‘Even Short-Lived Rotations Could Be Powerful’: Goldman Weighs In On Momentum Massacre, Factor Turmoil
“The triggers in the short run could be geopolitical”.
German Economy To Enter Recession This Quarter As Trump ‘Poisons’ Investment: IfW
“The German economy is facing one of the weakest years since the financial crisis”.
Trump Demands Negative Rates, Calls Jay Powell, Fed ‘Boneheads’ In Wild Screed
“The USA should always be paying the the lowest rate”.
It’s ‘August In Reverse’ As Bond Selloff Worsens
This comes with the obligatory caveat that a single tweet could send everyone scurrying to safety, pushing yields back lower.
Trump, Navarro Plot Executive Order Targeting Chinese Fentanyl Shipments: Report
The push is clearly aimed at China, but the order will not be limited to the country.
Here Are The States At The Highest Risk Of Recession
Hint: Michigan may be in trouble, and it’s a battleground state.
Marko Kolanovic Weighs In On This Week’s Dramatic Factor Rotations, Delivers Near-Term Market Outlook
“By just looking at the price of the S&P 500 one cannot see the true state of equity markets”.
America’s National Security ‘Absolutely Not A Mess’, Steve Mnuchin Tells Raucous Press Briefing
“Loud shouting, hollering and hand waving”.
Trump Fires John Bolton. And His Mustache.
“I informed John Bolton last night that his services are no longer needed”.
US, China Discussing Text Of Trade Agreement, Beijing May Buy Farm Goods: Report
Take it all with a grain – or maybe a whole shaker – of salt.
Six In 10 Americans Say A Recession Is Likely Within The Next Year
Yet another blow to the MAGA “miracle” narrative.
Nomura’s McElligott On Monday Momentum Massacre: ‘One Of The More Stunning Trades In Modern Market History’
“And yet HILARIOUSLY, Joe Schmoe retail investor looking at simple Index returns wouldn’t have had ANY idea of the calamity occurring”.
Liquidity Is Improving In Stressed Markets, Goldman Says – But Don’t Let Down Your Guard
“Markets dominated by computers have different characteristics than those run by people”.
The Ride Of The Valkyries: SocGen’s Juckes Has Visions Of ‘Bond Vigilante Gun-Ships’
Don’t get too excited – it’s a correction, “not a turn in the trend”.
What Happens If The Nascent Bond Selloff Has Legs?
Don’t burst my bubble.
Wilbur Ross Threatened To Fire Top NOAA Employees Who Disputed Trump’s Hurricane Dorian Tweets
“Dr. Jacobs was told that the political staff at NOAA would be fired if the situation was not fixed”.
Massive Momentum Factor Unwind Triggers ‘Epic’ 7 Z-Score Performance Bleed
Needless to say, this isn’t the best news for some folks.
Turkish Lira Warily Eyes US Sanctions Threat, Erdogan Rate Cut Promises
“We’re looking at that”.
Yes, Maria Bartiromo, Steve Mnuchin Actually Can Lie About The Economy, Thanks For Asking
“Can you really say that”?
Dear AT&T, Paul Singer Is Coming And Donald Trump Is Tweeting – Enjoy!
But hey, at least the shares are up.
Nomura’s McElligott Talks The ‘Pain Trade’ And What More Bearish Rates Action Would Mean For Equities
“…the current consensus / ‘Momentum’ positioning construct is a pure reflection of the ‘Duration Trade'”.
‘Who Thought This Was A Good Idea’? Taliban Says More Americans Will Die After Trump Cancels Dinner Date
“Losses to lives and assets will increase”.
‘Less Growth, More Inflation’: Goldman Sees Stagflationary Trend For Trump’s Economy
“The tariffs are about to show up more clearly”.
Behold! JPMorgan Unveils The ‘Volfefe’ Index
“Trade talk, political campaigning and tweets have contributed to volatility, from China to Fed policy
Expect More Late-Night Tweets, Because China Will Be Cutting Another Key Rate Soon
Friday’s RRR cut presages more easing – it’s just a question of timing.
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