Cartoon Break (“Kellyanne Spinning”)
Divert, obfuscate, power.
Author: therealheisenberg
Behold: The Central Bank Junk Bond Put In All Its Glory
Over the past two months, we’ve warned repeatedly that global asset prices may be set up for a correction onceContinue Reading
One Trader Ain’t Buyin’ The Whole Treasury Short Squeeze Thing
“A market of this size will require a change of perceptions to be bullied for more than a very short amount of time by some short- covering. If people begin to think 10-year Treasuries are going north of 3%, do you really think there aren’t enough longs to fill in the bids?”
Goldman Says “Not In OPEC’s Interest” To Extend Cuts; IEA Thinks Maybe You Need To Be More “Patient”
“For those looking for a re-balancing of the oil market, the message is that they should be patient.”
A Fed Hike Will Send Treasury Yields Higher Right? Not So Fast
Good hike, bad hike. That’s the game we’re playing on Wednesday and really, it’s more of a question. That is: isContinue Reading
“That’ll Work”: CPI Beats Ahead Of Fed
U.S. Feb. CPI Rose 0.1%, Above Est.
Retail sales less autos rose 0.2% in Feb., est. 0.1%
Behind The Curve? “Pussy-Cat” Yellen Confronts “Largest Dovish Policy Deviation Since The 70s”
Some folks will be talking about the Fed today. In just a few hours we’ll get a hike, but onceContinue Reading
Key Calls (Wednesday): Upgrades, Downgrades & Initiations
Are your stocks on the list?
White House, Trump Pissed, Blast “Desperate” Media For Tax Return Leak
Well, the White House is pissed. BREAKING: We've got Trump tax returns. Tonight, 9pm ET. MSNBC. (Seriously). — Rachel MaddowContinue Reading
“Big Trees Fall Hard”
Just how complacent and sanguine are equities ahead of the Dutch elections and the Fed? Well, we’re glad you asked.Continue Reading
Goldman Goes Full-Kolanovic: Warns Systematic Strats Are Overexposed, Will Exacerbate S&P Selloff
Marko Kolanovic. You know the name. He’s Gandalf. Nostra’quant’mus. JPMerlin. If you frequent these pages, you’re well acquainted with Marko.Continue Reading
Here’s How To Play An Increasingly Volatile Oil Market
If you needed a reminder that oil prices can be volatile and are hyper-sensitive to every single data point and/orContinue Reading
Your Last Minute Preview Of Wednesday’s “Other” Big Event
Well, it looks like there may be hope for Europe yet. While some commentators expected the increasingly absurd spat betweenContinue Reading
Oil Whipsaws As API Data Clashes With Saudi Headline Hockey; “Steve” Weighs In
On Monday, we introduced you to “Steve.” Steve hates two things, as far as we can tell: Arab nations (“sandContinue Reading
“Quick, Buy That (Macro) Dip!”
Earlier today, we noted that the correlation between implied vol and equities is breaking down as traders buy cheap protectionContinue Reading