
Fed Panics, Announces "Coordinated" Daily US Dollar Swap Lines To Ease Banking Crisis
• https://www.zerohedge.com by Tyler Durden"The market stops panicking when central banks start panicking"
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"The market stops panicking when central banks start panicking"
Since Technocrats demonstrably have it in for Capitalism and Free Market Economics, is it conceivable that they would intentionally pull the tripwire on the gargantuan derivative market? The size of this obscure market is well over 1 quadrillion doll
Shaken by last weekend's two major bank failures in the United States and a wobbly week for Credit Suisse, investors are shifting assets from prime money market funds -- which emphasize corporate debt -- to money funds focusing on government securiti
Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907.
Expectations were great.
Highlights from Tesla's first Investor Day, and unveiling Elon Musk's Master Plan Part 3.
US equity rebounded from Tuesday's month-end pension and CTA selling boosted by overnight news that China's economy was roaring back sparked growth optimism and outweighed concerns about sticky inflation that could keep the Fed on its hawkish path.
Nearly half the options on S&P 500 stocks as well as on SPY and QQQ have maturities of less than 24 hours.
Tl;dr: Inflation accelerated on a monthly basis.
...as the bubble enters its 'final phase'
The following chart suggests the stock market still has an outsized influence on the economy. In theory, the market capitalization to GDP ratio should be a mean reverting time series.
Yesterday I illustrated how the "inflation has peaked" narrative is a myth. By quick way of review:
Happy Chinese New Year! Kung Hei Fat Choi/Gong Xi Fa Cai/Sing Zia Ju-i!
The slow but steady implosion of global bond markets is no longer a debate but fact. Knowing this, investors can better brace themselves for the policy and market reactions to come.
Howard Marks of Oaktree Capital put out a note to clients sometime ago, "I Beg to Differ" and the below paragraph in particular resonated with me.
JPMorgan and Morgan Stanley are among fund managers facing withdrawal requests as property values decline.
The world and his pet rabbit appear to believe that a 'soft landing' is imminent and 'peak inflation = peak Fed tightening' and so this week saw financial conditions loosen dramatically.
Silver jumps 5% Platinum, palladium rally U.S. housing data falls 0.5% in Nov.
The latest Treasury International Capital flows data (for October) shows, total overseas holdings of US Treasuries (by majors) tumbled once again (by $111.5 billion) to $7.185 trillion in October - the lowest level since May 2021...
Stocks fell sharply Thursday after new data showed retail sales declined more than expected in November, raising fears that the Federal Reserve's relentless interest rate hikes are tipping the economy into a recession.
Stocks Have "Considerably More Downside" & Commodities Have A "Brand New Tailwind" In 2023
Update: Tesla shares have been on a rollercoaster ride this morning. First, Bloomberg cited multiple sources that said the company's Shanghai plant was set to reduce output. On that news, shares dropped more than 5%.
After 12 years of a liquidity-fueled, Fed-induced bull market, are the markets set to start another "secular" bear market? In an interview with the Financial Times, Boaz Weinstein, founder of Saba Capital Management, suggested such.
As those who have been following the How BlackRock Conquered the World series know by now, BlackRock, Inc. started out as an asset management subsidiary of investment giant The Blackstone Group, but quickly spun off into its own entity.
Markets have rallied since we got cooler-than-expected CPI data for October. But in his podcast, Peter Schiff said we are in the eye of the inflation hurricane, and investors have been lulled into a false sense of security.
Markets have rallied since we got cooler-than-expected CPI data for October. But in his podcast, Peter Schiff said we are in the eye of the inflation hurricane, and investors have been lulled into a false sense of security.
Three months ago, Michael Burry, who will forever be memorialized in the annals of market history as the "Big Short", shocked markets when after a series of extremely bearish statements...
Following the collapse of Sam Bankman-Fried's FTX crypto exchange, wiping out hundreds of billions of dollars in crypto market value (and spilling over into broader equity markets), with risks mounting that other exchanges could see similar bank runs
To address the large and complex challenges of climate change and the transition to a more sustainable economy, NYSE and Intrinsic Exchange Group (IEG) are pioneering a new asset class based on nature and the benefits that nature provides (termed eco
...to Commoditize The Planet's Resources!