Marko Kolanovic Flags An ‘Unprecedented Divergence’, Says ‘Something Has To Give’
“The recent divergence in the performance of US Equities vs. the rest of the world is unprecedented in history.”
“The recent divergence in the performance of US Equities vs. the rest of the world is unprecedented in history.”
“You see what’s happening.”
“Am I happy with my choice? I’ll let you know in seven years.”
How to hike without hiking and what to do when there are no “good” options.
“We will resist the bond yield spread, speculation, credit downgrades and attacks.”
That “sucks.”
None of this makes any sense. Not a bit of it. It’s a self-referential nightmare.
“But in the frantic QE-inspired hunt for yield, nobody cared.”
Wednesday is a disconcerting day for emerging markets.Â
“As the tide of excess liquidity recedes, EMs like South Africa will begin to pay the heavy price of this misallocation of credit.”
Turkey’s woes are not any semblance of “contained”.
Pray for Turkey.
I think the “oranges” may “know” more than they think.
Make sure you know the whole story.
What could go wrong with this setup?
Why intervention won’t (and can’t) work.
Don’t rule it out.
It’s not without risks, of course.
“Kudlow should understand China’s firm will.”
“Tariffs are working far better than anyone ever anticipated”
“We were patient until last night.”
“The U.S. is playing a carrot-and-stick tactic on China, but this approach is not going to work.”
“They’re saying, ‘it’s ok, we can take it.'”
Save us, Steve Mnuchin!
“Trade policies have created a challenging market environment.”
What summer lull?
You must be logged in to post a comment.