Search
Newsclips
The Infinite Printing Press and Higher Prices
June 17, 2020
Yesterday Chairman Powell again hinted at the Fed put, a message which retails traders have heard loud and clear.
Newsclips
COVID-19 Infection Update
June 17, 2020
Updating the latest on COVID's infection growth
Newsclips
Quick Comments/What We’re Reading
June 17, 2020
Today's topics include corporate bond purchases' eventual exit strategy, what happens when jobs support ends?, yield curve control, at-the-market stock deals, the problems with zombie companies, more creative accounting to erase the recession, high frequency traders still searching for an extra millisecond, and scrutinizing bank dividends.
Newsclips
Cartoons
June 17, 2020
Newsclips
Leon Cooperman’s Tears
June 16, 2020
Market dynamics are changing. They need to be understood and not dismissed.
Newsclips
TIC Update – Foreigners Continued Selling Treasuries in April
June 16, 2020
Foreigners sold a massive amount of U.S. Treasuries in April, following March's record-setting fire sale.
Newsclips
Quick Comments/What We’re Reading
June 16, 2020
Today's topics include here comes the Fed's corporate bond purchases, hints the ECB may buy fallen angels?, 53% of money managers still see a bear market rally, negotiation the next $1 trillion in fiscal stimulus, preparing Bloomberg terminals for negative rates, FOMC policy, will loan guarantees finally create inflation?, more on Calpers' focus on leverage for the long-run, and struggling munis.
Newsclips
Cartoons
June 16, 2020
Conference Calls
Rates, Retail Traders, and the Reopening
June 15, 2020
A replay of our June 18, 2020 conference call
Newsclips
Mom and Pop vs. Wall Street
June 15, 2020
Volatility usually requires a couple elements. First, there must be some event that causes traders to rethink pricing. Second, there must be a large number of trades on the wrong side of this repricing. While fears of a second wave may be providing some of the impetus for a selloff, the massive bets being made by the retail crowd are exacerbating the moves.
Newsclips
Quick Comments/What We’re Reading
June 15, 2020
Today's topics include a COVID update, the fall of the dollar?, corporate bond returns, gauging how many jobs are permanently lost, U.S. pension fund targets 20% leverage, crude oil's woes, and rising global debt.