Last year was bad for bonds. In fact, we can call 2022 anomalously poor. If
Category: Markets
‘Investors’
“Investors,” we were told Monday, are curbing their outlook for equities following an “unexpectedly” buoyant
All Tech? Sure. All A.I.? Perhaps Not.
The concentrated market narrative continues to resonate. Although I’ve endeavored to emphasize that a narrow
2023 In 500 Words
Many investors (I dare say a preponderance or at least a plurality assuming the existence
Xi Shuffles PBoC Functionaries As Yuan Slides, Stocks Struggle
Yi Gang is a lame duck. China this weekend named SAFE frontman and “three red
Fear The Narrow Tech Bull?
We tend to get bent out of shape and otherwise pretend it’s an affront to
James Bond Geopolitics Fail To Stir Somnolent Summer Market
It feels like there’s a lot going on these days. In part, that’s because there
Retail Investor Euphoria May Be Fading
Some of the retail euphoria which helped push US equities into bull market territory may
The Paradoxical Legacy Of 2023’s US Banking Crisis
Was America’s regional banking crisis a tempest in a teapot? (And yes, the Jamie Dimon
Markets Increasingly Disconnected From Macro On Soft Landing Odds
Equities are increasingly priced for a soft landing. You can look at that one of
Mike Wilson Will Make Bears Of You Yet
There’s a “vigorous debate” going on right now around the outlook for equities, and particularly
Kolanovic, JPMorgan See Stormy Seas For Frothy Equity Market
Rally skeptics abound as the second half of what already counts as another extraordinary year
Fortune And Glory
US equities are expensive, and the “Magnificent 7” even more so. Those observations are hopelessly
Did Bulls Just Lose Their Best Friend?
Positioning isn’t necessarily your friend anymore if you’re a bull. Equities benefited immensely in May
‘PMs Should Consider Hedging,’ Goldman Says, Amid Signs Of Exuberance
Two weeks ago, Goldman’s David Kostin raised his price target for the S&P to 4,500
Menaced By Intractable Inflation, Bank Of England Escalates
On the heels of another disastrous inflation report, the Bank of England reescalated its hiking
2000 Here We Come?
“This is a very low probability event.” So said SocGen’s Manish Kabra of a prospective
Bearish. Ceteris Paribus, Of Course
Even if Treasury’s cash rebuild ends up funded primarily through RRP transformation, the liquidity backdrop
‘Outright Bullish’ Investors May Get ‘Rude Awakening,’ Bear Warns
“Investor sentiment and positioning has turned 180 degrees,” Morgan Stanley’s Mike Wilson said Tuesday, as
Markets Want Adrenaline Shot For China. Now
Dribs and drabs. The PBoC is easing in dribs and drabs. Once China cut rates
Who’s Buying The Next Round?
I’ve suggested again and again over the past week or two that the fate of
Why Markets Doubt The Fed’s Hawkish Posturing
The market doubts seriously the notion that the Fed will be willing and able to
Why The Bears Were Wrong
Why were the bears wrong on equities (and particularly on US equities) during the first
Laughing In The Face Of Danger
More than $22 billion flowed into global stock funds over the latest weekly reporting period,
ECB Not Considering Pause, Lagarde Says, After June Hike
Inflation has been “coming down” in Europe. That’s the good news. The bad news: It’s
Dotting The I
“We didn’t make a decision about July. Of course it came up from time to
Aggressively Hawkish Dots Should Overshadow Fed Pause
The Fed on Wednesday pressed the pause button on the most aggressive rate-hiking campaign in
You must be logged in to post a comment.