High Note.

And so the holiday-shortened week comes to a close and it delivered everything that could have been reasonably expected of it.


Fly Me To The Moon.

I was told Icarus would be unleashed.

When Are Bond Yields ‘Kryptonite’ For Stocks? The Debate Rages On…

“Clients and colleagues are asking if there’s a magic interest rate that’s kryptonite to stocks; is it 3.0% or 3.5% on the 10Yr Treasury?”

Wait, What?

If you don’t have a sense of humor, the market’s reaction to the Fed minutes was probably pretty frustrating for you. 

Read These Instructions Before Handling Fragile Fed Minutes

Obviously, interpreting the January Fed minutes is going to be a self-referential nightmare bordering on the absurd.

Neel Kaskhari Isn’t ‘Sitting Here Trying To Engineer’ Dow 86,000, Ok?

“…we’re not sitting here trying to engineer a certain level of the stock market.”

‘The Truth Is, We Don’t Know’: What Is The Line In The Sand For Bond Yields?

Well, the debate around what the number is for 10Y yields has devolved into a veritable obsession for markets at this point. 

Welcome Back!

The win streak is over.

What’s Up With The Dollar? One Bank ‘Explains’ The Greenback’s Trials And Tribulations

In any event, take all of that for whatever it’s worth, and if you don’t agree with it, don’t fret because invariably, this debate will rage on for months.

‘Savor The Moment’ Because February’s Selloff Was ‘An Appetizer, Not The Main Course’

There you go. Lots of “bummers” on the horizon. So you know “savor” the moment, because…

Get Ready For ‘More Pain’ Trader Says, As Yields Rise, Stocks Fall, U.S. Traders Return

But hell, you never know these days. U.S. investors are a funny bunch and they’re prone to defying common sense when it comes to piling in for absolutely no reason whatsoever.

‘As Far As I’m Concerned, It’s Just Speculation’: Full Week Ahead Preview

“Right away, you’re ready to sell it.”

I Bet You Care About The Bond Market Now, Don’t You?

Funny what losing $3 trillion will do.

‘Why Does It Hurt When We Unwind?’ Why The Re-emancipation Of Markets Will Be Painful

“This time is different.”

No, really.

‘I Suppose You Think You Raised Hell’

“When I’ve raised hell you’ll know it.”