“It sounds quite radical”.
Attack The Peg? Trump Administration Ponders Nuclear Option For Hong Kong Retaliation
“We are looking at numerous different things”.
Picture Perfect: The Fed Gets ‘Exactly What It Wants’
“The Fed must be happy”, TD’s Priya Misra said this week. “Well, at least pleased
Pause For Reset
It’s not surprising to see a bit of a regime flip, if only for a day.
Meanwhile, In The UK: Retail Apocalypse, Record Deficit, Negative Rates And A Possible ‘Pound’ing
“We may be in an era where financial markets have become desensitized to big percentages, but…”
Meanwhile, In Turkey…
Of “foiled” plots and valuable, gas-rich allies.
Meanwhile, Turkey Careens Into Currency Crisis As Erdogan ‘Declares War’ On Citi, UBS, BNP
“…a hugely damaging move.”
‘Trade War 2.0’ And The Empty Optimism Toothpaste Tube
“…potential negative surprises.”
‘There’s No Such Thing As A Free Market.’ Imagine A Future Where Asset Prices Are Administered
Call it a requiem. Or a pseudo-lament. Or maybe just an obituary dressed up as
Have We Seen The Worst Of The Dollar Delirium? Asking For The Entire World
One more time: It’s much safer out there when the dollar isn’t going vertical.
Fed Answers Market SOS, Expands Dollar Swap Lines In Crucial Move Amid FX Chaos
The new facilities will be in place for “at least six months”, the Fed said Thursday.
Mar-A-Lago Accord, Untradeable FX And The Dangers Of Shutting Markets
“FX remains untradeable”.
‘A Massive Margin Call On The Whole Financial Asset Rally Since 2010’
“The moves smack of massive de-leveraging and a run into dollar cash”.
Governments are under pressure to do something – anything.
All In. Limit Down.
“The Fed has likely fired off its last bazooka.”
New Zealand Delivers Big Rate Cut, Commits To 12 Months Near Zero, Says QE May Be Next
We are now firing the last bullets. And we’re shooting at a pathogen.Â
S&P Futures Limit-Up In ‘Classic Bear Market Rally’ As Stimulus Hopes Abound
“In our view this is a classic bear market rally”.
‘Excessive And One-Sided’: Crisis Rolls On With FX Flash Crashes, Plunging Yields, Bloodbath In Japan
Everyone knew Monday morning would be remarkable. The market didn’t disappoint.
Analysts Warn Of ‘VaR Implosion’, ‘Full-Blown Crisis’ As New Week Dawns With S&P Futures Limit-Down
Fragile. Handle with care.
‘Defining Moment’ For Markets As BoJ Kicks Off Central Bank Response After Dire Weekend News Flow
“Be prepared and dust off the crisis playbook”.
Nobody Say ‘Spanish Flu’
“…complex interconnected systems greatly increase underlying risks.”
‘The World Is Getting Spooky’: Risk Assets Start New Week On Shaky Ground
The market hates uncertainty…
Yen-Sanity. Dollar Delirium.
It’s dizzying, to say the least.