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Author: therealheisenberg

Pop Your Collar, The Black Swan Is Here.

March 3, 2020March 3, 2020

Things didn’t go according to plan.

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12 Comments on Pop Your Collar, The Black Swan Is Here.

Steve Mnuchin Says ‘There’s No Reason’ To Halt The Stock Market (And 10-Year Yields Make History)

March 3, 2020March 3, 2020

“…the markets are working properly.”

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Coronavirus Selloff Resembles Lehman In One Key Respect. Will The Emergency Fed Cut Change That?

March 3, 2020March 4, 2020

Is your parachute working?

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4 Comments on Coronavirus Selloff Resembles Lehman In One Key Respect. Will The Emergency Fed Cut Change That?

Fed Delivers Emergency 50 Basis Point Rate Cut Amid Virus Scare, Oversubscribed Repos

March 3, 2020March 3, 2020

“Whatever it takes”, I suppose.

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5 Comments on Fed Delivers Emergency 50 Basis Point Rate Cut Amid Virus Scare, Oversubscribed Repos

Nomura’s McElligott Explains The Market’s ‘Embedded Short’, Looks Ahead

March 3, 2020

And yet, through it all…

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1 Comment on Nomura’s McElligott Explains The Market’s ‘Embedded Short’, Looks Ahead

Strategists ‘Fight To Keep Their Inner Cynic At Bay’ As G-7 Deus Ex Machina Disappoints

March 3, 2020March 3, 2020

Quixotic?

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5 Comments on Strategists ‘Fight To Keep Their Inner Cynic At Bay’ As G-7 Deus Ex Machina Disappoints

RBA Cuts Rates, BoJ Shows Resolve As Central Banks Take Aim At Virus

March 2, 2020

It’s at least possible market participants will view the RBA’s cut as too little, and the BoJ’s liquidity ops as meaningless.

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1 Comment on RBA Cuts Rates, BoJ Shows Resolve As Central Banks Take Aim At Virus

One Strategist Is ‘Taking Profits As Soon As Possible’ After Best Surge Since 2009

March 2, 2020March 3, 2020

Everyone bought the G-7 teleconference “rumor”. Will they sell the news?

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6 Comments on One Strategist Is ‘Taking Profits As Soon As Possible’ After Best Surge Since 2009

A (Dove’s) Wing And A Prayer.

March 2, 2020March 2, 2020

Either way…

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6 Comments on A (Dove’s) Wing And A Prayer.

Recession Ahoy?

March 2, 2020March 2, 2020

Printing presses vs. pandemics.

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2 Comments on Recession Ahoy?

ISM Manufacturing Hangs Tough, But Virus Concerns Are Pervasive

March 2, 2020March 2, 2020

“Coronavirus continues to be front and center as a major supply chain risk to our company.”

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The Cat’s Out Of The Bag.

March 2, 2020March 2, 2020

Traders have questions.

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1 Comment on The Cat’s Out Of The Bag.

Here Is The OECD’s Full Assessment Of The Threat From The Coronavirus

March 2, 2020March 2, 2020

Including the “domino scenario”.

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A Doomed Cavalry Charge? Rates Rage On Wild Central Bank Easing Speculation

March 2, 2020March 2, 2020

Now these are some “great expectations”.

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7 Comments on A Doomed Cavalry Charge? Rates Rage On Wild Central Bank Easing Speculation

New York Gets The Virus, Buttigieg Quits Race, Caixin Crumbles In Monday News Deluge

March 1, 2020March 2, 2020

Welcome to the new week. Enjoy your stay.

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1 Comment on New York Gets The Virus, Buttigieg Quits Race, Caixin Crumbles In Monday News Deluge

‘Defining Moment’ For Markets As BoJ Kicks Off Central Bank Response After Dire Weekend News Flow

March 1, 2020March 1, 2020

“Be prepared and dust off the crisis playbook”.

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5 Comments on ‘Defining Moment’ For Markets As BoJ Kicks Off Central Bank Response After Dire Weekend News Flow

Sometimes, The Entire Edifice Simply Implodes

March 1, 2020March 1, 2020

“Which investors drove this selloff?” Another market “whodunnit”.

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5 Comments on Sometimes, The Entire Edifice Simply Implodes

Another Crisis: Turkey-Syria Push Hostilities To Brink, Erdogan Floods Europe With Refugees

March 1, 2020March 1, 2020

Just about the last thing the world wants to ponder right now…

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2 Comments on Another Crisis: Turkey-Syria Push Hostilities To Brink, Erdogan Floods Europe With Refugees

Iran Faces Third National Tragedy Of 2020 As COVID-19 Cases Explode

March 1, 2020March 1, 2020

When it rains, it most assuredly pours.

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3 Comments on Iran Faces Third National Tragedy Of 2020 As COVID-19 Cases Explode

Mideast Stocks Plunge After $80 Billion Wipeout, As Virus Panic, Crude Collapse Weigh

March 1, 2020March 1, 2020

Needless to say, oil’s worst week since the crisis didn’t help.

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oil, OPECLeave a Comment on Mideast Stocks Plunge After $80 Billion Wipeout, As Virus Panic, Crude Collapse Weigh

The Virus Is Now More Popular Than Trump.

February 29, 2020March 1, 2020

“You will probably go through a process and you’ll be fine”.

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5 Comments on The Virus Is Now More Popular Than Trump.

‘So, It Was Right Not To Buy The Dip’: Traders Warily Eye New Week As US Reports First COVID-19 Death

February 29, 2020February 29, 2020

“…spilt milk, under the bridge”.

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16 Comments on ‘So, It Was Right Not To Buy The Dip’: Traders Warily Eye New Week As US Reports First COVID-19 Death

Trump’s Taliban Deal Leaves Haqqani Question Unanswered. Road Ahead Fraught With Peril

February 29, 2020February 29, 2020

“A hopeful moment, but only the beginning”.

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1 Comment on Trump’s Taliban Deal Leaves Haqqani Question Unanswered. Road Ahead Fraught With Peril

What Just Happened? The Historic Selloff Explained By Nomura’s Charlie McElligott

February 29, 2020February 29, 2020

Stability breeds instability.

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4 Comments on What Just Happened? The Historic Selloff Explained By Nomura’s Charlie McElligott

China’s February PMIs Are Out. They Are Awful.

February 28, 2020February 28, 2020

Just as the audience still gets a thrill from clichéd plot devices in horror movies…

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3 Comments on China’s February PMIs Are Out. They Are Awful.

Getting Involved.

February 28, 2020February 29, 2020

In the space of just seven trading days, US equities went from bubble to bust. 

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oil3 Comments on Getting Involved.

The Bond Market Is Making Demands. And You Will Bend The Knee.

February 28, 2020February 28, 2020

Any questions?

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8 Comments on The Bond Market Is Making Demands. And You Will Bend The Knee.

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