‘I Come Back To You Now’: Kolanovic Returns, Everyone Panics
“…at the turn of the tide.”
Advertisements
An ‘Explosion Of Large Block Trades,’ And A ‘Currency Cold War’
“We could very well be seeing a market-structure change right before our eyes.”
A Dovish Fed Day In Charts
So “dovish” it was, or at least “dovish” was the market’s read on the Fed statement. The language on the outlook for inflation was timid and “relatively soon” on the balance sheet gives them an out if they end up needing it. “The post-meeting statement noted that the Committee expects to begin balance sheet normalization…
Yields Fall Sharply As Treasurys Underpinned By Block Trade Amid ‘Wiggle Room’ Talk
“The descriptor ‘relatively’ gives policy makers some wiggle room in the event the labor market, inflation data, or possibly a debt ceiling crisis, gives the FOMC cold feet in September.”
Trader: ‘It’s Easy To Forget Who’s Running This Show’
“It sure makes sense. But looking back on how asset prices have behaved over the last two weeks, you’d be hard pressed to make that case.”
‘After All, Populism Is Inflationary’: The Case For A ‘Gold’en Tail Hedge
“After all, populism, protectionism and deficit spending are all inflationary.”
Tuesday In Charts: ‘Remember To What You Owe Your Good Fortunes’
“We think the timing would be good for investors too to remember to what they owe their improvement in fortunes”…
As Bonds Slide, Here’s A Look At The Behind The Scenes Action
Let’s just scan the tape for interesting shit, shall we?…
‘Heavy Selling’ Seen In Treasurys After Block Trade ‘Spooks’ Market
“Another wave of selling was evident after the trade was published, potentially spooking the market.”
Monday, Monday: The Day In Charts
“Can’t trust that day”…
‘Tantrum Risk’ In 2 Charts
Call that “the case of the disappearing diversification.”
Or just call it “rising tantrum risk.”
‘Chances Trump Gets Anything Done Are Nil’: Dollar Sinks To 5-Week Low Against Yen
“The chances of Trump getting any of his campaign promises through in the foreseeable future are almost nil, so the Trump trade is dead for this year, and likely next.”
Wild Week In Charts: Risk Still Buoyant, Vol. Still Low, Trump Still In Focus
Full visual tour.
A Total Return Chart Lesson
“The problem that arises is that most traders look at charts that simply ignore this fact. When a new contract takes over as lead month, they simply flip over to the new contract.”
A ‘Gettin’ Away With Murder’ Type Of Day: Thursday Market Wrap
Thursday was all about people who might have gotten away with murder…
