Hedge Fund Performance Anxiety And The Evergreen Case For Equity Upside
For weeks (and weeks), those arguing that the rally in equities had further to run despite a disconcerting flow ofContinue Reading
Category: Markets
Marco Rubio, Ted Cruz Incur Xi’s Wrath, While China Ponders Expansion Of Yuan’s Global Role
Just another day in the constantly worsening clash of the titans.
China In The Spotlight Amid Rising Tensions, Crucial Data, Burgeoning Stock Bubble
Let us hope that Peter Navarro’s comments to Fox News on Sunday aren’t indicative of what kind of week it’sContinue Reading
‘The Strength To Go On’
Both rates and equities are waking up to the reality of surging virus cases in the US and the likelyContinue Reading
False Dawns And Summer Doldrums
Market participants sleepily adrift or otherwise mired in the summer doldrums will be compelled to focus in the week aheadContinue Reading
The Final Leap: America’s Overlapping Crises May Make Fed Stock Buying Inevitable
“If you don’t think that the mechanical processes that have been worked out over the course of the past monthContinue Reading
‘Rationally Being Irrational’ (And The Second Half Playbook)
“…why would anyone expect markets to connect with macro?”
Deutsche’s Kocic On ‘5 Major Crises’ And ‘The Big Whipsaw Of 2020’
“Markets are not behaving in a conventional way, in any historical, traditional or logical metric even when one includes theContinue Reading
Goldman: In Downside, S&P 500 Profits Won’t Recover From Pandemic Until 2023
Don’t worry, the base case still looks like a “V”.
Nomura’s Charlie McElligott Talks Pandemic, Stocks, Bonds, Election In Sweeping Interview
“The entire professional investor universe is, in my mind, basically a momentum trader themselves”.
Lacy Hunt On Pandemic: Prepare For ‘Years’ Of Low Inflation, High Unemployment, Lackluster Growth
It’s going to be a while before things get back to any semblance of normal.
Looking Ahead To ‘The Poor Bank Redemption’
Is bank underperformance “a signal of no economic hope” and something “sinister”?
Zeitgeist Unchanged
The times may be a changin’, but the post-pandemic world has served to entrench familiar market dynamics.
From ‘Healthy Bull’ To ‘Mad Cow Meat Grinder’: China Engineers Selloff After $1 Trillion Run
“…and investors exclaimed ‘a bull market is coming!'”