Search

Newsclips

An Update To The Debt Ceiling Debate

July 25, 2017

MoneyBeat (WSJ Blog) – Wall Street Braces for Debt-Ceiling Showdown Wall Street is getting worried about the debt-ceiling debate in Washington. Bond traders, concerned about protracted sparring over the federal government’s borrowing limit, are pushing up the yields on short-term Treasurys. The three-month yield, the shortest-term of the U.S. government debt offerings to mature after the upcoming debt-ceiling deadline,… Continue reading An Update To The Debt Ceiling Debate

Newsclips

Industrial Metals Leading Commodities and World Growth Expectations Higher

July 25, 2017

Bloomberg – Copper Heads for Two-Year High as Chinese Outlook Brightens Weaker dollar has also helped industrial metals rally Copper headed for its highest close in more than two years amid a weaker dollar and on expectations for increased demand in China, the world’s top user of industrial metals. Copper surged as much as 2.5 percent, leading… Continue reading Industrial Metals Leading Commodities and World Growth Expectations Higher

---

Newsclips

Betting Big On Volatility

July 25, 2017

The Wall Street Journal – Investor Makes Mammoth VIX Bet That Could Pay Out $265 Million Big bet on a powerful resurgence in market turbulence sees ‘fear gauge’ at 25 by October One investor has bet on a powerful resurgence in market turbulence—a wager that could net a profit of about $265 million if Wall Street’s… Continue reading Betting Big On Volatility

Newsclips

Making The Case For Crude Oil Despite The Hedge Funds’ Short Position

July 25, 2017

Bloomberg – Traders Think Hedge Funds Are Missing a Trick With Oil Hedge funds are still holding large bearish bets against oil and OPEC, yet out in the real world traders and refiners buying and selling actual barrels say it’s starting to look somewhat more bullish. “The market is looking a bit better,” Ian Taylor,… Continue reading Making The Case For Crude Oil Despite The Hedge Funds’ Short Position

---

Newsclips

OPEC’s Internal Discord

July 25, 2017

The Wall Street Journal – Saudi Arabia Cuts Oil Exports as OPEC Looks to Stem Crude-Price Slide Country’s energy minister blasts cartel members for ‘overproducing’ Internal discord among OPEC members and big oil-producing allies spilled into public view Monday as the group struggles with its efforts to raise prices for crude. Until now, the Organization of… Continue reading OPEC’s Internal Discord

Newsclips

U.S. Crude Exports Pick Up Steam

July 25, 2017

Bloomberg – America’s Biggest Oil Port Wants to Be a Two-Way Street The biggest U.S. oil-import hub wants to grab a piece of surging North American crude exports. Louisiana Offshore Oil Port, the only terminal along the U.S. Gulf Coast able to handle a fully laden supertanker, is gauging interest from shippers in sending crude… Continue reading U.S. Crude Exports Pick Up Steam

---

Newsclips

The Correlation Between Tech And Financials

July 25, 2017

MoneyBeat (WSJ Blog) – Two Horse Race: Financial and Tech Stocks Have Been Oddly Out of Sync Investors’ hopes and fears are on full display in the race between financial and tech stocks. Both groups are far ahead of the S&P 500 since Election Day, surging 24% apiece. But that neck-and-neck performance masks highly unusual… Continue reading The Correlation Between Tech And Financials

Newsclips

Emerging Market ETFs

July 25, 2017

Bloomberg – Traders Fear Hard Landing in Emerging Markets Carry-trade exit in EM is ‘quite small’: Schroder’s Olu-Pitan Benchmark BlackRock bond ETF has doubled in size this year The rapid growth of a BlackRock Inc. exchange-traded fund that tracks emerging-market debt is causing jitters among investors. The iShares JP Morgan EM Local Government Bond ETF, ticker IEML,… Continue reading Emerging Market ETFs

---

Newsclips

Previewing The Fed Meeting

July 25, 2017

Bloomberg – Mohamed El-Erian: What the Fed Will Do This Week — and Why The statement issued by Fed officials at the conclusion of their discussions on July 26 — and the fuller details provided by the minutes that will follow in a few weeks — are likely to provide the following signals on three… Continue reading Previewing The Fed Meeting

Newsclips

Forget Balance Sheet Reduction, What Will The Fed Do With Proceeds It Still Plans To Reinvest?

July 25, 2017

Bloomberg – Fed Balance-Sheet Plan Missing Key Detail Tied to Bond Squeezes The Federal Reserve has been painstaking in laying out how the upcoming reduction in its $4.5 trillion balance sheet will work but left one key detail out: What will it do with the money it will continue to reinvest? With the drawdown slated… Continue reading Forget Balance Sheet Reduction, What Will The Fed Do With Proceeds It Still Plans To Reinvest?

---

Newsclips

Examining Credit Default Swaps As Default Insurance

July 25, 2017

The Financial Times – Credit default swaps: a $10tn market that leaves few happy If your house were burgled, you would expect your insurance to pay out for the stolen items in full. Imagine your dismay if the company providing the cover said you could — in theory — sue the burglar, so it was… Continue reading Examining Credit Default Swaps As Default Insurance

Newsclips

Wall Street’s New Top Dog

July 25, 2017

MoneyBeat (WSJ Blog) – Morgan Stanley Overtakes Goldman in Market Value Wall Street’s tortoise just passed the hare. Morgan Stanley, which moved to a more safe-and-steady approach after the financial crisis, on Monday surpassed its more freewheeling rival, Goldman Sachs Group, in market value. Run by Chairman and CEO James Gorman, Morgan Stanley became the… Continue reading Wall Street’s New Top Dog