Sven Henrich

The Fed is IT

Please don’t anybody act surprised by today’s rally. We were oversold, we hit key technical pivots and a bounce was due, but the trigger was well advertised in advance. 13 Fed speakers […]

Collapse

Let’s call a spade a spade: The month of May was a month of collapse. Collapse in bullish narratives, collapse in trade talks, collapse in yields, collapse in technical structures, collapse in […]

Intervention

Sorry no weekend video this weekend, instead I just wanted to offer some commentary on some of the macro charts I recently posted on twitter. The larger message of all of these […]

The Slow Down

Remember all that talk of optimism in Q1 and into April? It came easy after markets rallied hard following the Fed caving. The Q1 slowdown was just temporary, it’s going to be […]