Haves, Have-Nots And The Term Premium
Earlier this week, I noted that money market funds are throwing off an estimated $22
Xi’s Reopening Bull Market Crashes And Burns In 12 Months
This feels a little gratuitous, but I don’t generally care. We’re talking about an autocrat
Famous BofA Indicator Flashes Rare, Contrarian ‘Buy’ Signal
It’s time to “nibble.” That’s according to BofA’s Michael Hartnett who, despite what sometimes feels
Money Market Funds See Largest Outflow Since Lehman
Money market funds saw the largest weekly exodus since Lehman in the week to October
The Disinversion You Should Be Watching
When you hear the term “disinversion,” you probably think Treasury curve. If this were a
Fed Policy ‘Not Too Tight,’ Powell Says, After Otherwise Balanced Remarks
As expected, Jerome Powell tried to thread the needle on Thursday during closely-watched remarks prepared
Are Higher Rates Inflationary Now?
On Thursday, while editorializing around the slowest pace of US existing home sales since 2010,
Albert Edwards Exposes China’s GDP ‘Beat’
In “Roses Are Red,” I gently suggested market participants should cast a wary eye at
‘The Fed Simply Can’t Keep Raising Rates’: Existing Home Sales Slowest Since 2010
The good news is, existing home sales in the US actually managed to beat estimates
The Never-Ending US Treasury Selloff
Bonds were in the headlines again on Thursday, when 30-year US yields pushed well above
No Surrender
“No surrender!” shouted the US labor market. Initial jobless claims for the week ending October
Never A Dull Moment For Bonds Gone Wild
There’s rarely a dull moment in the US rates complex these days. If it’s fireworks
‘What Sets Us Apart’
“We believe in the fundamental dignity of every human life,” Joe Biden declared on Wednesday,
Netflix Had A Lot Of Paying Add(ict)s
Much as it pains me to take up my time and yours with Netflix earnings
Market Hedging Mideast ‘Tinderbox’ With VIX, Crude, Gold: McElligott
Bonds haven’t been the best hedge for your equities over the past two years. Maybe
Roses Are Red
“When you give roses to others, the fragrance lingers on your hand.” So said Xi
Housing Starts Tick Up, Mortgage Apps At 28-Year Low Amid Rate Surge
US housing starts missed estimates for September in data released on Wednesday, even as they
Inflation Data Offers No Clarity For Befuddled Bank Of England
Unless you’re a Bank of England policymaker, inflation data out of the UK wasn’t on
Gaza Hospital Disaster Raises Odds Of Mideast Worst-Case
“The shreds of the bodies have overlapped.” That’s a quote from a doctor at Al
Bond Fireworks: Largest Treasury ETF Now More Volatile Than Stocks
Anyone hoping for a reprieve from the “penny stock“-esque, rollercoaster price action that’s come to
Who’ll Buy Equities In 2024?
Market participants are understandably concerned about what many argue is a burgeoning supply/demand imbalance in
Frustration Grows As Americans Need $115K Salary To Afford Homes
The highest mortgage rates in decades continued to weigh on US builder sentiment in October,
D-Sol Scratches Up Mixed Results As Goldman Tries To Placate Critics
Last quarter, the question at (or at least for) Goldman was: Is this as bad
Americans Refuse To Stop Spending
The US consumer is unbowed, undaunted and unperturbed, a closely-watched update on nominal spending across
Bank Of America Is Doing Fine
The US economy is “healthy but slowing,” Brian Moynihan said Tuesday, while unveiling a set
Kolanovic, JPMorgan Add Bonds, Gold Amid Familiar Risks
Different month, same risks. That was the overarching message from JPMorgan analysts led by Marko
Are We There Yet? (No)
On Monday, while perusing the sparse menu of non-geopolitical articles on offer across the mainstream
You must be logged in to post a comment.