Read The Paper
A long time ago, in a galaxy far, far away, there were physical newspapers. I’m
Treasury Market Struggles With Unfamiliar Dynamic: Buyers Who Care About Price
There’s a lot of focus on Treasury supply right now, and that’s an understatement. Last
Where To Now For The Chinese Economy?
I don’t know what to make of the Chinese economy these days, which puts me
A Spread Worth Watching?
Who you gonna believe, gas prices or the labor market? Last week, the preliminary read
Mike Wilson Says Bah Humbug To Santa Rally
Morgan Stanley’s Mike Wilson isn’t convinced US equities are poised for a “Santa rally.” Wilson
Are Markets Overestimating Right-Tail Risk?
It’s been all right-tail and no left- in recent weeks, according to option-implied, three-month ahead
Sell Cash, Buy Bonds?
Who’s going to buy all the bonds?! Shrieked the audience. Although there’s still no firm
Line Of Fed Speakers, Key Data In Focus As War Drums Beat
Investors will get an update on consumer spending across the world’s largest economy this week,
Tough Love
Price discovery is a helluva thing. It’s also a normal thing. Or at least it
Another Damned Holy War
“It’s important, I think, that we all condemn the targeting of civilians in any form
US Equity Funds Return To Outflows But Bullish Sentiment Jumps
US equity-focused ETFs and mutual funds returned to outflows over the latest weekly reporting period.
Bonds In Limbo After Historic Crash
A few days ago, I made the passing observation that if Fed officials are inclined
Bonds May Offer ‘Stock-Like’ Returns In 2024
Did you hear? Bonds could be set to offer “equity-like” returns in 2024. I’m serious.
Dimon’s ‘Dangerous World’ Warning Is Caveat To Solid JPMorgan Results
“This may be the most dangerous time the world has seen in decades,” Jamie Dimon
Consumer Sentiment Darkens As Inflation Concerns Return
US consumer sentiment deteriorated considerably in early October. The preliminary read on the University of
In Gaza, Chaos
Bad to worse. With more to come. Israel on Friday told 1.1 million people to
Money Fund Assets Remain Near Record. RRP Hits New Two-Year Low
Money market funds assets remained near record highs in excess of $5.71 trillion in the
A Quick Guide To Q3 Earnings Season
Earnings season kicks off in the US on Friday. Perhaps you heard. Most readers hopefully
Bond Bear Roars Back
Equities may be inclined to sustain a rebound from their late-summer swoon, and the odds
Stocks Shrug At Warm Inflation Readings, But Unstable Bonds Pose Threat
You could argue that stocks should’ve been meaningfully lower on the back of a warm
Unknowable Consequences
Should markets care about the Gaza Strip? I don’t know. Should anybody? The answer to
CPI Refuses To Sound The All-Clear
US consumer prices rose more than anticipated in September, data out Thursday showed. At 0.4%,
Hawkish Or Cautious? Fed Minutes Suggest Both
Several Fed officials were keen last month to shift the discussion around the policy rate
Five Steps To A Santa Rally On Wall Street
It all hinges on the evolution of the data, of course, but absent an inflation
Two Mideast War Scenarios
“An Israel-Hamas war would be tragic, but the impact on the global economy and markets
‘Highly Probable Fed Hikes Are Complete’: McElligott
Have we seen the turning point for bonds? I hope so. I like being right
Can Israel ‘Win’ A Ground War In Gaza?
The death toll in Israel from the October 7 Hamas attacks rose to 1,200 on
You must be logged in to post a comment.