No Bad News is Good News, For Now With the Fed in the rear view mirror(?), the trade dispute rhetoric appearing to be cooling off (could change with one tweet, though), and the geopolitical headlines not portending the sky falling off…markets are sporting a buoyant bias this morning. In the absence of major macro drivers (more…)
Results of Published Model Trades for THU 09/19 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) (please click here to view (more…)
Spike in Overnight Funding Rates an Anomaly or the Tip of the Iceberg? The Fed has announced their operation in the overnight funding market today morning to arrest the spike in their rates – third time in as many days. The last time they had to do this was in 2008. Observers are scratching their (more…)
Results of Published Model Trades for WED 09/18 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) (please click here to view (more…)
Interest Rates and Powell to Trump Everything Else Today The geopolitical scenario hasn’t changed dramatically over the last couple of days, but the markets’ focus will be entirely on the FOMC rate decision and outlook today. While the 25 basis point cut is almost a given, the outlook for future rate cuts is going to (more…)
Results of Published Model Trades for TUE 09/17 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) (please click here to view (more…)
Oil and Geopolitics to Trump the Fed this Week? – Day 2 The Saudi Refinery attack over the weekend sent the Oil prices to the stratosphere yesterday, and the geopolitical tensions surrounding Iran are rising. Yet, the price action in equities has not been as panicky as one would expect, possibly owing to an underlying (more…)
Oil and Geopolitics to Trump the Fed this Week? The Saudi Refinery attack over the weekend is sending Oil prices to the stratosphere overnight, and the geopolitical tensions surrounding Iran are rising. Yet, the overnight action in equity futures is not as panicky as one would expect, possibly owing to an underlying “optimism” that the (more…)
The Race to The Bottom! The ECB’s announcement on their interest rates and the bond buying program coupled with Trump’s demands to follow suit are indications of an unprecedented territory of global negative rates in the not too distant future (Japan has already been there for a while). With no assets around yielding decent returns, (more…)
When The Nation’s Leaders Engage in their “Boneheadedness” Even on Such a Solemn Day… Most of the nation is scratching their heads and searching their souls in embarrassment and pain with the President’s tweet about the “boneheads” at Fed, on the morning of such a solemn day as the 9/11! Is our national fabric changed (more…)
