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Category: Markets

Albert Edwards: ‘Ludicrous’ To Assume Central Bank Liquidity Is ‘Compelled’ To Boost Stocks

April 23, 2020April 23, 2020

“Liquidity will flow into whatever momentum trade emerges as the winner.”

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6 Comments on Albert Edwards: ‘Ludicrous’ To Assume Central Bank Liquidity Is ‘Compelled’ To Boost Stocks

Collapse In Vol Of Vol Shows ‘Grab For Tails’ Out Of Steam, Nomura’s McElligott Says, As Stocks Try To Normalize

April 23, 2020April 23, 2020

“If you’ve learned anything post-crisis…”

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12 Comments on Collapse In Vol Of Vol Shows ‘Grab For Tails’ Out Of Steam, Nomura’s McElligott Says, As Stocks Try To Normalize

No Such Thing As Hyperbole As US PMIs Sprint Towards Cliff, Dive Off

April 23, 2020April 23, 2020

For the first time (maybe ever) it is literally impossible to overstate the scope of the malaise.

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2 Comments on No Such Thing As Hyperbole As US PMIs Sprint Towards Cliff, Dive Off

‘Less Than Half Of Working Age Americans Will Be Earning A Wage Next Month’, One Bank Warns

April 23, 2020

Another “sobering” stat and what it means for the political landscape.

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11 Comments on ‘Less Than Half Of Working Age Americans Will Be Earning A Wage Next Month’, One Bank Warns

America’s Unemployment Nightmare Continues As Virus Claims 26.5 Million Jobs

April 23, 2020April 23, 2020

Remember: These are people not numbers.

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Leave a Comment on America’s Unemployment Nightmare Continues As Virus Claims 26.5 Million Jobs

‘Worse Than That Thought Imaginable’: PMIs In Eurozone, UK Take A Turn For The Surreal

April 23, 2020April 23, 2020

“…output sometimes shrank into almost nothing.”

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Leave a Comment on ‘Worse Than That Thought Imaginable’: PMIs In Eurozone, UK Take A Turn For The Surreal

Breaking Down ‘The Biggest Global Bailout In History’

April 22, 2020April 23, 2020

“Whether the stimulus is remotely enough remains to be seen”.

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1 Comment on Breaking Down ‘The Biggest Global Bailout In History’

Meanwhile, Turkey Plays With Fire

April 22, 2020

The “or else” approach.

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1 Comment on Meanwhile, Turkey Plays With Fire

‘I Am An Oil Man’: How Long Before Jerome Powell Gets Into The Oil And Gas Business?

April 22, 2020April 22, 2020

“I have numerous concerns”…

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oil4 Comments on ‘I Am An Oil Man’: How Long Before Jerome Powell Gets Into The Oil And Gas Business?

Who’s Afraid Of Red Ink? COVID Crisis Spawns Bull Market In Deficit Fearmongering

April 22, 2020June 15, 2020

Ultimately, it’s up to you…

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19 Comments on Who’s Afraid Of Red Ink? COVID Crisis Spawns Bull Market In Deficit Fearmongering

Pots, Pans, Tank Tops, $88 Million In Losses And Negative $100 Oil

April 22, 2020April 22, 2020

“The world of negative prices doesn’t have a floor.”

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oil3 Comments on Pots, Pans, Tank Tops, $88 Million In Losses And Negative $100 Oil

‘Lights Out’: Oil And Gas ‘Suddenly Becomes A Hobby’

April 21, 2020April 21, 2020

We’ve entered a not-so-brave new world, that’s for sure. 

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oil, OPEC5 Comments on ‘Lights Out’: Oil And Gas ‘Suddenly Becomes A Hobby’

Marko Kolanovic Says S&P Will Be Back To Record Highs By Early Next Year. Here’s Why…

April 21, 2020April 21, 2020

“What is the right multiple given the unprecedented earnings hit, but also unprecedented monetary measures?

