What The Hell Is Going On With The Largest IG Corporate Bond ETF?

Boy, I’ll tell you what: you people are yanking money out of bond funds like there’s no tomorrow.


50 Yards…

“Wow, dad.”

This Has Only Happened 3 Times Since 2012 (Banana Republic Edition)

Ok, so do you want to see something funny?

Look! A ‘Junk Stock VIX’

Looking for a new leading indicator? Here’s one candidate.

Are Junk ETFs About To Get Stress Tested As High Yield Cracks?

But remember, at some point people will start selling the underlying and that’s when shit gets really messy, especially if that selling ends up being prompted by massive outflows from the ETFs whose holders have no conception whatsoever of the underlying liquidity mismatch. 


Translation: this is not a drill, dammit.

The Good Old Days.

I remember when…

There’s Too Much To Lose!

“We’ve come too far!”

Money Laundering.

What to say about Tuesday? Well, a lot actually.

DACA Schoen: Full Week Ahead Preview

All eyes on (geo)politics. And Canada. Of course.

Kitchen Sink.

Everything but…

Sign Of The Times.

Well, in what we can only describe as a sign of the surreal times in which we live (and trade)…

Ignore That Raging Dumpster Fire.

Just try not to focus on that, ok?

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)…

How To Hedge The End Of The 100-Year Balanced Bull

Who’s afraid of a multi-asset drawdown catalyzed by a bond tantrum in 2018?