed”.

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Leave a Comment on As Economic Confidence Collapses In Europe, Germany Pays Workers To Stay Home

‘The Largest Economic Shock Of Our Lives’: Goldman Says Oil Demand To Plunge 25% Near-Term In ‘Game-Changing’ Crisis

March 30, 2020March 30, 2020

“…carbon-based industries sit in the cross-hairs as they have historically served as the cornerstone of social interactions and globalization”.

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oil, OPEC2 Comments on ‘The Largest Economic Shock Of Our Lives’: Goldman Says Oil Demand To Plunge 252 Near-Term In ‘Game-Changing’ Crisis

Fingers Crossed.

March 30, 2020March 30, 2020

A somewhat inauspicious start.

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oil1 Comment on Fingers Crossed.

China Eases Big, Delivers Large Cut To 7-Day Reverse Repo Rate

March 29, 2020March 29, 2020

If you were looking for a sign…

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2 Comments on China Eases Big, Delivers Large Cut To 7-Day Reverse Repo Rate

This Is Not An Economic Crisis With Social Consequences. It’s A Social Crisis With Economic Consequences.

March 29, 2020

“What is happening is not a financial crisis or an economic downturn caused by the endogenous workings and self-sabotage of the capitalist system.”

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13 Comments on This Is Not An Economic Crisis With Social Consequences. It’s A Social Crisis With Economic Consequences.

Trump Abandons Easter ‘Economic Resurrection’ Goal, Cites Worst-Case 2.2 Million Virus Death Toll

March 29, 2020March 29, 2020

“When I heard that number today – first time I’ve heard that number”…

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11 Comments on Trump Abandons Easter ‘Economic Resurrection’ Goal, Cites Worst-Case 2.2 Million Virus Death Toll

‘We’re About To Find Out If It’s Enough’: Everything Policymakers Have Done To Bail Out A Sick World

March 29, 2020March 30, 2020

“There are no ideologues in financial crises.”

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14 Comments on ‘We’re About To Find Out If It’s Enough’: Everything Policymakers Have Done To Bail Out A Sick World

From ‘Virus Divergence’ To Intervention Risk: Wall Street Disagrees On Dollar’s Post-Squeeze Path

March 29, 2020

Where to now?

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The Great Petrostate Panic.

March 29, 2020March 29, 2020

Trouble in petro paradise.

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oil, OPEC6 Comments on The Great Petrostate Panic.

Fauci Confuses Tapper’s Virus Question, Clarifies US Could Have 200,000 Deaths, ‘Millions’ Of Cases

March 29, 2020March 29, 2020

“You could so easily be wrong, and mislead people.”

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10 Comments on Fauci Confuses Tapper’s Virus Question, Clarifies US Could Have 200,000 Deaths, ‘Millions’ Of Cases

In Europe, Indefinite Lockdowns, Spiraling Death Tolls. In The US, A ‘Totally Bizarre’ Soap Opera

March 29, 2020March 29, 2020

“I can’t make an accurate prediction”.

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11 Comments on In Europe, Indefinite Lockdowns, Spiraling Death Tolls. In The US, A ‘Totally Bizarre’ Soap Opera

This Is ‘The End Game Of The Great Debt Super Cycle’ And Scott Minerd Sees Just One Way Out

March 28, 2020March 29, 2020

“We are experiencing the end game of the great debt super cycle”.

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13 Comments on This Is ‘The End Game Of The Great Debt Super Cycle’ And Scott Minerd Sees Just One Way Out

Ebbs And Flows.

March 28, 2020

Historic outflows, daunting headlines and a rebalancing bid.

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5 Comments on Ebbs And Flows.

‘Don’t Call The Woman In Michigan’: Trump Gambles On Governor Attacks Amid Virus Response Push

March 28, 2020March 28, 2020

“I mean, I’m a different type of person.”

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9 Comments on ‘Don’t Call The Woman In Michigan’: Trump Gambles On Governor Attacks Amid Virus Response Push

Bazooka Stimulus, Buying Time And Virus Utilitarians

March 28, 2020March 28, 2020

“I want to take actions that will provide a concentrated, short-term boost in demand”.

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7 Comments on Bazooka Stimulus, Buying Time And Virus Utilitarians

Where’s The Floor?

March 27, 2020March 28, 2020

“The scale of the policy panic is astonishing.”

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12 Comments on Where’s The Floor?

Good News, Bad News And Wasted Time

March 27, 2020March 27, 2020

“Always a mess.”

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2 Comments on Good News, Bad News And Wasted Time

Have We Seen The Worst Of The Dollar Delirium? Asking For The Entire World

March 27, 2020March 27, 2020

One more time: It’s much safer out there when the dollar isn’t going vertical.

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1 Comment on Have We Seen The Worst Of The Dollar Delirium? Asking For The Entire World

Bond Bubble Bursts In ‘Stunning’ Outflow Deluge. BofA Bull & Bear Indicator Hits 0.0

March 27, 2020March 27, 2020

“The liquidation vortex”…

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5 Comments on Bond Bubble Bursts In ‘Stunning’ Outflow Deluge. BofA Bull & Bear Indicator Hits 0.0

Bazookas Of The North And Tough Indians.

March 27, 2020March 27, 2020

Canada slashes rates to the lower bound, launches QE. India moves to dodge collapse.

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2 Comments on Bazookas Of The North And Tough Indians.

Boris Is Positive As Coronavirus Stalks Downing Street. Spain Has Deadliest Day Yet. ‘America First.’

March 27, 2020March 27, 2020

“I was at a hospital where I think a few there were actually coronavirus patients and I shook hands with everybody.”

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1 Comment on Boris Is Positive As Coronavirus Stalks Downing Street. Spain Has Deadliest Day Yet. ‘America First.’

Is It Over Yet?

March 27, 2020March 27, 2020

“We’d just as soon it could be over”.

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2 Comments on Is It Over Yet?

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