What’s the definition of a “bubble” in the market context? That’s a question I’ve explored
Category: Markets
Paul Tudor Jones And The Celebrity Fixation
Do you ever wonder why we (as a society) care about celebrity endorsements? In a
Topic Du Jour
Headed into the June Fed meeting, analysts and strategists were keen to dissect last week’s
An Important Non-Event
Outside of the geopolitical realm, the June Fed meeting will get top billing this week,
Bitcoin And Donald Trump Have A Lot In Common
Time and again over the years, I’ve argued that the volatility associated with Bitcoin makes
Stars May Be Out Of Alignment For Market’s Favorite Trade
Hopefully, you don’t find yourself in the unenviable position of being forced to say, definitively,
Summers, Druckenmiller And Two People I’ve Never Heard Of
I suggested Friday that “incredulous” was probably too strong a word for how market participants
Back To Goldilocks?
I’d say you could feel the incredulity in the room, but I’d be lying. Months
The Biggest Risk To The Inflation Trade Is… Inflation?
The inflation trade is in jeopardy from… inflation. That’s one takeaway from the latest installment
For US Consumers, Inflation Woes Persist Despite Sentiment Bump
Fortunately for everyone other than headline writers, inflation expectations fell in the preliminary read on
Who Are America’s Real ‘Lazy Freeloaders?’
I’ve variously argued that to the extent imbalances in the labor market are the result
They’re Buying It
They’re buying it. Figuratively and literally. Global equities looked for a fourth consecutive weekly gain
Do You Feel $5 Trillion Richer Than You Were In December?
US households are $5 trillion richer than they were at the end of 2020. In
Stop The Presses: Albert Edwards Agrees With The Fed
“Albert Edwards agrees with the Fed” isn’t something you hear very often, but it’s applicable
Jobless Claims And Scarce Cake Pops
376,000 Americans filed for unemployment benefits last week, down 9,000 from the previous week to
ECB Keeps ‘Significantly Higher’ Language As Hawks Routed
The ECB reiterated Thursday that asset purchases under its emergency pandemic program (PEPP) will continue
Another ‘Most Important Since’ Moment
Over the years, one becomes almost completely desensitized to macro data billed ahead of time
Return Of The Raging Retail Party
Over the past two weeks, the assumption that the meme stock mania ended in the
Were We Too Quick To Write The Bond Bull’s Obituary?
Don’t look now, but the Treasury ETF is nearly overbought (figure below). I say “the”
What To Know About China’s Surging Factory Prices
“Chinese factory-gate inflation spirals to 12-year high” makes for great headlines, but a cursory look
Rich People Don’t Pay Much In Taxes, A Stunned ProPublica Finds
Earlier this year, in “The Wealth Tax And Our Shared Insanity,” I suggested that anyone
The US Labor Market Is Now A Funhouse Mirror
If you were looking for additional evidence to support the notion that the US labor
Really All You Need To Know
CPI “loomed large,” someone said Tuesday, I’m sure. That’s not an actual quote from anyone
‘Renaissance’
“The labor shortage is holding back growth for small businesses across the country,” NFIB Chief
Deutsche Bank Warns Of ‘Devastating’ Inflation ‘Time Bomb’
Inflation is “The defining macro story of this decade,” Deutsche Bank declared, in a highly
Kolanovic: Stay Positive On Risky Assets, Expect More Inflation Surprises
While some market participants believe the reflation trade may have largely run its course, JPMorgan’s
You must be logged in to post a comment.