Category: central banks
Going ‘Ex Liquidity’ And A Macabre Celebration At TINA’s Funeral
“…cash ’embarrassed’ so many asset classes in 2018.”
‘When The Largest ETF Buyer Exits, Nobody Wants To Catch A Falling Knife’
This is such a familiar refrain that it wouldn’t even bear mentioning at this point were it not for the fact that it’s now reversing – with entirely predictable consequences.
Trader Demands You Show Same Amount Of Respect For QT Days As You Do Great White Sharks
“…this is how I view Quantitative Tightening days. Traders, investors and portfolio managers should respect these periods.”
The End Of The Invisible Hand And ‘The Hunt For Red October’
Good luck – you’re going to need it.
Trader: Things Have Changed And Here’s Where The World Is Going Next…
“Although the Republicans are supposedly the party of fiscal conservatism, we all know that sort of talk is only for when they are not in power.”
In Norway, A Dovish Lift Off
“[I hope] normalization of rates comes before the next downturn.”
Credit Suisse’s Kasper Bartholdy Takes A Wrecking Ball To ‘Global Liquidity Shortage’ Narrative
“Are central bank balance sheets really shrinking at all?”
10 Years After Lehman: Hubris
Pride and fall.
Tightening Tantrums, Cycle Highs And A Look Ahead To 2019
“From there, it’s about October’s large Quantitative Tightening impulse”.
Dollar Liquidity Dynamics: An Epochal Shift Is Coming, One Bank Warns
“In this environment the infamous carry-trade will come under pressure and the misallocation of credit will be revealed.”