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In Surreal Oil Market, Nomura’s McElligott Asks: ‘What Is The Utility Of The Futures Contract Itself?’

April 21, 2020April 21, 2020

When abstraction collides with the tangible…

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oil, OPEC5 Comments on In Surreal Oil Market, Nomura’s McElligott Asks: ‘What Is The Utility Of The Futures Contract Itself?’

Oil-Crazy Retail Investors Maxed Out USO ETF In Likely Wrong-Headed Bet

April 21, 2020April 21, 2020

“Well the first thing you know ol’ Jed’s (not) a millionaire…”

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oil, OPEC7 Comments on Oil-Crazy Retail Investors Maxed Out USO ETF In Likely Wrong-Headed Bet

‘We’re Going To Hear About Crazy Losses’: Epic Oil Wipeout Poised To Ripple

April 21, 2020April 21, 2020

The historic wipeout in oil rolls on – figuratively and literally.

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oil, OPEC2 Comments on ‘We’re Going To Hear About Crazy Losses’: Epic Oil Wipeout Poised To Ripple

Ailing Despots, Flailing Authoritarians And Excruciating Exports

April 21, 2020April 21, 2020

“Newsflow has turned unsupportive”.

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4 Comments on Ailing Despots, Flailing Authoritarians And Excruciating Exports

‘Devastating’: Oil’s Epic Wipeout Begets A Sad Fatalism

April 20, 2020April 20, 2020

“This is a great time to buy oil”, the president added.

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oil, OPEC8 Comments on ‘Devastating’: Oil’s Epic Wipeout Begets A Sad Fatalism

Oil Falls 300%. Or Something. Is Less Than Worthless Now.

April 20, 2020April 20, 2020

“Incredible”.

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oil, OPEC7 Comments on Oil Falls 3007. Or Something. Is Less Than Worthless Now.

Shake Shack Tycoon Says You Can Have Your $10 Million Back, Since You’re Going To Whine About It

April 20, 2020April 20, 2020

“…we’ve decided to immediately return the entire $10 million PPP loan we received.”

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6 Comments on Shake Shack Tycoon Says You Can Have Your $10 Million Back, Since You’re Going To Whine About It

‘Hockey Stick’ Profit Dreams Were Shattered. Now Who Believes In ‘The Perfect V’?

April 20, 2020April 20, 2020

The “bottom line” – figuratively and literally.

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5 Comments on ‘Hockey Stick’ Profit Dreams Were Shattered. Now Who Believes In ‘The Perfect V’?

Oil Is All To Hell And ‘Negative Prices Are Possible’

April 20, 2020April 20, 2020

“Oil price is not like an equity price”.

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oil, OPEC3 Comments on Oil Is All To Hell And ‘Negative Prices Are Possible’

China Delivers Largest Cut Yet To De Facto Benchmark, But ‘More Easing Measures Are Needed’

April 19, 2020April 19, 2020

“…clearly more easing measures are needed”.

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1 Comment on China Delivers Largest Cut Yet To De Facto Benchmark, But ‘More Easing Measures Are Needed’

There Will Be Scars.

April 19, 2020April 20, 2020

But “there are believers out there.”

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3 Comments on There Will Be Scars.

In Bear Market Rally, Some Say They’ve Got It All Figured Out

April 19, 2020April 19, 2020

“Heads I win, tails you lose.”

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12 Comments on In Bear Market Rally, Some Say They’ve Got It All Figured Out

Pork Problems And The Great COVID Deflation/Inflation Debate

April 18, 2020

“The American food supply chain had to adapt, and it remains safe, secure, and strong.”

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5 Comments on Pork Problems And The Great COVID Deflation/Inflation Debate

Deutsche’s Kocic: The Last Two Months Show The Intrinsic Instability Of Our Entire Economic System

April 18, 2020April 18, 2020

“The truth is simple.”

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24 Comments on Deutsche’s Kocic: The Last Two Months Show The Intrinsic Instability Of Our Entire Economic System

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