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Author: therealheisenberg

Bond Rally Has That August Feel, As Macro Scare And Hedging Flows Collide

February 21, 2020February 21, 2020

And now, back to your regularly scheduled, insane duration grab.

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Stunning: Markit PMI Posts Wild Miss As 4-Year Expansion Abruptly Ends

February 21, 2020February 21, 2020

And that, as they say, is that.

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11 Comments on Stunning: Markit PMI Posts Wild Miss As 4-Year Expansion Abruptly Ends

Don’t Read The Fine Print On Best German Factory PMI In 13 Months

February 21, 2020

“…the observed jump in the headline index flatters the sector’s current trajectory”.

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1 Comment on Don’t Read The Fine Print On Best German Factory PMI In 13 Months

Car Sales In World’s Largest Auto Market Collapse 92%

February 21, 2020February 21, 2020

It would be comical were it not for the tragic human toll of the virus.

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4 Comments on Car Sales In World’s Largest Auto Market Collapse 924

South Korea, Japan On Edge As Virus Spreads, Hits Economic Activity

February 21, 2020February 21, 2020

“The coronavirus appears to have hit trade quite a bit”.

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5 Comments on South Korea, Japan On Edge As Virus Spreads, Hits Economic Activity

‘This Is The Big One, Elizabeth!’

February 20, 2020February 21, 2020

…too many market participants shrieked, all at once, into the digital void. 

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4 Comments on ‘This Is The Big One, Elizabeth!’

Yen-Sanity. Dollar Delirium.

February 20, 2020February 20, 2020

It’s dizzying, to say the least.

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2 Comments on Yen-Sanity. Dollar Delirium.

‘You’re Gonna Need A Bigger Stimulus’: China’s ‘Jaws’ Moment Makes Years-Long Juggling Act More Precarious

February 20, 2020February 20, 2020

Mixing circus metaphors…

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McElligott, Kolanovic And The ‘Max Pain’ Trade

February 20, 2020January 8, 2022

What could bring back September’s shock reversal?

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6 Comments on McElligott, Kolanovic And The ‘Max Pain’ Trade

Coronavirus Worry Shifts To South Korea. Situation ‘Very Grave’ In Daegu

February 20, 2020February 20, 2020

“We plan to test all believers of that church”.

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3 Comments on Coronavirus Worry Shifts To South Korea. Situation ‘Very Grave’ In Daegu

Hell Or High Water.

February 19, 2020February 20, 2020

“…frustration gave way to incredulity and, eventually, incredulity surrendered to a kind of fatalism”.

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Trump, Dana Rohrabacher And A Pardon For Julian Assange? Lawyer Says Yep!

February 19, 2020October 13, 2021

It’s a good thing Trump “barely knows” Rohrabacher.

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Marko Kolanovic’s Warning: Equity Factor Bubble Now Twice As Large As Dot-Com Era

February 19, 2020February 19, 2020

“We caution investors that this bubble will likely collapse.”

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3 Comments on Marko Kolanovic’s Warning: Equity Factor Bubble Now Twice As Large As Dot-Com Era

Fed Hints At T-Bill Taper In Second Quarter (And Other Highlights From The January Minutes)

February 19, 2020February 19, 2020

All anyone cares about is the liquidity spigot.

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Define Irony: Wall Street Hates Communism But Prays For China To Bail Out Markets

February 19, 2020February 19, 2020

Featuring Leon Cooperman.

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‘Mania Has Taken Hold’, And Other Observations As The Tape Goes ‘Macro’

February 19, 2020February 19, 2020

“It’s a macro tape, you’re just living in it”.

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6 Comments on ‘Mania Has Taken Hold’, And Other Observations As The Tape Goes ‘Macro’

Meanwhile, In Turkey…

February 19, 2020

Rate cuts and plans for another cross-border incursion in Syria – this time against Assad’s forces.

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China Ponders Airline Bailouts, Yanks Press Credentials Of WSJ Reporters For ‘Racist’ Article

February 19, 2020February 19, 2020

“The mighty Chinese juggernaut has been humbled this week, apparently by a species-hopping bat virus.”

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No Man’s Land And The Boilerplate Bond Chyron

February 18, 2020February 18, 2020

“Investors want to be long US Treasurys”.

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Pardon Me. And Also Him. And How About Him, Too?

February 18, 2020February 19, 2020

But no Michael Cohen, that’s for sure.

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All Hail The Titans

February 18, 2020February 18, 2020

Another cautionary tale?

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Treasury Pulls Trigger On Russia’s Rosneft For Trafficking Maduro’s Oil

February 18, 2020February 18, 2020

“The United States is determined to prevent the looting of Venezuela’s oil assets”.

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oil1 Comment on Treasury Pulls Trigger On Russia’s Rosneft For Trafficking Maduro’s Oil

BofA Fund Manager Survey: ‘Full Capitulation’ Into Deflation Trades, QE-Forever And MMT As Reflation Savior

February 18, 2020February 18, 2020

“New highs, fewer bulls.”

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Big Miss On German Investor Confidence Is Bad Omen For Virus Fallout

February 18, 2020

“Further corrections” may be in the offing.

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Bad Apple.

February 18, 2020February 18, 2020

Shaking the apple tree.

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Everyday Low Guidance: Walmart Serves Up Disappointing Forecast

February 18, 2020February 18, 2020

“The company continues to monitor the Coronavirus outbreak”.

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Apple Says It Won’t Meet Revenue Guidance As Coronavirus Fallout Begins

February 17, 2020February 18, 2020

“All of our stores in China and many of our partner stores have been closed.”

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