The Truth Behind Plunging Bond Yields: Largest Convexity Hedging Flow Since 2008 And Retreating HFTs
Self-feeding loops and modern market microstructure as gasoline on the fire.
Category: Markets
Marko Kolanovic: ‘More Than Half’ Of Recent Stock, Bond Moves Technically-Driven
“The market will likely continue to be dominated by disruptive tweets”.
Stocks Rise In New Week, But Surging Dollar Could Become Problematic
The combination of relatively tight Fed policy and a resilient dollar acts as a boa constrictor.
Boston Fed Chief Eric Rosengren Is A Man Suffering From A ‘Horrendous Lack Of Vision’
Eric doesn’t see the light.
It’s Going To ‘Feel Like A Recession’: One Bank Thinks The Die May Be Cast
“Those returning from summer holidays have had a bit of a shock”.
Turkey Ties Bank Reserve Requirements To Loan Growth, Lira Sinks
This is expected to release nearly $3 billion in liquidity to the market, according to a statement.
Nomura’s McElligott Sees Local ‘Vol-Killers’, Tailwinds For Near-Term ‘Crash-Up’
“Here we are now, with all of this ‘crash’ now increasingly likely to ‘bleed out'”.
German Stimulus Rumor Mill Kicks Into High Gear With Recession ‘Contingency Plan’ Report
If you ask nicely, Germany might be willing to spend a few billion.
As Ray Dalio Puts Recession Odds At 40%, Here’s A Chart Trio And A Message From Kudlow
Don’t be afraid to be happy.
