The Fed kept rates on hold as expected Wednesday. Notwithstanding the exhortations of Bill Dudley
Category: Markets
Japan Braves Another Rate Hike
Well, they did it: The Bank of Japan hiked rates for the second time in
‘Inline Is Not Good Enough’: Microsoft’s ‘Solid’ Quarter Scrutinized
Microsoft reported overall sales and cloud revenue that basically matched estimates on Tuesday afternoon in
Wilson Sticks To Big-Cap Bias Amid History-Making Small-Cap Rally
The dramatic rotations in US equities witnessed over the past couple of weeks are primarily
About China’s Silly Bond Bubble
China has a bond bubble on its hands. I’m not sure how interesting that is
What Not To Expect From The July FOMC Meeting
With apologies to Bill Dudley, the Fed isn’t going to cut rates this week. Dudley
Who’s Afraid Of The Big, Bad Tech Mini-Correction?
It says a lot about market psychology, and maybe even more about the generational composition
What The Vol Shock Hath Wrought
A couple of days ago, I noted that the reset higher in vol surely meant
Dog Days, August Bears
If you think flows, liquidity, market depth and positioning matter, the outlook for US equities
Return Of Yen-Sanity Sparks Chaos
The yen. It’s never complicated, but somehow it never ceases to confound. If it seems
Wall Street’s Worst Day Of 2024 Could Be The Start Of Something
The Nasdaq 100 just had a very, very bad day. July 24 counted as the
Why Bill Dudley’s ‘Cut Rates Now’ Call Is A Non-Starter
You can’t say Bill Dudley wasn’t direct. “I changed my mind,” Dudley said Wednesday. “The
Alphabet, Tesla Kick Off Magnificent 7 Earnings
Two of America’s vaunted “tech” septet reported quarterly results after the bell on Tuesday. Three
Remember: Markets Prefer Gridlock
Remember: Gridlock’s good. Or at least for markets. Over the last several weeks, which is
Small-Cap Black Swan Not Likely Sustainable, Wilson Says
Morgan Stanley’s Mike Wilson doesn’t sound especially enthusiastic about the historic rotation to small-caps. A
US GDP, Inflation Update Eyed Through Political Storm
The data docket’s crowded in the US this week, when traders and investors will contend
‘Epic’ Market Reversal Can Persist, Goldman Says
It was easy to miss, buried as it was under an avalanche of domestic political
Can The Tech Selloff Continue?
I spent a fair amount of time in recent days editorializing around the burgeoning tech
US Stocks Just Saw Their Fourth-Largest Inflow Ever
If you’re keeping track at home — and who isn’t, right? — US equities just
‘Bad Stuff Happens’: Albert Edwards Dreams Of A Tech Crash
Is the Nasdaq about to “crash”? No. I suppose the answer depends on your definition
‘Wide Open’
The July ECB meeting was a non-event. I know everyone was on tenterhooks. That latter
When The Chips Are Down
The chips were down on Wednesday. Literally. Semiconductors were summarily shellacked following a Bloomberg report
‘Geopolitical Conflict’ Is Top Worry For Fund Managers
For the first time in six months, higher inflation and the monetary policy implications of
In US Equities: Regime Change Or Positioning Squeeze?
The rotation hype escalated on Tuesday, when US small-caps yet again stole the show. I’ve
Melt-Ups, Crash-Downs And Close Calls
If you’re curious, the realization of a latent, mechanical equities bid from vol control cohorts
BofA’s Equities Business Stands Out Again. NII To Rise In H2
Net interest income at Bank of America slipped on a YoY basis for the second
Pointless Powell Cameo Produces Nothing Of Substance
A series of benign reads on price growth in the US added incrementally to the
You must be logged in to post a comment.