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Category: Markets

‘A Massive, Years-Long Fraud’: SEC Makes Case Against Bankman-Fried

December 13, 2022December 19, 2022

“From at least May 2019 through November 2022, Bankman-Fried engaged in a scheme to defraud

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7 Comments on ‘A Massive, Years-Long Fraud’: SEC Makes Case Against Bankman-Fried

Here Are The Criminal Charges Against Sam Bankman-Fried

December 13, 2022December 14, 2022

“From at least in or about 2019, up to and including in or about November

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7 Comments on Here Are The Criminal Charges Against Sam Bankman-Fried

Record 90% Of Fund Managers Say Inflation Has Peaked

December 13, 2022December 13, 2022

Global growth expectations might’ve bottomed this month among fund managers. That’s according to the December

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1 Comment on Record 90% Of Fund Managers Say Inflation Has Peaked

Samuel Bankman-Fried Is Under Arrest

December 12, 2022December 13, 2022

“Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the US Government,”

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11 Comments on Samuel Bankman-Fried Is Under Arrest

Kolanovic Goes Underweight Stocks, Warns Of ‘Potential Risk Event’

December 12, 2022December 13, 2022

Late last month, JPMorgan’s Marko Kolanovic said that by this time next year, central banks

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Central Banks Set For 225 Basis Point Hiking Flourish

December 11, 2022December 12, 2022

The December FOMC meeting is the marquee event this week, but Jerome Powell won’t be

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Fed Finale: What To Expect From 2022’s Last Meeting

December 11, 2022December 14, 2022

This time last year, the Fed was busy disavowing “transitory” as a description of the

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4 Comments on Fed Finale: What To Expect From 2022’s Last Meeting

Is The Fed Trying Hard Enough?

December 10, 2022December 12, 2022

Rates aren’t high enough yet. If you like tautologies, that’s the best way to explain

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2 Comments on Is The Fed Trying Hard Enough?

JPMorgan Ponders ‘Armageddon’ Scenario

December 10, 2022December 19, 2022

“Pause is not enough.” That’s one of four possible macro scenarios included in JPMorgan’s 2023

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4 Comments on JPMorgan Ponders ‘Armageddon’ Scenario

Goldman’s Clients Fear ‘More Bearish’ 2023

December 10, 2022December 11, 2022

Goldman’s clients — some of them, at least — are more pessimistic about equities in

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1 Comment on Goldman’s Clients Fear ‘More Bearish’ 2023

Will The Fed Give Up On 2% Inflation?

December 9, 2022December 17, 2022

Fed officials have uniformly rejected the notion that it may ultimately be impossible to restore

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25 Comments on Will The Fed Give Up On 225 Inflation?

Upbeat. But Not Really

December 9, 2022December 11, 2022

The last of this week’s sparse US economic data was mercifully upbeat. Or as upbeat

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‘Sell The Last Hike’

December 9, 2022December 15, 2022

It’s fair to say markets are obsessed with the idea that the last Fed hike

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2 Comments on ‘Sell The Last Hike’

‘The Spirits Are Down’

December 8, 2022December 10, 2022

A handful of headlines sounded promising on Thursday, but by and large, they belied recycled

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7 Comments on ‘The Spirits Are Down’

‘Capitulation Events’ And ‘Nightmare Scenarios’

December 7, 2022December 8, 2022

The rates-driven, valuation compression stage of the bear market may be mostly behind us assuming

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5 Comments on ‘Capitulation Events’ And ‘Nightmare Scenarios’

Press Pause

December 7, 2022December 8, 2022

Rate hikes from developed market central banks continued on Wednesday. Admittedly, we might’ve passed the

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Goodbye ‘COVID Zero’

December 7, 2022December 13, 2022

China eased COVID restrictions on Wednesday. Again. Amid a rapid rollback of testing requirements across

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1 Comment on Goodbye ‘COVID Zero’

Smoke Signals And Fantasy Worlds

December 6, 2022December 7, 2022

The Fed is planning to hike rates beyond 5% in 2023 and company analysts are

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7 Comments on Smoke Signals And Fantasy Worlds

This Ain’t Over: Macro Discomfort Returns For The Holidays

December 6, 2022December 7, 2022

Muted markets and subdued sentiment looked more like visible discomfort by noon on Wall Street

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2 Comments on This Ain’t Over: Macro Discomfort Returns For The Holidays

Dimon On Crypto, Hurricanes And Cups ‘Runneth Over’

December 6, 2022December 13, 2022

Jamie Dimon has a lot on his mind. And Dimon’s mind isn’t something he’s shy

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Put ‘$5 Trillion’ In The Headline

December 6, 2022December 7, 2022

The holiday slowdown beckons. If you know what to look for, you can see it

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COVID Easing Versus Policy Tightening

December 6, 2022December 6, 2022

Markets were muted and sentiment subdued Tuesday, as news of incremental easing in China’s COVID

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4 Comments on COVID Easing Versus Policy Tightening

Reversal Shocks

December 5, 2022December 6, 2022

Notwithstanding a Monday bounce triggered at least in part by a robust ISM services print

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2 Comments on Reversal Shocks

The Terrifying Case Of $65 Trillion In ‘Missing US Dollar Debt’

December 5, 2022December 20, 2022

“Off-balance sheet dollar debt may remain out of sight and out of mind, but only

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8 Comments on The Terrifying Case Of $65 Trillion In ‘Missing US Dollar Debt’

Grand Reopening?

December 5, 2022December 6, 2022

“COVID zero” in China is over. Not officially, and maybe not for good. But de

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3 Comments on Grand Reopening?

The Fed Keeps Proving Critics Right

December 4, 2022December 5, 2022

I try to give technocratic policymakers the benefit of the doubt. I really do. For

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It’s The Quiet Weeks That Get You

December 4, 2022December 9, 2022

The data docket is a bit sparse in the US this week, and Fed officials

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2 Comments on It’s The Quiet Weeks That Get You

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