By now, I doubt anyone needs to be reminded about “what could go wrong,” so
Category: Markets
‘Going Bananas’
There’s a “speculative frenzy sweeping Wall Street and world markets,” an overwrought Bloomberg headline trumpets.
Relatively Speaking
It’s getting pretty stretched out there in equity land, notwithstanding stocks’ “relative” value versus bonds
The Bank Of Japan At The End Of The Road
I doubt this needed underscoring, but just in case: Years of the easiest monetary policy
‘A Surge In Global Food Prices Could Trigger Social Unrest Everywhere,’ Albert Edwards Warns
Albert Edwards is worried about cereal. Specifically, whether you’ll be able to afford it going
‘Whoa’: Minerd, Bloomberg Interrupted Fed Coverage To Detail $400,000 Bitcoin Thesis
On Wednesday, Guggenheim’s Scott Minerd chatted with Bloomberg Television, as he’s wont to do, usually
Impact Of Tesla Inclusion On S&P Valuation Greatly Exaggerated, Goldman Says
I think it’s fair to say that market participants are obsessed with Tesla index inclusion.
Trouble In Philly
The latest read on jobless claims wasn’t the only piece of bad economic news in
Jobless Claims Surge Again As Sirens Blare In US Labor Market
In news that should surprise exactly nobody, initial jobless claims surged for a second week
Same Narratives. Also, Bitcoin!
A largely unchanged narrative greeted traders and investors Thursday as lawmakers in Washington pressed ahead
Fed Delivers A ‘Substantial’ Dose Of Almost Nothing At Year’s Final Meeting
Headed into the last FOMC meeting of the most tumultuous year in modern history, Fed
‘Morphing Into A Structural Shift’
For all the celebration (and simultaneous derision) around the Fed’s success in helping to drive
Optically Decent US PMIs Belie ‘Severe’ Supply Chain Disruptions, Lost Momentum
IHS Markit’s PMIs for the US seemingly ignored the virus surge and associated new lockdowns
Retail Sales Dive As Feared Consumer Retrenchment Becomes Reality
Retail sales, one of the few top-tier economic indicators to stage a quick “V-shaped” recovery
EUR-phoria
The euro was the story prior to the Fed on Wednesday, as the single currency
Harley Bassman Presents: A Model Portfolio – 2021
Come this time every year, I tend to publish a list of “Investments” that I
Cash Is Trash For Hyper-Bullish Fund Managers
Overall, the pile of “dry powder” parked in money market funds remains elevated, but a
Goldman’s Solomon, CNBC Serve Up Ready-Made IPO Bubble Punchlines
It’s not that the punchlines aren’t there. Rather, it’s that the punchlines are so obvious
A Half-Trillion In AUM Is The Second-Most ‘Optimistic’ Ever
With the exception of the post-tax cut melt-up in early 2018, “optimism,” defined as faith
A ‘Big Change’ In Hedging Focus. And Don’t Forget About Tesla
Every box was checked. The worst-case, “science fiction” election outcome didn’t play out, even as
Cooperation And Contacts
Mixed global markets reflected investor reticence Tuesday, as rates traders awaited the Fed and the
China’s Recovery Continued In November. PBoC Surprises With 950 Billion Liquidity Injection
Dust off the boilerplate China recovery copy. The world’s second-largest economy continued to perform in
The Tragic Irony Of America’s ‘Too Big To Fail’ Stock Market
Most of my days are spent digging around for interesting things to highlight, and in
Beware The ‘Post-War Hangover’ From Misguided Government Belt Tightening
What’s the biggest risk to the macroeconomic outlook in 2021 and beyond? To answer that
‘Just Because The Sun Is Out’
Markets looked poised to embrace a risk-on bent to start the new week, emboldened by
Front-Running Collective Irrationality
I have to tell you: What interests me isn’t always what “sells” for the financial
Let Me Off This ‘Wild Ride’: What To Expect From The Fed’s Last Meeting Of 2020
If the Fed wants to unveil plans to extend the average maturity of its ongoing
You must be logged in to post a comment.