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Category: Markets

Bitcoin Nears $50,000 48 Hours After Taleb Calls It A ‘Failure’

February 14, 2021February 16, 2021

Bitcoin looked poised to hit $50,000 on Sunday because… well, to tell you truth, nobody

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20 Comments on Bitcoin Nears $50,000 48 Hours After Taleb Calls It A ‘Failure’

The Reality Behind Donald Trump’s Second Acquittal

February 13, 2021February 19, 2021

The Senate voted to acquit Donald Trump on Saturday, closing the book on one of

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22 Comments on The Reality Behind Donald Trump’s Second Acquittal

‘Epic, Extreme Analogs’ And Ostensibly Stingy Banks

February 13, 2021February 14, 2021

A dozen years of “money printing” and debt monetization created a lot of things, but

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4 Comments on ‘Epic, Extreme Analogs’ And Ostensibly Stingy Banks

What Virus? Corporate Profits Surpassed Pre-Pandemic Levels In Q4

February 13, 2021February 19, 2021

The pandemic is over according to corporate earnings in the US. Or at least that’s

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1 Comment on What Virus? Corporate Profits Surpassed Pre-Pandemic Levels In Q4

Fine, But Who Will Make The Pizza?

February 12, 2021February 21, 2021

Now, I’ll write the article I meant to write at noon on Friday. Sometimes, when

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4 Comments on Fine, But Who Will Make The Pizza?

Gamblers

February 12, 2021February 21, 2021

Folks are worried about stock trading. Specifically, too much of it. A nebulous adage cautions

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11 Comments on Gamblers

Record Stock Inflows (Gibsons In The Bar Car)

February 12, 2021February 16, 2021

Is this the top you’re looking for? Maybe. Equities just witnessed their largest inflow on

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4 Comments on Record Stock Inflows (Gibsons In The Bar Car)

People Without Money Worried About Finances, Data Reveals

February 12, 2021February 13, 2021

Consumer sentiment disappointed expectations in Friday’s only notable economic data release. This isn’t surprising considering

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6 Comments on People Without Money Worried About Finances, Data Reveals

Who Needs Free Candy?

February 12, 2021February 12, 2021

Global equities (figure below) will be happy to see the curtain close on this week,

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7 Comments on Who Needs Free Candy?

Bumble’s Billions And Tilray’s Finest

February 11, 2021February 12, 2021

I don’t remember when it was. A few months ago, maybe. Sometime before I decided

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4 Comments on Bumble’s Billions And Tilray’s Finest

Regulators Eye GameStop Fiasco In Multi-Agency Probe

February 11, 2021February 17, 2021

Soon, America will be subjected to congressional hearings on the GameStop saga, apparently featuring a

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2 Comments on Regulators Eye GameStop Fiasco In Multi-Agency Probe

The Children Are Starving

February 11, 2021February 13, 2021

On behalf of the millions of children currently living in poverty in the US, allow

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13 Comments on The Children Are Starving

Nomura’s McElligott: This Is ‘The BIG Thing We Need To Watch For’

February 11, 2021February 12, 2021

Investors are increasingly prone to grabbing for upside index exposure. It was cheap (previously, folks

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3 Comments on Nomura’s McElligott: This Is ‘The BIG Thing We Need To Watch For’

Jobless Claims Higher Than ‘Expected’ Because Deep, Dark Recession

February 11, 2021February 14, 2021

793,000 Americans filed for unemployment benefits last week, more than expected. The last three weeks

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1 Comment on Jobless Claims Higher Than ‘Expected’ Because Deep, Dark Recession

It Is What It Is, Apparently

February 11, 2021February 11, 2021

Equities were “broadly neutral” with the rally “on hold,” one headline read early Thursday. Implicit

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4 Comments on It Is What It Is, Apparently

Thanks, Tesla. Corporate America Grapples With Balance Sheet Bitcoin

February 10, 2021February 18, 2021

“You’re going to see every company in America do the same thing,” Mike Novogratz told

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1 Comment on Thanks, Tesla. Corporate America Grapples With Balance Sheet Bitcoin

JPMorgan Sees New Commodity Supercycle

February 10, 2021February 11, 2021

Late last month, JPMorgan’s Marko Kolanovic warned on a possible tail risk associated with what

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Realized Inflation Disconnected From Reflation Trade

February 10, 2021February 11, 2021

One ongoing debate amid the reflationary impulse that’s driven breakevens to multi-year highs and buoyed

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4 Comments on Realized Inflation Disconnected From Reflation Trade

China’s Pandemic Rebound Belies Two-Track Recovery

February 10, 2021February 10, 2021

Most “regular” (and I don’t have a concrete definition of that) market participants likely didn’t

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Leave a Comment on China’s Pandemic Rebound Belies Two-Track Recovery

Bloombergian Bubbles

February 10, 2021February 10, 2021

An eight-day rally in global equities marched on Wednesday, as investors continued to follow the

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5 Comments on Bloombergian Bubbles

Wanted: Cheap And Volatile

February 9, 2021February 10, 2021

GameStop and some of its Reddit-fueled compatriots may have collapsed, but that hasn’t necessarily derailed

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Leave a Comment on Wanted: Cheap And Volatile

Sam Zell Goes On CNBC, Irritates America, Runs Out Of Zoom Minutes

February 9, 2021February 10, 2021

Do we not know what they’re going to say? When you invite “brand names” —

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4 Comments on Sam Zell Goes On CNBC, Irritates America, Runs Out Of Zoom Minutes

US Junk Bond Market Becomes Oxymoron

February 9, 2021February 14, 2021

It’s hard to know what a “milestone” is these days, mostly because we seem to

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3 Comments on US Junk Bond Market Becomes Oxymoron

Fun Times, Funny Business

February 9, 2021February 11, 2021

Risk sentiment cooled a bit Tuesday on the heels of a six-session rally on Wall

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17 Comments on Fun Times, Funny Business

iExchange? One Bank’s Plan For Apple’s Crypto Future

February 8, 2021February 9, 2021

Meanwhile, from the “why not?” files. On a day when Tesla disclosed a $1.5 billion

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8 Comments on iExchange? One Bank’s Plan For Apple’s Crypto Future

Tesla’s Balance Sheet Not Volatile Enough. Needs Bitcoin, Musk Reckons

February 8, 2021February 15, 2021

A few days back, while commenting on an article that documented Elon Musks’s increasingly outlandish

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18 Comments on Tesla’s Balance Sheet Not Volatile Enough. Needs Bitcoin, Musk Reckons

General Roaring Kitty And The Road Back To Reality

February 8, 2021February 16, 2021

I’m already laughing. It’s hard not to. Each and every time I set about writing

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3 Comments on General Roaring Kitty And The Road Back To Reality

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