Sample Our Reports, Presentations, & Market Insights
Bloomberg View – Mohamed A. El-Erian: How Central Bankers Get Their Communication Timing Wrong Comments by the president of the St. Louis Fed encouraged the markets’ belief that the Fed is their BFF. By suggesting that the Fed may need to...
The Financial Times – Reminder: A “normalised” Fed balance sheet won’t be normal-sized Even before the Fed addresses the tougher questions — how it wants to control interest rates, and who it wants to trade with — the balance sheet...
The Financial Times – Why investors downplay US debt binge risks Outstanding US corporate debt has swelled more than 275 per cent over the past two decades to $8.5tn, with credit ratings broadly deteriorating over that period. In 1996,...
Business Insider – A definitive breakdown of the gloomy state on Wall Street Don’t be fooled. While Wall Street bank revenues appeared to bounce back in the first quarter of 2017, with banks posting strong results in fixed income...
Bloomberg Business – China Hit by First Moody’s Downgrade Since 1989 on Debt Risk Moody’s Investors Service cut its rating on China’s debt for the first time since 1989, challenging the view that the nation’s leadership will be...
Business Insider – Australian who runs $37 billion investment fund calls Uber a ‘ponzi scheme,’ claims it’ll be broke in a decade Hamish Douglass, the co-founder of the Magellan Financial Group with more than $37 billion USD...
Merger Arbitrage (Human) vs Algo Hedge Fund Returns: The two charts below show the ends of the spectrum. The first chart shows the “algo and bot” driven hedge funds are doing poorly relative to the S&P 500 (blue). The second chart shows arguably a human-based activity, merger arbitrage. Of the more than 30 categories HFR… Continue reading Miscellaneous...
A look at S&P 500 Fundamentals. Selling volatility through leveraged ETFs has fallen out of favor this month. The past 20 days have seen $218 million flow out of short volatility ETFs and $241 million flow into leveraged long volatility ETFs. The short volatility trade has… Continue reading Markets
President’s Approval Comparision: The black line on the bottom is of this interactive chat is Trump’s approval rating. While he has the worst approval rating for the first 115 days, he has been trending sideways since the week after he took office. So, nothing has changed. Is this about to change?
The probability of a Fed hike in June falls to 83%. Will The Fed Respond To economic data missing expectations Since Mid-April?
S&P 500 Better Follows Soft Data than Hard Data. Industrial Production jumps In April. Citi vs Bloomberg U.S. Economic Surprise indexes: