Volatility

"People Ask, Where's The Leverage This Time?" - Eric Peters Answers

“The leverage is in risk parity strategies. There is greater duration and structural leverage... People move from senior-secured debt to unsecured. They buy 10yr Italian telecom debt instead of 5yr. This time, the rise in system-wide risk is not explicit leverage, it is implicit leverage.”

Goldman Reveals Its Top Trade Recommendations For 2018

1. Short 10-year US Treasuries; 2. Go long EUR/JPY; 3. Go long the MSCI EM stock market index; 4. Go long EUR 5-year 5-year forward inflation; 5. Go long the EMBI Global Index against short the US High Yield iBoxx Index; 6. Own diversifed, and hedged, Asian growth: Long INR, IDR, KRW vs. short SGD and JPY. 7. Go long global growth, non-oil commodity beta: long BRL, CLP, PEN vs. short USD.

Futures Jump, Global Stocks Rebound From Longest Losing Streak Of The Year

After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on Thursday, sending US futures higher after several days of losses as global stocks rebounded following a Chinese commodity-driven rout. 

Why Pound Volatility Is Here To Stay

"This time BOE Governor Carney has stressed the importance of the divorce talks to monetary policy. And the turmoil in Westminster means the current impasse in negotiations may continue into 2018, making sure sterling remains very sensitive to Brexit headlines."

The Unbearable Slowness Of Fourth Turnings, Part 2

"Thus far, those constituting the Deep State hierarchy have fended off their demise...It is clear they have reached the peak of financial manipulation, money printing, and artificial interest rate suppression. The narrative is faltering. Their last and final option to retain power is war."