All eyes were once again on the rates complex Thursday, as traders and investors of
Category: Markets
Oil In Focus As ‘Dry’ Cushing Prompts Hand-Wringing
There was talk of a “toxic cocktail” on Thursday amid elevated bond yields and a
Marko Kolanovic Conjures 2008 Crash With Striking Reprint
The market is likely to be “more volatile” in the near-term, and the risk-reward in
How Sustainable Is The Stock Selloff? McElligott Answers
How sustainable is the nascent correction in US equities? At the fundamental level, a lot
The Stocks Are Broken
If you’re a Fed official and your “higher for longer” message is already resonating, it’s
Dimon, Debt And Impossible Math
Jamie Dimon was in the news on Tuesday for the not-exactly-groundbreaking observation that Fed funds
Bond Bears Revel In Worsening Long-End Selloff
This week’s earliest price action underscored the peril inherent in leaning long duration into a
‘Stocks Have Taken On A Different Personality,’ Mike Wilson Says
“Stocks have taken on a different personality” since the end of Q2 earnings season, Morgan
China Meltdown Worries Resurface With Evergrande Restructuring In Doubt
China’s property developers were back in the spotlight Monday, where that means they were shot
What If Bonds Don’t Rally In A Recession?
“Relentless” is probably too strong, so I’ll use “persistent” instead. Given the persistent rise in
Triple-Digit Oil Calls Suggest Floor Under Energy Stocks
Goldman’s clients are asking about oil prices, and particularly about the read-through of recent increases
Bill Ackman’s Bombastic Bond Short
This is the part where I’m supposed to tell you US bond yields are destined
Fade The Fed?
“We continue to see five- to 10-year real and nominal rates as attractive, but markets
The Primary Objective
Through trial and, hopefully, not too much error, the Fed will discover what degree of
Fed Leaves Door Open To Additional Hike. Signals Fewer 2024 Cuts
The Fed on Wednesday kept rates on hold but left the door open to one
A Word On Savita Subramanian’s New, Bullish S&P Target
Pretty much every week, someone writes in to ask about the alleged disparity between the
Fed Should Look In The Mirror For R-Star Clues
If the Fed’s searching for clues about what drives shifts in the market’s perception of
Mike Wilson Likes Energy Stocks
Is it late-cycle? Does a hard landing loom? Or is the US economy on the
Goldman Says Buy VIX Calls. ‘Major Market Corrections’ Occur In October
If you see a “major market correction” next month, it may not be a coincidence.
What To Expect From The September FOMC Meeting
Obviously, the Fed intends to keep rates on hold at this week’s policy gathering. Several
Hard Landing Harbingers
“Ignore the signal at your own risk.” That was the stark warning from Cam Harvey,
Stocks Enjoy Largest Inflows In 18 Months. But There’s A Caveat…
On Friday, a trader told one financial media outlet that the bull case for equities
ECB Braves One Final Hike As Forecasts Show Rising Stagflation Risk
The ECB on Thursday raised rates for a 10th time, in what was likely the
China Delivers RRR Cut In Latest Bid To Resuscitate Economy
“The economy continues to recover and its internal driver keeps strengthening.” That’s according to the
‘What Could Go Wrong?’ Charts
It’s a long story, but I have a deeply ingrained aversion to what I call
SocGen Sees S&P Returning To Highs, Then Falling Sharply
If you ask SocGen’s Manish Kabra, US stocks may fall 15-20%. But not until they
Underperforming Cash, ‘Splattered’ Vol
Fed hikes made cash great again. (Please don’t send me any novelty red hats.) From
