Category Archives: Bonds

QOTD: Paul Tudor Jones

“We are in the throes of a burgeoning financial bubble.  If I had a choice between holding a U.S. Treasury bond or a hot burning coal in my hand, I would choose the coal.” – Paul Tudor Jones  (QOTD = … Continue reading

Posted in Bonds, Quote of the Day | Tagged , , | Leave a comment

Impressive Win For The Bulls

  That was impressive. The hot CPI and weak retail sales data hits the tape at 8:30 eastern, S&P500 futures trade down 48.25 points or 1.8 percent in a Jackie Moon moment,  bounces around for about 20 minutes, then takes … Continue reading

Posted in Bonds, Equities, Uncategorized | Tagged , , | Leave a comment

Watch These Levels

Is that it?  Is the sell-off over, new highs on the short-tem horizon? Nobody knows.  The recovery is a process and unfolds one step tick at a time. In our last Week In Review post, we noted, Only three times … Continue reading

Posted in Bonds, Equities, Uncategorized | Tagged , | 49 Comments

Just Another Day At The Office

Wola-freakin’-tility! The Dow traded in a 1,022 point, or 4.3 percent, intraday range today.  That is emerging market volatility, folks. What a close to an ugly week and a bookend win to the week for the bulls. Classic double bottom … Continue reading

Posted in Algos, Bonds, Equities, Uncategorized | Tagged , , | Leave a comment

Watch These Spaces

It seems like an eternity since our January 28th Sunday night post, Watch This Space. The S&P500 had closed at the high of the day on Friday and also what was the high of 2018. We warned to watch the … Continue reading

Posted in Bonds, Currency, Global Stock Performance, Uncategorized | Tagged , , , | 66 Comments

Another Streak Snappled

Whoa! Dow down 666 to close a week in which we saw a rare Super Blue Blood Moon.   Sure to bring out the false “profits” [sic], now watching for an earthquake and great fire to turn the sun black. … Continue reading

Posted in Bonds, Equities, Uncategorized | Tagged , | Leave a comment

Bonds Behaving Badly

We began the week with our Watch This Space post: Because the eurozone is where the big bond bubble lives. Though the euro periphery is now in Convergence 2.0 mode on hopes of eMac’s vision of a more integrated ‘zone, … Continue reading

Posted in Black Swan Watch, Bonds, Equities, Uncategorized | Tagged , , | Leave a comment

Alan Greenspan On The “Twin Bubbles”

We suspect the duration and resolution of the twin bubbles will be a bit more complicated than the dot.com and credit/housing bubble — i.e., a swift waterfall collapse followed by a sharp rebound driven by the Federal Reserve to even … Continue reading

Posted in Bonds, Equities, Uncategorized | Tagged , , , , | 48 Comments

Watch This Space…

Because the eurozone is where the big bond bubble lives. Though the euro periphery is now in Convergence 2.0 mode on hopes of eMac’s vision of a more integrated ‘zone, the German 10-year is at a critical level, and yields … Continue reading

Posted in Bonds, Equities, German Bund, Uncategorized | Tagged , , | 11 Comments

Dangerous Gambit Out Of Davos

We woke to a comment out of Davos that surprised both us and the market. The U.S. Treasury Secretary, Steven Mnuchin, broke from tradition and welcomed a weaker dollar. “Obviously a weaker dollar is good for us as it relates … Continue reading

Posted in Bonds, Dollar, Uncategorized | Tagged , , , , , | 12 Comments