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Category: Markets

33.5 Million And Counting.

May 7, 2020May 7, 2020

…an ongoing, higher frequency reminder that the US economy is by no means out of the proverbial woods.

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4 Comments on 33.5 Million And Counting.

Nomura’s McElligott: Don’t Mistake Curve Steepening For Something It’s Not

May 7, 2020May 7, 2020

“Cash crunch issuance realities.”

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5 Comments on Nomura’s McElligott: Don’t Mistake Curve Steepening For Something It’s Not

Band-Aids For Earthquake Fissures.

May 7, 2020May 7, 2020

…the coordinated, global firefighting effort continues.

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Leave a Comment on Band-Aids For Earthquake Fissures.

More Than Half Of America’s Small Businesses May Be Gone By The Election. Literally.

May 6, 2020May 7, 2020

…teetering precariously on the precipice of oblivion.

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7 Comments on More Than Half Of America’s Small Businesses May Be Gone By The Election. Literally.

Larry Fink Terrified That Corporations May Be Asked To Pay Higher Taxes After Virus

May 6, 2020

But higher corporate taxes aren’t the only wraiths and phantasms floating around Larry’s tortured dreams.

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9 Comments on Larry Fink Terrified That Corporations May Be Asked To Pay Higher Taxes After Virus

‘I Exhort You To Do This’: It’s Desperation Time As America’s Beef Crisis Goes DEFCON Wendy’s

May 6, 2020May 6, 2020

Everyone knows people go to Wendy’s for the Frostys.

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10 Comments on ‘I Exhort You To Do This’: It’s Desperation Time As America’s Beef Crisis Goes DEFCON Wendy’s

With Stocks In ‘No Man’s Land,’ Nomura’s McElligott Delivers Summer Outlook, ‘Roadmap’ For Second Half

May 6, 2020May 6, 2020

The summer fade, and a possible bounce thereafter.

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9 Comments on With Stocks In ‘No Man’s Land,’ Nomura’s McElligott Delivers Summer Outlook, ‘Roadmap’ For Second Half

Goldman Previews Dystopian ‘Adjustment Mechanisms,’ Isn’t Worried About Inflation In Post-COVID Reality

May 6, 2020May 6, 2020

The good news is…

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Small And Midsized Businesses Wiped Out In April, Grim ADP Report Shows

May 6, 2020May 6, 2020

“Job losses of this scale are unprecedented.”

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No Evidence. And No, That Is Not A Misprint.

May 6, 2020May 6, 2020

“This matter should be handled by scientists.” Also, “there’s always a first time for everything.”

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6 Comments on No Evidence. And No, That Is Not A Misprint.

‘There’ll Be More Death’: Trump Admits Reopening Economy Will Cost Lives. Traders Get Short On China Worries

May 5, 2020May 5, 2020

“Will some people be affected? Yes. Will some people be affected badly? Yes.”

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8 Comments on ‘There’ll Be More Death’: Trump Admits Reopening Economy Will Cost Lives. Traders Get Short On China Worries

Harley Bassman Asks: ‘Where Is The Folder?’

May 5, 2020

“Forced to consider the latter, let us not make the same mistake with our investments.”

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11 Comments on Harley Bassman Asks: ‘Where Is The Folder?’

Farmer Sentiment Wipes Out All Trump-Era Gains In Stunning Two-Month Plunge

May 5, 2020May 5, 2020

Domino effect.

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10 Comments on Farmer Sentiment Wipes Out All Trump-Era Gains In Stunning Two-Month Plunge

Quick Look Under Hood Of ISM Services ‘Beat’ Shows This Car Has No Engine

May 5, 2020May 5, 2020

“COVID-19 has halted much of our standard work…”

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Is ECB QE Illegal? Asking For Germany

May 5, 2020

“The Bundesbank may thus no longer participate…”

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Freight Trains.

May 4, 2020May 5, 2020

Choose wisely.

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6 Comments on Freight Trains.

As US Gears Up To Borrow $3 Trillion In 3 Months, Here’s The Truth On Government Spending

May 4, 2020May 4, 2020

“Today, borrowing is voluntary, at least for countries with sovereign currencies.”

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28 Comments on As US Gears Up To Borrow $3 Trillion In 3 Months, Here’s The Truth On Government Spending

‘Trade War 2.0’ And The Empty Optimism Toothpaste Tube

May 4, 2020May 4, 2020

“…potential negative surprises.”

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4 Comments on ‘Trade War 2.0’ And The Empty Optimism Toothpaste Tube

Sell In May? Morgan’s Mike Wilson Says ‘No.’ Here’s Why…

May 4, 2020May 4, 2020

“In an era of sound bites and headlines, it’s easy to forget why one really owns stocks…”

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4 Comments on Sell In May? Morgan’s Mike Wilson Says ‘No.’ Here’s Why…

As Europe Wakes From Nightmare, Recovery To Be ‘Frustratingly Slow’

May 4, 2020May 4, 2020

“… businesses that are able to restart will be running at low capacity, and will be operating in an environment of greatly reduced demand.”

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Hong Kong Logs Deepest Economic Slump In History. Shares Have Worst First Day Of Month In 9 Years

May 4, 2020May 4, 2020

“We are deep into recession.”

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2 Comments on Hong Kong Logs Deepest Economic Slump In History. Shares Have Worst First Day Of Month In 9 Years

Bad Moon Rising?

May 3, 2020May 4, 2020

Don’t go ’round tonight…

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10 Comments on Bad Moon Rising?

Goldman: FAAMG Upside Now ‘Just 3%.’ Rest Of Market Has To Step Up

May 3, 2020May 3, 2020

“I’ll have the S&P 500. And waiter, ask the kitchen to hold the oligopoly.”

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7 Comments on Goldman: FAAMG Upside Now ‘Just 37.’ Rest Of Market Has To Step Up

The Fed May Have Already Saved Taxpayers $60 Billion In Averted Boeing Bailout

May 3, 2020May 3, 2020

Critics will be critics, though.

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4 Comments on The Fed May Have Already Saved Taxpayers $60 Billion In Averted Boeing Bailout

Saudi Stocks Plunge Third Most In 11 Years After Finance Minister Warns Of ‘Painful’ Adjustments

May 3, 2020May 3, 2020

“The kingdom hasn’t witnessed a crisis of this severity over the past decades.”

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1 Comment on Saudi Stocks Plunge Third Most In 11 Years After Finance Minister Warns Of ‘Painful’ Adjustments

‘What Am I, Some Kind Of Oracle?’: Local Hedge Fund Manager Loses $50 Billion In Three Months

May 2, 2020May 2, 2020

“Reply hazy, try again later”.

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5 Comments on ‘What Am I, Some Kind Of Oracle?’: Local Hedge Fund Manager Loses $50 Billion In Three Months

Royal Reckoning: Saudi Arabia Faces Daunting Reality After Crude Crash

May 2, 2020May 2, 2020

Nothing says this has to dead end in some kind of dramatic fiscal fiasco, but…

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oil11 Comments on Royal Reckoning: Saudi Arabia Faces Daunting Reality After Crude Crash

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