We are continuing to hit all-time highs in new cases globally as the pandemic shows no signs of moderation.
Not only is our lifestyle on back-order, so is our sanity.Yesterday I mentioned our collective inability to make sense of the contradictory messages of the status quo and our own experience. This inability to reconcile completely contradictory mes…
Then it’s the trader’s enema. Trading ranges are meat grinders. The edges are often not well defined.
The abyss between the Fed’s illusion of phantom wealth for Wall Street and the collapse of Main Street is bottomless, and our descent into the abyss is accelerating.I know this runs counter to every dominant narrative, but a vaccine doesn’t really matt…
Term and Type: 2-Year FRN
High Discount Margin: 0.055%
Total Accepted: $26,727,449,700
Term and Type: 7-Year Note
High Yield: 0.446%
Total Accepted: $49,000,106,200
Term and Type: 42-Day Bill
CMB: Yes
High Rate: 0.100%
Total Accepted: $30,000,251,200
Term and Type: 120-Day Bill
CMB: Yes
High Rate: 0.110%
Investment Rate: 0.112%
Macro liquidity is growing at a historically rapid pace, but much slower than in the second quarter. And there are signs of trouble brewing. Here’s what they are and what to do about them.
New York | This week The Institutional Risk Analyst reaffirms our negative view of The Goldman Sachs Group (NYSE:GS). The securities firm with a small…