Daily Kickstart (Japan Battles Bond Markets, Mexico/Turkey Battle FX Traders, May Meets W/Trump)
As is rapidly becoming custom, we start with FX markets, where the USDJPY rose again,
Key Calls (Friday): Upgrades, Downgrades, & Initiations
Are your stocks on the list?
Will Trump’s Tax Reforms Actually Cause More Inversions?
Reverse Yankee me please…
One Bank’s Bold Prediction For € Credit
Needless to say, I’m a big believer in the idea that the market isn’t properly
What No One Is Telling You About Trump’s Corporate Tax Proposal
Chart Check (Reflation Divergence)
Well, the foreign bid is alive and well…
Everything You Need To Know About Rates In One Paragraph
Last night, I pondered whether it might be time to jump on board the bund
Why One Trader “Can’t Stop Thinking About The FOMC Meeting”
“I canâ€™t stop thinking about next weekâ€™s FOMC meeting. Which I realize is odd given that nothing is expected, virtually nothing priced in and no press conference. Not to mention, none of the big guns is currently scheduled to speak in the days after the event. This is meant to be one of those free-pass get-togethers.”
Daily Kickstart (“Bigly”)
Making stocks great again.
Chart Check (Getting “Kinky”)
“No Trump bump”…
Chart Check (Dow 20,000: Some Historical Context)
“Firstly the Dow only hit 1000 for the first time in January 1987. 5000 was reached in November 1995, 10000 in December 2003 and 15000 in May 2013. This is the quickest ever between round number thousand point increments as it only took 64 calendar days to go from 19000 to 20000.”
Key Calls (Thursday): Upgrades, Downgrades, & Initiations
Are your stocks on the list?
Why I Fully Support Trump’s Border Wall
I’ve gotten a lot of mail lately regarding my perceived aversion to Donald Trump’s agenda and while I initially brushed off the criticism, I had an epiphany last night.
Yes indeed, I had a “come to Jesus” moment and as of Wednesday afternoon I fully support this “big, beautiful” wall. Let me tell you why…
“Short Of A Lifetime” Back On?
“I’m not entirely sure how sustainable this is.”
How Is The Market Pricing A NAFTA Rethink?
I’d say it’s probably fair to suspect that when it comes to renegotiating NAFTA (“the
Shares Outstanding In Biggest Oil ETF Plunge To 13 Month Low
“Market perceives risk/reward as not very appealing with oil in the mid-$50 range and with expectations of an adequate response from U.S. shale production”
These Are The Best And Worst Performing Currencies Since Trump Took Office
Needless to say, I’ve spent a fair amount of time talking about currencies this year. As
Chart Check (Going, Going, Gone)
Score one for the shorts…
Thanks Populism: Brexit May Make British Pound “Irrelevant”
“To the extent that reserves serve as backstops against currency stress, rather than as sovereign wealth, the poundâ€™s diminishing role in international capital flows post-Brexit should permanently reduce its reserve status.”
Wednesday Humor (“Voter Fraud”)
Indisputable evidence of voter fraud…
Daily Kickstart (Stocks Rise Across The Globe)
We start Wednesday with the dollar (where else, right?). Trump’s protectionist rhetoric and the lingering
Key Calls (Wednesday): Upgrades, Downgrades, & Initiations
Are your stocks on the list?…
“Canary In A Coal Mine Or Siren Song”?
Bright and early. Me. An espresso (I skipped the frothed milk this morning in favor
Shocker: Democrats Ready To “Make America Great Again”
“If you had told us that on the third work day of Trumpâ€™s Presidency, we would see a $1 Trillion dollar infrastructure proposal (over ten years) take shape in Washington, we would have told you that â€œwe have a bridge to sell you as well”…
Artistic Tribute To Record Close For Stocks
“It may be the alcohol talking, but”…