Existing picks, all longs, held up pretty well in last week’s selling. 3 of them dipped below their stops, with gains in two of the three. The newest pick, XXXX (subscribers), added last Monday, did surprisingly well. This week, I’m adding one long and three shorts.
Put differently, the ‘rich’ world is getting vaccinated (albeit with some variation in the rates), while the emerging markets and middle-income economies remain well behind on vaccinations curve. Which means there is continued threat of a global pandemic re-igniting
It was a fascinating set up. A pivotal FOMC meeting two days ahead of quarterly “quadruple witch” expiration of options and other derivatives. Option expiration-related volatility used to be largely confined to the equities market. But with ETFs tak…
The only dynamic that’s even faintly “capitalist” about America’s Crony-Socialism is the price of political corruption is still a “market.”
A forecast by the Boston Consulting Group has forecast substantial increases in the investable wealth of the world’s ultra rich. ‘Ultra High Net Worth’ individuals are defined as those with wealth of at least $100 million. When it comes to the places w…
New analysis from the UK’s Office for National Statistics shows the share of people in the country that have been vaccinated against Covid-19 and were since infected with the virus. As our infographic shows, the BioNTech and AstraZeneca vaccines have s…
It never gets old, does it?
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
In light of the new federal holiday, Juneteenth National Independence Day, falling on a Saturday in 2021, the Securities Industry and Financial Markets Association (SIFMA) is not recommending a fixed income market close and U.S. dollar funding markets …
TIPS auction results