"It rather goes beyond the realm of one man's opinion in his case. What we are seeing here is a mask coming off... Twitter finally admitting that it's an operation all about actively promoting left-wingery, as the continuous bans and shadow-bans of conservatives show"
... the most important risk to the business cycle in our view is the potential stress in US corporate balance sheets, particularly in the context of a further rise in real rates. Hence, we recommend that you keep your seat belts fastened.
The Fed may have to “sell more securities,” and “as all asset prices adjust to a new and maybe not-so-positive environment,” there’s “a risk that volatile and declining markets can lead to market panic.”
The arrest by Germany of Catalonia’s exiled former President, Carles Puigdemont, follows on a German tradition of tracking down and imprisoning political opponents of the “regime du jour” in Madrid since the fascist putsch launched by Generalissimo Francisco Franco in 1936.
As Beijing flexes its naval war muscle in a South China Sea "show of force", the US is preparing for a naval drill of its own, with the Pentagon deploying an unprecedented three carrier battle groups to the region.
"All other fiat currencies take their value from the dollar, not gold. So, the destabilising forces on the dollar, the other unexpected side of Triffin’s dilemma, could take down the whole fiat complex as well..."
“When you have a fully digital system you have no weapon to defend yourself if someone turns it off...If Putin invades, it will be enough for him to turn off the payments system."
"I just dotn have the time to do it.. but i do it a lot in the aftermakete. i f..k the m[ar]k[e]t around a lot...not alot of people...had it figgied out...thats [sic] why i love electronic trading.”
"China has been on a wild tear heading straight for the economic edge of the planet - that is, monetary Terra Incognito - based on the circular principle of borrowing, building and borrowing...And it is that house of cards that the Donald has now frontally attacked."
While many factors deserve merit, we argue that the most prominent driver of the LIBOR-OIS spread's surge is the drastic change in policy of the central banks...
Q2 “pain trade”: best “pain trade” now long US$, short EM; DXY requires protectionism to hit PMIs and/or surge in wages to break decisively higher (i.e. >91)
Smaller lenders are always the first to go - when the larger lenders start to feel the pain as well, we'll have a full blown crisis that we can no longer willfully ignore.
The US Treasury Department has announced sanctions against seven Russian oligarchs and 17 top Russian government officials as well as 14 entities including private and state-owned firms.
