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TME Weekend: All caught up

Real swap rates at 14 year high. Who cares?

Real swap rate reaches 14-year high, first break above 1.25% in this rate hike cycle. But honestly, it has been more or less at this lever for quite a while now and it does not seem to derail equities.

Source: Macrobond

All caught up

Source: Goldman

Gigantic Gamma

Source: Goldman

Beta blocker

Source: BofA Quant

Seasonality: September not bad in a bull market

Source: ISG

SPX ex Big AI

Source: Macrobond

Europe: "flat & flat"

One rule to rule them all

Source: Tony P