‘Is This The End Of The Central Bank Put’?

It may be time to question your religion.


David Stockman: Last Week Wasn’t An Error

“Last week’s twin 1,000 point plunges on the Dow were not errors.”

Final Curtain? Full Week Ahead Preview

Is this it?

One Bank Says We’ve Been Placed In A ‘Correctional Facility’

Welcome to Friday.

Or at least that’s what it feels like.

Trader: Here’s What Central Banks Won’t Do

“I am 99.90 bid the 0.10%’s of 27.”

“OK, paying 90. For how many?”


‘Significant Shrinkage’

“I don’t believe that for one second.”

Trader: ‘The Path For All Fiat Currencies Is Clear’

“…never in modern financial history has a Central Bank expanded its balance sheet through quantitative easing and then successfully shrunk it back down.”

Trader: ‘The Next Great Crisis Will Be Caused By This’

“The next great crisis will be caused by Central Bankers not realizing that all this monetary fuel they have pumped into the system has finally ignited, and like a bonfire that gets out of control, they have no way of extinguishing it.”

Buckle Up, We Need You: Full Week Ahead Preview

This should be interesting.

Don’t Kid Yourself: ‘No One Knows How This Will Play Out’

“Therefore, 2018 has the potential to be a substantial tipping point in the supply/demand dynamic.”

Pick Your Poison: These 4 Things Could ‘Pop The Central Bank Bubble’

Here we sit, barely two weeks into the new year, and guess what? Risk assets have already blown through some analysts’ full-year projections, with both equities and HY (for instance) rallying further than some of the less sanguine (yet still optimistic) year-end 2018 targets.

David Stockman: Here’s Why This Time Is Different

“But that’s not the half of it: Those massive buys were accompanied by a giant amplifier in the form of front-running speculators and arbitragers who hang around the casinos.”

One Bank Reveals 7 Key Calls For The New Year

But for those interested in trying to “DO SOMETHING” (as opposed to just kicking back and being “actively” passive)…

‘Scary And Uncharted Territory’: We’re Gonna Need More Cowbell

“We know QE as the source of all good in financial markets”…

Epsilon Theory’s Latest: The Three-Body Problem

“There is a non-trivial chance that structural changes in our social worlds of politics and markets have made it impossible to identify predictive/ derivative patterns.”