Marko Kolanovic Makes Big Call Amid Oil Spike: ‘The New XIV Trade Is Unwinding’
“These trades worked well until the rotation started, and now are in the early stages of a collapse”.
Advertisements
Category: CTA
Nomura’s McElligott Weighs In On Monday Mayhem: ‘Never Get Caught Short Gamma In August’
Markets could be in for a messy couple of days.
Nomura’s Charlie McElligott Explains Why Stocks Can’t Seem To ‘Really Sell Off’
Obviously, the macro narrative is a train wreck, but…
Nomura’s Charlie McElligott Recaps Critical Market Dynamics, Macro Themes In Sweeping New Interview
Around the world and back again.
Is Negative Convexity Risk ‘Flashing Red’?
Spoiler alert: “Not yet”.
Nomura’s McElligott: ‘Carry Mania’ Is Back As Central Bank Vol. Suppression Returns ‘With A Vengeance’
“It all comes down to the renewed ‘Carry is King’ worldview in light of central banks being scared of their own shadows.”
Nomura’s McElligott Talks ‘Now Or Never’ Moments, Surging Rates Vol. And April Analogs
“Thus, the pullback window has to happen now.”
Nomura’s McElligott On ‘QE-Lite’, Friday’s Rout And, Of Course, CTA ‘Trigger’ Levels
“Back in the bond-buying business”.
Now Vindicated, Marko Kolanovic Explains Dramatic Market U-Turn
“… the answer to all of these questions lies in market liquidity.”
‘Perhaps That’s The Joke Here’: Nomura’s McElligott Wonders If The Fed Meeting Really Poses An ‘Event Risk’
“…with a Fed which has completely gone limp.”
Nomura’s McElligott: ‘The Window For A Pullback Has Opened’
But there’s a caveat…