Chart Check (Heisenberg “Uncertainty” Principle)
What’s wrong with this picture?
Dear Donald: You’re Not Hamilton And We’re Not Living In 1791
Since the election, these pages have been awash with commentary suggesting that the incoming Trump
Massive Treasury Short Now At 4 Standard Deviations
If there’s one thing leveraged funds are damn sure of, it’s that short Treasurys is the way to go in the new year.
Presenting Goldman’s “10 Questions For 2017”
I’ll take the under.
“Trading On Faith” Has Its Limits
“With tangible details on most of these policies still missing, the market’s capacity to advance driven purely by faith is now showing its limits.”
Heresy! Don’t Doubt The Narrative
It seems like I’ve been chained to this damn keyboard writing about 10Y yields and
Friday Chart Check: More High Yield Hijinks
Everything is not fixed in HY energy just because oil prices are no longer scraping the bottom of the barrel (pun fully intended).
Meet Steve Patterson. He Just Made $500 Trading Trump’s Tweets
“I think it’s going to be a fun year for trading”…
Friday Political Humor: What Obama Should Have Said
Jordan Belfort said it best…
Treasurys Dump, Dollar Jumps After Econ Data
Boy, that escalated quickly…
Big Bank Earnings Breakdown: Full Summaries Of JPMorgan, Bank of America, Wells Fargo Results
Bank earnings are seen as the first real test for the Trump rally as investors are looking forward to what they hope will be higher margins and a more friendly regulatory regime.
This Chart Tells You All You Need To Know About Hedge Funds
“2 and 20†works fine when things are going well. Not so much when things are going poorly. After all, who wants to pay someone 2% of AUM to lose money or to grossly underperform benchmarks?
Daily Kickstart (“I Had Some Bad Chinese”)
We’re gonna need a weaker yuan. Data out Friday showed China’s exports falling 6.1% y/y
Mexico To Buy Twitter?
“Instead of spending its precious reserves to defend the peso, Mexico should just buy Twitter Inc. — at a cost of about $12 billion — and immediately shut it down.” They’ve got the money so what the hell, right?
“Cash”ing In?
The holder of cash has an effective option to purchase more volatile assets if and
It’s A “Clearly Artificial Regime”: No Love For The PBoC
Last week, we witnessed a truly epic short squeeze in Hong Kong. Soaring deposit rates,
Thursday Humor: Epic Headline Hockey
Fake news?
Think The Great Bond Bull Market Is Dead? Not So Fast
Old bulls, like old habits, die hard.
More Cold Turkey: Is It A Currency Crisis Or Not?
On Wednesday, in a post that was simultaneously tragic and hilarious, I documented Turkey’s unfolding
Thursday Chart Check: How Far Are We From Throwing A “Tantrum”?
Needless to say, there’s been no shortage of speculation this year about yields and where
“It’s Like Living In The Roman Colosseum”: Reaction To Trump Presser Lacks Nuance
“If investors were left disappointed on details relevant to the economy and policies, it’s because no one raised the issues in any substantive way.”
Daily Kickstart (Dollar Doldrums)
Oh how the mighty (greenback) has fallen. The consensus trade of 2017 is having a rough
Visualizing A “Yield Crisis”
Bonds for the capital gains, stocks for the yield…
“Populism Leads To War And Poverty”: Chinese President To Deliver Stark Warning In Historic Visit To Davos
Essentially, Xi sees the US election and the political turmoil in Europe as an opportunity for China to usher in a new era of bipolarity on the way to -perhaps – unipolarity with China as the world’s only superpower.
Trump Event A Yawner – Unless You Own Biotechs
Today’s “main event” turned out to be a bit of a dud. And I don’t
You must be logged in to post a comment.