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Category: Markets

Jamie Dimon Doesn’t Know What It Means To ‘Hustle’

June 1, 2021June 2, 2021

I try to stay above the proverbial fray. For four years, I dabbled in social

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10 Comments on Jamie Dimon Doesn’t Know What It Means To ‘Hustle’

A Familiar Tale

June 1, 2021June 2, 2021

ISM manufacturing came in stronger than expected for May, while price pressures appeared to come

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Something About The Best Laid Plans

June 1, 2021June 1, 2021

Sentiment seemed upbeat as June dawned, underpinned by expectations for a summer defined by robust

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1 Comment on Something About The Best Laid Plans

The Case For Ethereum

May 31, 2021June 5, 2021

While ETH and BTC seemingly aim to solve different problems – one can view ETH

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16 Comments on The Case For Ethereum

Why Bother?

May 31, 2021June 7, 2021

Just in case it wasn’t clear enough, the OECD on Monday reminded the world that

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3 Comments on Why Bother?

Beijing Has Seen Enough Yuan Appreciation

May 31, 2021June 1, 2021

China has seen enough yuan appreciation. On the heels of a virtually uninterrupted rally, the

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1 Comment on Beijing Has Seen Enough Yuan Appreciation

Smooth Lines

May 30, 2021June 2, 2021

In the week ahead, traders will be keen to parse May payrolls for clues as

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1 Comment on Smooth Lines

The Reality Of Distorted ‘Expectations’

May 30, 2021June 6, 2021

Is the inflation narrative about to lose traction? That’s a subject I broached (or, more

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7 Comments on The Reality Of Distorted ‘Expectations’

Can I Interest Your CFO In A Stablecoin Deposit?

May 29, 2021May 31, 2021

Bitcoin is volatile. That’s perhaps the only thing crypto proponents, detractors and everyone in-between can

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12 Comments on Can I Interest Your CFO In A Stablecoin Deposit?

A Rather Strange Place

May 29, 2021May 30, 2021

Another week went by and the title and subtitle atop my simple, daily chart of

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4 Comments on A Rather Strange Place

Slow Motion, Flow Motion

May 28, 2021June 1, 2021

US equities managed a weekly (and monthly) gain as Americans looked forward to a long

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2 Comments on Slow Motion, Flow Motion

Spontaneous Combustion

May 28, 2021May 29, 2021

Consumers are “spontaneously” referencing higher prices at a rate never before witnessed, according to the

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It’s Official: Erdogan Gets New Record Low For Lira

May 28, 2021May 29, 2021

It’s official: Recep Tayyip Erdogan succeeded in vaporizing all of the lira’s gains logged under

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Since 1992

May 28, 2021June 2, 2021

Personal incomes fell less than expected in April, data out Friday showed. Incomes dropped 13.1%

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4 Comments on Since 1992

Over-Egging The Pudding

May 28, 2021May 28, 2021

Here we go again with the stories. On Thursday afternoon, US equities were purportedly nervous

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1 Comment on Over-Egging The Pudding

It’s Too Late To Sell!

May 27, 2021May 28, 2021

It’s too late to sell! I’m just kidding. Or maybe not. It depends on who

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13 Comments on It’s Too Late To Sell!

Joe Biden’s Bajillion-Dollar Budget: How To Think About It

May 27, 2021June 2, 2021

For the next several days, the media (in general, not just financial portals) will be

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11 Comments on Joe Biden’s Bajillion-Dollar Budget: How To Think About It

What If Bitcoin Just Never Matters?

May 27, 2021June 4, 2021

When Ray Dalio told CoinDesk’s Chief Content Officer that he (Dalio) owns “some Bitcoin,” the

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5 Comments on What If Bitcoin Just Never Matters?

Data Plays Along As US Economy Looks For Summer ‘Boom’

May 27, 2021May 28, 2021

406,000 Americans filed for unemployment benefits last week, a fresh pandemic low and 38,000 fewer

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Elizabeth Warren, Jamie Dimon And The Shtick Trap

May 26, 2021June 1, 2021

I like Elizabeth Warren. And I think you should too, where “you” means the vast

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10 Comments on Elizabeth Warren, Jamie Dimon And The Shtick Trap

100%

May 26, 2021May 27, 2021

I’d venture this is a data point that lacks sufficient nuance, but I suppose it’s

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2 Comments on 1002

Albert Edwards: Market Is Blind To Deflationary Impulse From China

May 26, 2021May 27, 2021

Last weekend, in “Dairy Aisle,” I talked a bit about the nexus between market expectations,

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5 Comments on Albert Edwards: Market Is Blind To Deflationary Impulse From China

Commodities And Crypto (What Else?)

May 26, 2021May 26, 2021

Fresh headlines Wednesday underscored the notion that governments are keen to rein in commodity prices

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3 Comments on Commodities And Crypto (What Else?)

Tell Me A Story

May 25, 2021May 26, 2021

With the exception of sessions when the catalyst is obvious, “explanations” for a given day’s

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5 Comments on Tell Me A Story

Nomura’s McElligott Saw ‘Potentially Important Inflection’ This Week

May 25, 2021May 31, 2021

Early this week, vol markets witnessed “a potentially important inflection,” Nomura’s Charlie McElligott said, in

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2 Comments on Nomura’s McElligott Saw ‘Potentially Important Inflection’ This Week

US Consumers Less Giddy As Stimulus Wanes

May 25, 2021

Consumer confidence posted a slight miss for May on the Conference Board’s gauge, perhaps underscoring

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Oh, Housing, You’re Such A Conundrum

May 25, 2021June 3, 2021

New home sales for April came in well below expectations, the Census Bureau said Tuesday.

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7 Comments on Oh, Housing, You’re Such A Conundrum

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Monthly Letters

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