No Vote On Health Care Bill Is Another Blow To Trump Trade
“And like that, it’s gone”…
If You Think This Is A “Correction,” I Guess The Media Called It
So we can debate the extent to which Tuesday’s “blip” on an otherwise rosy-looking equity
Can China Prevent One Crisis Without Causing Another? Spoiler Alert: “No”
“So that’s all fine and good from a kind of “let’s curtail systemic risk,” perspective, but the problem is, China’s labyrinthine shadow banking complex has grown so large that the very act of unwinding it in the interest of financial stability creates its own systemic risk.”
Trump Is President And “You’re Not” & Other Things We Learned From TIME’s Trump Interview
“But that’s the story. Hey look, in the mean time, I guess, I can’t be doing so badly, because I’m president, and you’re not. You know. Say hello to everybody OK?”
This Is How Far Oil Prices Have To Fall To Trigger Junk Bond Chaos
A persistent theme in these pages is the extent to which the mammoth spread compression
“‘Tis But A Scratch”: Oil Drop Is “Temporary” One Bank Swears
Well they’ve got moxie, there’s no denying that. Oil longs have been confounded of late
The Trumpcare Vote: Previewing Thursday’s Big Event
Needless to say, the focus Thursday will be on the GOP proposal to repeal and
Why Is Volatility So Low? Out With The “Old,” In With The “New”
“The Fed has moved to the other side of the volatility equation. It is now more likely that the Fed will contribute to higher volatility if the market deems financial conditions to have become too tight.”
“It’s Laughable”: Trump’s Approval Rating Drops To 37% In New Poll
The alt-Right’s reaction to yesterday’s “revelation” (and the scare quotes are there for a reason)
Trader: “US Stocks Are Destined To Drop”
“This means that any relief rally will be used as an opportunity for longs to take profit, not a catalyst to build positions further.”
“Things Are Calm. Too Calm”
As we said earlier, “not a creature was stirring” over night. Or, put differently, “it’s
Trump Trade In Focus: All Eyes On Healthcare Bill As Yellen Lurks In Background
It’s do or die for the reflation narrative.
Key Calls (Thursday): Upgrades, Downgrades & Initiations
Are your stocks on the list?
Introducing The “Fiscal Option” Or, How To Goal Seek S&P 2,525
In terms of timing, Tuesday probably wasn’t the best day to be out setting optimistic S&P targets,
Wall Street Journal: “America May Conclude Donald Trump Is Fake President”
“Two months into his Presidency, Gallup has Mr. Trump’s approval rating at 39%. No doubt Mr. Trump considers that fake news, but if he doesn’t show more respect for the truth most Americans may conclude he’s a fake President.”
I’m No Chart Whiz, But About That Whole Reflation Thing…
Reflation frustration?
Trump Feels “Vindicated” By Nunes: Why That’s Absurd In 1 Quick Story
I’m going to tell you a quick story to (hopefully) prove a point. Some will get it, some won’t. C’est la vie.
Stocks Versus Bonds: “Old Normal Vs. New Normal”
Ok so as you think about yields and equities and what to expect going forward
Oil Gets (More) Bad News – Meanwhile, Fitch Says Saudis Will Be Bankrupt Any Day Now
Aaaaand the deflationary impulse “builds” – literally. EIA data out this morning confirms what Tuesday’s API
Auto Deflation Arrives: GM “Aggressive Discounting” Raises “Clear Cyclical Concerns”
“We’ve noted individual automakers increasingly engaged in aggressive discounting. GM is suddenly standing out in this regard with incentives up $1,350 per vehicle.”
Rex Tillerson “Doesn’t Want” To Be Secretary Of State – Which Is Fine, Because Jared Kushner Does
“I didn’t want this job. My wife told me I’m supposed to do this.â€
These Charts Say We May Be Long Overdue For A “Flight To Safety” Episode
As explained in these pages exhaustively, last month’s “Holy Schatz” moment that saw the front
“Some Folks Missed Payments”: There’s A Storm Brewing In China
Some folks missed some payments. In the wake of the PBoC’s move to implement a
Kolanovic: Tuesday Was “No Surprise,” Should “Not Be Fitted To Political Narrative”
“While we don’t want to minimize the impact of political developments, today’s move was primarily technical and should not be fitted into a political narrative (which in fact was neutral between developments in France and US).”
Stock Selloff Goes Global
Investors “needed a good reason to take profit, and here it is.”
“Death By A Thousand Cuts”
“The market didn’t collapse. It went down. In the scheme of life, this is nothing. On the other hand, death by a thousand cuts has to be acknowledged at some point. “
Key Calls (Wednesday): Upgrades, Downgrades & Initiations
Are your stocks on the list?
You must be logged in to post a comment.