Given what we’ve seen this week in terms of DM yields spiking and that spilling
Author: therealheisenberg
Politically Normalizing Abnormal Psychology
“Lincoln had his Gettysburg Address. Franklin Roosevelt had his Four Freedoms. But modern schoolchildren will learn the Mika bloody face-lift tweet.”
By One Measure, We Passed The Tech Bubble A Long Time Ago…
Someone besides tech needs to start making some goddamn money.
‘It Could Have Been Deliberate’: Silver Flash Crash Theories Abound After ‘Glitch’
“It could be a deliberate move. It happened when the market was illiquid,” Norman notes, adding that “any person who wants to do that wants to push markets lower.”
Treasury Yields Dive (And Then Bounce) After AHE Miss
Aaaand knee-jerk, then reverse plz. Ok thnx. Bye.
Jobs Report Beats, But Average Hourly Earnings Misses
U.S. June Nonfarm Payrolls Rose 222k; Unemp. Rate at 4.4%
Avg. hourly earnings 0.2% m/m, est. 0.3%, prior 0.1%
Oil’s Woes Continue As Prices Abruptly Sink (Again)
In what is becoming a daily occurrence, crude took another dive earlier this morning as
Yen, Pound Nosedive, BoJ Reminds You Who’s In Charge Here
Right, so first thing Thursday morning we noted that 10Y JGB yields had risen to
Key Calls (Friday): Upgrades, Downgrades & Initiations
You need an upgrade.
Ok, So How Much Worse Can This Bund Selloff Get?
“That depends on tactical factors, positioning and valuations”…
Silver Crashes 11% In Seconds: It’s Probably Nothing
You say “tomato”, I say “tomahto”…
Dear America: The Opioid Epidemic Is Not New, But Thanks For Caring
America is finally waking up to the opioid epidemic.Â
Great.
Now if only everyone (including the government) weren’t two decades late.Â
Thursday Satire: Betsy DeVos Sent On Urgent Mission To North Korea
“Our nation’s best bet to stop North Korea.”
‘Rock-n-Roll’ Gundlach Says Bloomberg Is Lying About Him Again – Go Bills
What to say about “bond king” Jeff Gundlach? As regular readers know, Jeff is man
‘There’s Some Real Concern About Oil’: U.S. Oil Fund Put Volume Surges
Crude can’t catch a break…
The Ethics Of Twitter Trump
“He did not run a public company; he did not answer to shareholders and a board of directors vetted and chosen for experience and independence. Now, it seems clear, he sees the United States government as a Trump enterprise he will operate in just this way.”
Trader: ‘Stocks Might Even Go Down. Stranger Things Have Happened’
“So the question you need to be asking isn’t whether something is mispriced, but what are the catalysts that will convince the market that it’s time to recognize it as so.”
Albert Edwards, FT’s Katie Martin Take On The Mighty ‘Rikshog’
“But a combination of aggressive QE and -0.5% interest rates has not just resulted in a very robust economy, but a totally overheated and out of control housing bubble – one which makes Australian and Canada house price bubbles look merely pedestrian!”
Nickels In The Urinals: Don’t Jinx The Wheat Trade
“The Market Gods are a fickle bunch. Even if you avoid nickels in the urinals, they still seem to find ways to get you.”
An Emerging Problem?
“There are just too many goddamn headwinds”…
‘In Fairness To Children’: Let’s Stop Pretending There’s Anything ‘Genius’ About Trump’s Antics
“Spectacle drives out problem-solving. Our national attention span, never one of our strongest suits, follows Trump down to a level that, in fairness to children, cannot even be called childlike.”
Goldman Asks The Big Question: What Does The Opioid Epidemic Mean For The Economy?
“By now most people have seen at least one astonishing headline about the opioid epidemic: Opioid abuse kills about 100 Americans per day. There are as many opioid prescriptions written annually in the US as there are adults. With just 5% of the world’s population, the US consumes 80% of its opioids.”
‘Sudden Selloff’: It’s Time For Emerging Market Investors To Be ‘Deeply Fearful’
“But that changes when the Fed’s major peers are all raising rates at the same time or when there’s speculation they will do so. The chances a sudden selloff become much greater.”
‘Chain Reaction’ Strikes: Stocks Dive As Sudden Bund Selloff Triggers Bond Bloodbath
“The magnitude of the sell-off is excessive”…
Geopolitics! Won At 4-Month Low, Lira Sinks, Trump Says ‘Very Severe’ Shit Is Goin’ Down
Well, the won is at four-month low against the dollar on Thursday because, well, because
Key Calls (Thursday): Upgrades, Downgrades & Initiations
You need an upgrade.
Confused Trump Supporters Mistake Declaration of Independence For Liberal ‘Propaganda’
“I have no idea what you’re talking about”…
You must be logged in to post a comment.