Where The Wild Things Are: Revisiting The Forgotten Horizon In The Volatility- Leverage Space
“And now,” cried Max, “let the wild rumpus start!†…
“And now,” cried Max, “let the wild rumpus start!†…
Waiting on intervention that never seems to come.
Call it “passive aggressive.”
“…companies and shareholders are adamantly confident of listed companies’ operations, profitability and growth prospects.”
Or “burns” – whichever.
“And with the Fed heading decisively in the opposite direction, is it any wonder the renminbi slumped in June?”
“…policymakers believe some yuan depreciation is okay, but they don’t want to see it falling below 6.9.”
“…we’re paying close attention to that.”
It may be a different day, but it’s the same story for Chinese assets and that’s not the best news.Â
“…the Supreme Court is telling us loud and clear that it intends to play along with the charade that Donald Trump is a normal president who follows the law.”
Anyone for falling knives?
On the off chance everyone decides to “punch back”…
Some random musings.
“We do not believe this decoupling will be sustainable. Either the rest of the equities must come under pressure or the financial sector must rally.”
This is what it sounds like.
Holding pattern as market awaits the Fed.
Aaand that’s the week.
Do note that this is no trivial/esoteric/academic debate.
This may be your tail risk, right here.
Monday was predictable.
Trade war canceled, Trump demands DoJ investigate itself, Italy goes to the populists and Venezuela has an “electionâ€.
So yeah, cue the mascot minefield meme.
And that’s the week.
ARGENTINA CENTRAL BANK RAISES KEY 7-DAY REPO RATE TO 40.00%
Turn on your wipers.
Something tells us this is an underappreciated tail risk, indeed.
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