The world is changing. Nobody knows that better than Cathie Wood. Wood’s meteoric rise was
Category: Markets
Crypto End Game Goes Through DeFi’s Black Box
An already dire situation in the cryptoverse took another ominous turn Saturday, when Bitcoin dropped
‘It’s Not Inevitable’
However things turned out during Friday’s US session, this week was destined for inscription in
Breaking The Bank Of Japan? It Won’t Be Easy
“It’s not appropriate to tighten policy now.” That quote, from Haruhiko Kuroda, summarizes Friday’s uneventful
Beware The Credit Canaries
When asked to identify “the most likely reason” for a prospective pause in the Fed’s
Bear With Me
Yesterday’s “the Fed is getting on top of inflation” was today’s “the Fed is struggling
SNB ‘Bombshell’ Could Open Pandora’s Box
If you had “SNB hike” on your bingo card this week, congratulations. The Swiss National
A Hopeless, Hapless BoE Hikes Rates Again As Downturn Looms
The Bank of England hiked rates for a fifth consecutive meeting on Thursday, in line
‘Failure Isn’t An Option’: Powell Says Fed To Prevail Over Inflation
“Clearly, this is an unusually large” rate hike, Jerome Powell said, while speaking to the
Fed Hikes Rates Most Since 1994 In Dramatic Mea Culpa
The Fed hiked rates by the most since 1994 on Wednesday, in a decision that
Everywhere You Look, Markets Are Breaking
Traders are learning to live with outsized moves and pervasive cross-asset volatility. Or, if they
ECB Panics Four Business Days After Confirming Policy Pivot
The ECB has seen enough. Already. Just four business days after confirming the imminent onset
Coinbase Is Losing A Few Team Members
If it seems like less than two weeks ago when Coinbase’s Chief People Officer, L.J.
What Could Force A Fed Pivot? $800 Billion Sees Five Catalysts
The “Bostic pause” story was a cruel canard. That much is now clear. In a
US Producer Prices Notch Sixth Straight Double-Digit Increase
US producer prices rose at a double-digit 12-month rate for a sixth consecutive month in
Fed Spiral: 50 Was The New 25. Now 75 Is The New 50
75bps Fed hike increments would’ve sounded positively ludicrous a mere six months ago. Now, they’re
Sentiment ‘Dire’ As Growth Outlook Collapses In Key Investor Survey
Global growth optimism fell to its lowest levels on record and sentiment is “dire.” That’s
Markets Brace For Impact As Fed Whisperer Tips 75
Headed into the new week, I suggested on multiple occasions that the market was on
The Crypto Universe Is Imploding
Bitcoin, and cryptocurrencies more generally, were in all kinds of trouble at the beginning of
Kolanovic Says Rates ‘Went Too Far,’ Fed May ‘Surprise Dovishly’
“We believe rates market repricing went too far and the Fed will surprise dovishly relative
‘That Light At Tunnel’s End Was Actually A Train’
“Now, [it’s] clear that light at the end of the tunnel was actually an oncoming
Crisis-Battered Bank Of England Stares Into Dark Abyss
The UK economy shrank in April from the prior month, data out Monday showed. It
Panic Returns To Markets As Fed Fears Crescendo
Risk sentiment was severely impaired Monday, when acute angst about the outlook for Fed policy
Volcker Or Bust: What To Expect From June’s Fed Meeting
The June FOMC meeting will dominate the news reel this week. Let’s be clear about
Euro Fragmentation Demons Haunt ECB’s Rate Hike Dreams
Time and again over the past several years, I’ve suggested that absent the ECB backstop,
You Still Owe The Fed $38.6 Trillion
Let’s start with a simple premise: The Fed now realizes that the massive windfall from
The Math Just Doesn’t Work For US Stocks
It’s still not a real selloff. US equities suffered their second worst week of a

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