Just Another Bear Rally?
In a stark contrast to the absolute abomination of capital markets in Q3, we are starting of Q4 in quite stunning fashion…but is it just a farse? Stocks absolutely ripped … Read More
Category: Markets
That Shit Hurted
Yikes. Where do we even start? I guess Fed Chairman Jerome Powell really started the party this week by solidifying a 75bps rate hike, which sent equities into an absolute … Read More
Outflows in U.S. Equities Continues – You Hate To See It
THE OUTFLOWS CONTINUE. According to data published by Refinitiv Lipper, investors withdrew $14.83 Billion out of U.S. equity funds, which is the largest outflow since June 15. We may be … Read More
The Yen Is Trash…For Now?
We are pretty much watching history unfold in the foreign exchange market, as virtually every currency against the dollar is getting absolutely upended. Who would’ve thought?! Most notably, though, the … Read More
From Jackson Hole With Love
As anticipated by many, the maestro Jerome Powell delivered a pain-inflicting talk at Jackson Hole two Fridays ago which sent quite literally everybody into a frenzy, and sent markets capitulating … Read More
L’s Pile on For Melvin Capital in New SEC Investigation
After announcing earlier in May that the hedge fund would officially close its doors, Melvin Capital now gets hit with the SEC investigation into its fund’s “risk management strategy”, or … Read More
TTYL Inflation; Welcome Recession
We have presumably reached peak inflation, as Wednesday’s July CPI report was unchanged month to month, but remained 8.5% YoY. This marked the end of a 16-month streak of monthly … Read More
Fed Put Incoming?
With the Fed expected to deliver another 75bps rate hike this week to quell the inflationary shitstorm they unleashed out of Pandora’s Box, investors are betting that the Fed will … Read More
Banks With A Bang
The banks are back! For anyone that may have missed it, bank stocks went on a tear today (July 15th, 2022) with JPM, MS, and GS up about 4.5% each … Read More
Coal Is The New Black Gold
Coal is making an absolute resurgence, as supply constraints for natural gas & oil in the wake of the Russia/Ukraine conflict are shifting countries’ sources for power generation. The bulk … Read More