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Featured

Lagarde Versus Le Pen?

October 29, 2026October 29, 2026
  • ‘Remains Elevated’

    October 29, 2026
  • Boom!

    October 29, 2026October 29, 2026
  • Dissembling Strategery

    October 28, 2026October 28, 2026

Markets

Alphabet Whiffs, Microsoft Hits

October 28, 2026October 29, 2026
  • Mona Lisa’s Smirk

    October 28, 2026October 29, 2026
  • F-ck You, Claude (Zen)

    October 27, 2026October 28, 2026
  • Around, Around We Go

    October 27, 2026October 28, 2026
  • Anthropic: The Promise, The Numbers, The Risks

    October 26, 2026October 27, 2026

economy

An ARM And A Leg

October 28, 2026October 28, 2026
  • Frozen Bubble

    October 27, 2026October 28, 2026
  • It’s All Relative

    October 27, 2026October 28, 2026
  • It’s A Big Week

    October 25, 2026October 27, 2026
  • What To Expect From The October FOMC Meeting

    October 24, 2026October 26, 2026

Geopolitics

The Tragic Irony Of The Israeli State

October 28, 2026October 29, 2026

Lula!

October 26, 2026October 27, 2026

Not Done Just Yet?

October 22, 2026October 23, 2026

Duly Noted

Not Since 1969…

October 22, 2026October 24, 2026

Mind The Control Group!

October 15, 2026October 16, 2026

‘Bring Back Volcker’

January 27, 2022January 30, 2022

I doubt seriously that prominent investors actually care about inflation vis-à-vis Fed policy. And why

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10 Comments on ‘Bring Back Volcker’

Is The US Headed For A ‘Transitory’ Recession?

January 27, 2022February 8, 2022

Mercifully, US jobless claims retreated in the week to January 22, snapping a streak of

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2 Comments on Is The US Headed For A ‘Transitory’ Recession?

US Economy Outperforms, Validating Hawkish Fed

January 27, 2022January 30, 2022

The US economic expansion picked up in the fourth quarter, data out Thursday showed. The

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7 Comments on US Economy Outperforms, Validating Hawkish Fed

Panic Selling Grips Asia As Stocks, Bonds Plunge On Hawkish Powell

January 27, 2022January 27, 2022

Jerome Powell’s press conference performance, and particularly the Chair’s multiple references to this cycle being

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9 Comments on Panic Selling Grips Asia As Stocks, Bonds Plunge On Hawkish Powell

Humble Stumbles

January 26, 2022February 2, 2022

Jerome Powell on Wednesday emphasized that the Fed will be “humble” and “nimble” as it

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12 Comments on Humble Stumbles

Fed Nods To March Hike, Sketches QT With Runoff ‘Principles’

January 26, 2022January 27, 2022

Inflation in the world’s largest economy is still “elevated,” the January FOMC statement said. That’s

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10 Comments on Fed Nods To March Hike, Sketches QT With Runoff ‘Principles’

Dovish Hawks Or Hawkish Doves? McElligott On The Fed

January 26, 2022January 27, 2022

Plainly, Jerome Powell risked further destabilizing fragile US equities at the January FOMC press conference.

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Key Ratio Points To 15% S&P Upside, One Bank Says

January 26, 2022January 26, 2022

January’s stock swoon isn’t out of sync with fundamentals and played out largely as expected

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1 Comment on Key Ratio Points To 15% S&P Upside, One Bank Says

Goldman: Any Further Significant Weakness Is A Buying Opportunity

January 26, 2022February 1, 2022

Markets were choppy again Wednesday as January’s epic swings continued unabated. Needless to say, traders

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2 Comments on Goldman: Any Further Significant Weakness Is A Buying Opportunity

New Home Sales Surge, Median Price Drops Most Ever

January 26, 2022January 27, 2022

New home sales were higher than expected in December, data out Wednesday suggested. It was

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1 Comment on New Home Sales Surge, Median Price Drops Most Ever

Powell Faces 2018 Demons With Stock Crash Dilemma

January 25, 2022January 26, 2022

“The continuing global recovery faces multiple challenges as the pandemic enters its third year,” the

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8 Comments on Powell Faces 2018 Demons With Stock Crash Dilemma

US Consumers Resilient Amid Helium Balloons, Scourge

January 25, 2022January 27, 2022

It could’ve been worse. That was one way to look at the latest read on

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1 Comment on US Consumers Resilient Amid Helium Balloons, Scourge

What If The Economy Won’t Fund Powell’s Rate Hikes?

