It Could Have Been Worse – A Lot Worse.

The setup was terrible, with falling commodities, a downbeat Asian session, and junk jitters weighing on sentiment.


Market Doom Loop Update: Risk From VIX ETPs, CTAs Flashes Red

It’s all about “loops” and “spirals” these days.

Markets Would Be A Lot Safer If We Wound Back The Clock About 25 Years

But times have changed.

Albert Edwards Hears ‘Rustlings Of Discontent’, Says You Agree With Him That ‘This Will End Badly’

“Many of these same investors, however, tend to agree with us on a two year view that things are likely to end very badly.”

More Questions, Less Answers.

Not what I would call an “upbeat” session.

Who’s Been Buying The Dip?

Spoiler alert…

Monday, Monday.

The fireworks started in Japan and that’s where they ended.

There Is No ‘Value’ Here, So Just Stop It.

Common sense ain’t so common.

Clean Up Your Damn Junk: Full Week Ahead Preview

“This is the big one, Elizabeth!”

Is It ‘All Tech’?

You can draw your own conclusions there…

Does The Junk Bond Rout Prove Big-Cap Tech Is Detached From Reality?

“So maybe it’s not so much that equities are out of synch with high yield, as much as it is”…

Watch The Throne.

What happens over the weekend no longer remains confined to the weekend.

Booms Don’t Die Of Old Age, They Are ‘Murdered’ By The Fed

“So when you ask what the big risk is, the answer is”…

A Truly Taxing Day.

Thursday, bloody Thursday.

Albert Edwards: You Are Going To Be ‘Mighty Pissed’ When Your Wealth ‘Evaporates Before Your Very Eyes’

“The risk is that the market is hugely vulnerable if it hears a distant bark, let alone feels its bite.”