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Author: therealheisenberg

China’s Black Swan Yuan Fixes Are The Market’s New Plunge Protection

September 1, 2019September 1, 2019

That, the bank marveled, “is a 6 standard deviation move”.

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1 Comment on China’s Black Swan Yuan Fixes Are The Market’s New Plunge Protection

Trump ‘More Receptive’ To Going ‘Well Beyond Trade’ In China Fight: Report

September 1, 2019September 2, 2019

“First and foremost as a national security threat”.

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10 Comments on Trump ‘More Receptive’ To Going ‘Well Beyond Trade’ In China Fight: Report

Argentina Imposes Currency Controls As End Game Beckons

September 1, 2019September 1, 2019

And the crisis worsens.

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3 Comments on Argentina Imposes Currency Controls As End Game Beckons

One Bank’s Clients Complain ‘The Sheer Volume’ Of Tweets Makes It Impossible To Hold Positions

September 1, 2019

In other words, forecasting the next turn is impossible.

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2 Comments on One Bank’s Clients Complain ‘The Sheer Volume’ Of Tweets Makes It Impossible To Hold Positions

A Critical Week Looms For The US Economy, With Special Emphasis On Friday

September 1, 2019September 1, 2019

Another frantic Friday in the cards?

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1 Comment on A Critical Week Looms For The US Economy, With Special Emphasis On Friday

Nobody Knows What’s Next As Trump’s ‘Crazy Like A Fox’ Strategy Keeps Markets Guessing

August 31, 2019September 1, 2019

…but it’s still madness.

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3 Comments on Nobody Knows What’s Next As Trump’s ‘Crazy Like A Fox’ Strategy Keeps Markets Guessing

Markets Just Witnessed The Best Month For US Government Bond Returns Since 2008 – What Now?

August 31, 2019

Congrats are in order for anyone who bet on a continuation of this year’s rally.

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1 Comment on Markets Just Witnessed The Best Month For US Government Bond Returns Since 2008 – What Now?

As Hong Kong Chaos Escalates To Molotov Cocktails, One Bank Says Recession ‘Unavoidable’

August 31, 2019September 4, 2019

Chaos beckons.

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16 Comments on As Hong Kong Chaos Escalates To Molotov Cocktails, One Bank Says Recession ‘Unavoidable’

‘It Was A Mistake To Trust Zarif’: US Sanctions Iranian Tanker Said Headed To Syria

August 30, 2019November 18, 2021

“I hope it changes course”.

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Trump Says September China Talks Still On, But Tariffs To Go Ahead On Sunday

August 30, 2019August 31, 2019

He also said that when it comes to Mar-a-Lago and the hurricane, Mar-a-Lago is on its own.

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3 Comments on Trump Says September China Talks Still On, But Tariffs To Go Ahead On Sunday

What’s Behind Friday’s ‘Crazy’ Euro Collapse

August 30, 2019August 30, 2019

Lots of things, probably.

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Things Fall Apart For MAGA Economy As Consumer Sentiment Crashes To Trump-Era Low

August 30, 2019November 18, 2021

“…such tactics act to increase uncertainty and diminish consumer spending at home”.

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3 Comments on Things Fall Apart For MAGA Economy As Consumer Sentiment Crashes To Trump-Era Low

‘Dear Mr. President, Please Don’t Ruin The Holidays’: Trade Groups Beg For 11th-Hour Tariff Delay

August 30, 2019August 30, 2019

“We are writing with an urgent request that you postpone all tariff rate increases on Chinese goods”.

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1 Comment on ‘Dear Mr. President, Please Don’t Ruin The Holidays’: Trade Groups Beg For 11th-Hour Tariff Delay

Trump Blasts ‘Weak Companies’, ‘Fed Problem’ ‘Crazy’ Euro In Traditional Friday Meltdown

August 30, 2019

“Sounds good, doesn’t it?”

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6 Comments on Trump Blasts ‘Weak Companies’, ‘Fed Problem’ ‘Crazy’ Euro In Traditional Friday Meltdown

Why Nomura’s McElligott Thinks 3,050 On The S&P Is ‘In Play’ Through Mid-September

August 30, 2019November 21, 2021

“Gamma gravity” time.

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2 Comments on Why Nomura’s McElligott Thinks 3,050 On The S&P Is ‘In Play’ Through Mid-September

Your Daily Economic Downturn Warning Comes Courtesy Of Goldman’s Analyst Index

August 30, 2019

We’re gonna need more “insurance” cuts.

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Central Banks Need To ‘Disappoint Markets’: On Way Out Door, Nowotny Says ECB Won’t Buy Stocks

August 30, 2019August 30, 2019

“I am of the opinion that central banks should be the decisive institution”.

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1 Comment on Central Banks Need To ‘Disappoint Markets’: On Way Out Door, Nowotny Says ECB Won’t Buy Stocks

For War-Weary Markets, China’s Daily Press Briefings Matter More Than ECB Hawks

August 30, 2019August 30, 2019

“Effective communications” – from China’s Foreign Ministry and from the ECB’s Sabine Lautenschlaege.

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‘A Perfect Experiment For Soros Reflexivity’: Trump, Trade And Lessons From Presidential Score Cards Past

August 29, 2019August 30, 2019

“The dynamics between a potential recession, trade war, and the political business cycle should be a perfect experiment”.

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Beto O’Rourke Promises To ‘End Trump’s Disastrous War’ In Newly-Released Trade Plan

August 29, 2019

“Trump’s disastrous trade war, which he claims was designed to save American jobs, has done just the opposite”.

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1 Comment on Beto O’Rourke Promises To ‘End Trump’s Disastrous War’ In Newly-Released Trade Plan

How Christine Lagarde Will Run The ECB, In Her Own Words

August 29, 2019August 29, 2019

“Policy normalization is premature”.

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1 Comment on How Christine Lagarde Will Run The ECB, In Her Own Words

Fox’s Brian Kilmeade Asked Trump To Explain Anti-Fox Tweets. Here’s What Happened Next

August 29, 2019August 29, 2019

“So I don’t understand, if someone comes on and they’re critical of one thing about you”…

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3 Comments on Fox’s Brian Kilmeade Asked Trump To Explain Anti-Fox Tweets. Here’s What Happened Next

It’s Those Darn Hawks Again – Klaas Knot Makes An Unwelcome Cameo

August 29, 2019

Keeping the (non-existent) powder dry.

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Ray Dalio’s Flagship Fund Wrong-Footed By Rates Bets, Falls 6%: Report

August 29, 2019August 29, 2019

According to a source, Pure Alpha isn’t the only Bridgewater fund that’s struggling.

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9 Comments on Ray Dalio’s Flagship Fund Wrong-Footed By Rates Bets, Falls 69: Report

Nomura’s McElligott Weighs In On Trade Olive Branch, Outlook For September

August 29, 2019August 29, 2019

“I believe risk trades higher into the ‘Gamma’ events mid-month”, but…

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Don’t Look Now, But China’s Yuan Just Dodged Its Longest Losing Streak On Record

August 29, 2019November 18, 2021

A stick save, as it were.

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China Extends Olive Branch To Trump, Markets With Thursday Trade Comments

August 29, 2019August 29, 2019

Escalation benefits nobody.

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3 Comments on China Extends Olive Branch To Trump, Markets With Thursday Trade Comments

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