BONDS IN CONVERSATION : A PAUSE AND THE NEXT STOP
After last week’s mayhem, investors are breathing a sigh of relief that we are ending this week on a nice pause to the selling with sovereign yields all off their highs and signs… Continue reading
Tag Archive: 10Y UST
Weight Of The World (Cup) On The FOMC
“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” – John Templeton We are between stage 3 and 4 ? My mind hazy from all the… Continue reading
Market View – Feeding Out Of Yellen’s Hands
I do not really bother about all those editorials we read about America losing her political clout on planet Earth. Bernie’s analogy of the Romance of the 3 Kingdoms in his Ad Hoc… Continue reading
Meanwhile … USD/CHF…or Gold .. or UST ?
Actually, it’s been IDR for 2014 after Gold and Silver, of course. There’s a flock of black swans coming at us now and luckily, the positioning is at the lightest. CHF hit a… Continue reading
Running Markets – What is Happening With USD ?
USD strength or USD weakness ? The USD fell against 18 of 21 major currencies since last Friday and the release of a better than expected non farm payrolls number. High beta currencies… Continue reading
Ad Hoc Commentary – Monetarists should sit back and let Keynesians do infrastructure
Larry Summers, perhaps best known for making foot-in-mouth remarks about women while a Harvard president, had recently remarked in polite circles that: “…we may well need in the years ahead to think about… Continue reading
For A Quick Buck : Running For The Safety Of Treasuries
People say Bill Gross is starting to talk strange, of Cracker Jacks and 7th innings, in his latest monthly. “Why invest in financial or real assets if bond prices could only go down,… Continue reading
Disbanding the QE Herd – Judgment Day Is Coming
It’s been a while since I pulled out those correlation tables and I was in a for an expected surprise. Yes. The correlations have broken down. The big basket-happy family trades have started… Continue reading