What The Hell Is Going On With The Largest IG Corporate Bond ETF?
Boy, I’ll tell you what: you people are yanking money out of bond funds like there’s no tomorrow.
Search Results for: junk
This Has Only Happened 3 Times Since 2012 (Banana Republic Edition)
Ok, so do you want to see something funny?
Fidelity Literally Bans Retail Investors From The Short Vol. Trade Because Morons.
“Better late than never.”
David Stockman: Here Comes The Yield Shock
“That’s right. The taxpayers and future generations be damned. Apparently, it doesn’t matter how many small businesses, farmers and entrepreneurs get elbowed out of the capital markets by Uncle Sam’s $1 trillion per year borrowing spree: Mitchels & Chuckles intend to keep the Washington Monument open and the Imperial City’s 3.7 million employees paid in full come hell or high water.”
David Stockman: The Bottom Is Definitely Not In
Flush. Rinse. Repeat. BTFD!
David Stockman Presents: The Two Elephants The GOP Has Forgotten
“Indeed, they are the proverbial elephants in the room, thereby giving rise to a considerable irony: To wit, the GOP party of the elephant, which is supposed to be the palladium of financial rectitude in American politics, has forgotten about them completely.”
There’s Too Much To Lose!
“We’ve come too far!”
David Stockman: ‘Now Comes The Black Swan With An Orange-Colored Hue’
“America’s economy is faltering not from too little infrastructure spending, but from too much debt—-$67 trillion of total public and private debt, to be exact. So it appears that the bond vigilantes are returning from 24 years of hibernation just in the nick of time to put the kibosh on the Trumpite/GOP’s latest hare-brained scheme to balloon the public debt.”
David Stockman: Bubble Finance Is Destroying Rationality
“That’s right. Heisenberg reminds us this morning that we are in undisputable record territory. It has been fully 395 trading days since the market had a 5% drop, and that’s never happened before in all of recorded history.”
David Stockman: Here’s Why This Time Is Different
“But that’s not the half of it:Â Those massive buys were accompanied by a giant amplifier in the form of front-running speculators and arbitragers who hang around the casinos.”
Kitchen Sink.
Everything but…
Jeremy Grantham: Bitcoin Dwarfs The South Sea Bubble, My Nephew Is Obsessed With It
“This is a true, crazy mini-bubble of its own I expect – it has certainly passed my ‘nephew test’ of his obsessing about buying or not.”
‘American Carnage’: 5 Real Problems In An Otherwise False Narrative
As this year melts into next, we thought we’d revisit five key problems the country faces for readers who have a keen interest in the extent to which America, while not the barren, bone-strewn wasteland imagined in Donald Trump’s inauguration speech, does have a set of rather serious issues it needs to address in 2018.
Requiem For 2017: The Year In Charts
Cheers to you in the new year…
It Sounds Good – Usually Speaking.
Of record highs and lots of other stuff.
How You Livin’? Another Sad Chart On Millennials And Student Debt
Unless of course every Millennial becomes a Bitcoin millionaire, in which case I suppose all of this debt will be paid off within the next 12-24 months.
An Oxymoron For 2018
Will idiosyncratic risks be magnified as global QE is rolled back?
‘The Inconvenient Truth About Asset Bubbles’
Any questions? If so, please refer them to your favorite FinTwit pundit who will be happy to show you a chart he made on Excel that “disproves” all of the above.
When Tailwinds Become Headwinds
“The major opposing forces in 2018 will be contracting global liquidity vs synchronized global growth. Our view is that the former will be the bigger force, and will drive asset returns in 2018.”
Leftovers: Full Week Ahead Preview
Ok, look: if you’re still hungover from a combination of turkey, greasy mashed potatoes, and copious amounts of not-quite-top-shelf red wine, it’s time to snap out of it because last week is melting into this week as tends to happen historically on Sundays.
Everything Must Go Or ‘The PancakeBot’ As #Extremecivilisation
“The promise of economic growth is that the poor can live like the rich and the rich can live like the oligarchs.”
‘Run Screaming For The Hills’: Presenting The Fallacy Of Disaggregation
“Yet, we would argue that the mere fact that investors fail to spot trouble in a single sector should not be grounds for comfort: the reason why no single sector stands out may be that all the sectors are mispriced.”
Into The Wild Blue Yonder.
Ok, well there were some notable headlines to start the week…
Sour Note.
Well, an eventful week ended on a sour note, which is a shame for the bulls because Thursday was a barnburner.Â
Death & Taxes.
“That’s one small step for rich people and corporate ‘citizens’ and one giant leap for Republicans who can’t get shit done”…
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.
You must be logged in to post a comment.