January 25, 2022February 7, 2022

Markets are awake to the idea that the Fed may be on the brink of

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8 Comments on What If The Economy Won’t Fund Powell’s Rate Hikes?

The Real Reason For Monday’s ‘Biblical’ Stock Reversal

January 25, 2022January 26, 2022

Monday morning was the first time clients had to “outright sell stuff,” Nomura’s Charlie McElligott

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JPMorgan: Selloff ‘Overdone,’ Fed Put ‘May Stage Comeback’

January 25, 2022January 26, 2022

Not everyone is on board with the idea that the ongoing swoon in US equities

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The Bear Beckons In Asia As Shares Succumb To Fed, Inflation Fears

January 25, 2022January 25, 2022

Asian equities plunged Tuesday, as manic moves on Wall Street rippled across global markets a

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Leave a Comment on The Bear Beckons In Asia As Shares Succumb To Fed, Inflation Fears

‘Dangerous Ideas’ And Plunging Stocks

January 24, 2022January 25, 2022

January 24, 2022, was a banner day for the financial media. Nothing generates reader interest

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6 Comments on ‘Dangerous Ideas’ And Plunging Stocks

S&P Flirts With Correction As US Economy At ‘Near Standstill’

January 24, 2022January 25, 2022

It didn’t take long for the incoming data to provide support for a high profile

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1 Comment on S&P Flirts With Correction As US Economy At ‘Near Standstill’

Blankfein Says Crypto ‘Happening.’ Fantom Now 3rd Largest DeFi Protocol

January 24, 2022January 24, 2022

The crypto universe started the new week under siege after a weak-willed rebound fizzled out.

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2 Comments on Blankfein Says Crypto ‘Happening.’ Fantom Now 3rd Largest DeFi Protocol

‘Winter Is Here,’ Stocks Can Fall 10%, One Bank Warns

January 24, 2022January 25, 2022

It’s natural that market participants are obsessed with the Fed, but it’s time to worry

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6 Comments on ‘Winter Is Here,’ Stocks Can Fall 106, One Bank Warns

War Drums

January 24, 2022January 31, 2022

Risk sentiment remained fragile Monday, as European shares warily eyed developments in Ukraine, where both

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12 Comments on War Drums

Prepare For Liftoff

January 23, 2022January 26, 2022

“Prepare for liftoff.” That’ll be the message from the January Fed meeting and what’s sure

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3 Comments on Prepare For Liftoff

Why Goldman Sees Risk Of Fed Tightening ‘At Every Meeting’

January 23, 2022January 24, 2022

Starting in March, the Fed could “take some tightening action at every meeting until the

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3 Comments on Why Goldman Sees Risk Of Fed Tightening ‘At Every Meeting’

The Real Cause Of Inflation

January 23, 2022March 4, 2022

On the eve of the January FOMC meeting, at which Jerome Powell will likely reiterate

Read More

10 Comments on The Real Cause Of Inflation

One Bank’s Stark Warning: ‘It Is Not Looking Pretty’

January 22, 2022February 11, 2022

Given the overtly inauspicious character of recent market developments, a cautious cadence is warranted. I

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1 Comment on One Bank’s Stark Warning: ‘It Is Not Looking Pretty’

All Else Equal

January 22, 2022January 23, 2022

Lost in the cacophony of apocalyptic Fed pontificating is one simple reality: Financial conditions have

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2 Comments on All Else Equal

The Crypto Crash And The Fed’s Massive Ponzi Scheme

January 22, 2022January 29, 2022

It was liquidation time across the cryptoverse on Saturday. At one point, Bitcoin dropped to

Read More

2 Comments on The Crypto Crash And The Fed’s Massive Ponzi Scheme

Posts pagination

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Monthly Letter

  • To Be Happy

Recent Comments

  • CL on Lagarde Versus Le Pen?
  • Old Cyclist on ‘Remains Elevated’
  • BustedClock on F-ck You, Claude (Zen)
  • Mr. Dog on Boom!

Monthly Letters

To Be Happy

September 4, 2026September 4, 2026

Hell Or High Fashion

July 3, 2026July 3, 2026

Escape Artists

May 11, 2026May 11, 2026

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