Topic
Blog
A collection of 109 issues
Blog: Flash US PMI-More bad news
Blog: "The End is nigh" (of Fed tightening), but don't believe it.
Blog: The Fractal Market Hypothesis remains in force as "everything moves in tandem"
Blog: A Fool's Hope
Blog: Is Stagflation Here?
Blog: "Minsky Moment" risks are rising
Blog: Inflation trend is still up
While there was quite a to-do in the markets today because headline inflation didn't fall back as much as expected, worse news was that underlying "core" inflation was universally up continuing an unbroken trend. I'm not talking about the "ex-food and energy"
Blog: The MOVE Index is not what it seems
The MOVE index is widely misunderstood. It's based on the implied volatility of a 20/20/40/20 combination of 2,5,10 and 30 year treasuries and then translated into basis points. But most still interpret it like the VIX. When the MOVE is high, it means
Blog: "Soft Landing" is off the table
A Bloomberg article today mentioned that Powell has dismissed the possibility of a "soft landing" and is now going for a "growth recession" which sounds like an oxymoron. But it seems to mean that they're hoping for a mild contraction which still does not