SurlyTrader's blog

The rather amusing and broadly cited economic fact is that US growth has become more robust and we should only expect a “tailwind” from lower gas prices that will put more dollars in the US consumers’ pockets , but 3 charts might indicate a less optimistic outcome.

Central Banks shorting Gold and Silver to preserve their status as Masters of the Universe.

A steep yield curve induces investors to borrow at cheap shorter rates and buy riskier assets to earn a spread.  Party on while the Fed provides the punch bowl.  Maybe this time the volatility will come even before the Fed eases off the pedal?

Are the S&P 500 and VIX right while the Russell and Treasury Rates are Dumb?

Is the runup in the Nikkei the result of effective central bank intervention or the spasms before the collapse?

Is high yield the new risk-free asset class...

Is the low implied volatility a harbinger of good things to come, or just one final act in luring the sheep to the yield chasing slaughter...