Reports about regulators (including the SEC in the US and the FCA in the UK) grilling the banks involved in the Archegos Capital Management blow up emerged just days after the $20 […]
Treasuries are under meaningful pressure as the 1.624% yield peak in 10s comes into range. There was no definitive trigger other than the usual suspects of reopening optimism, supply indigestion, and SLR expiration […]
A major hurdle to the adoption of bitcoin is that while the average person may be at least open to the idea that fiat money is not the ideal, they still struggle to […]
Sometime trading really is this easy. Literally minutes after we predicted last night that it was just a matter of time before central banks step in to halt the rout. Beijing did […]
Bond yields spiked. The stock market threw a tantrum. Reuters analyst Dhara Ranasinghe called it “a tussle over borrowing costs.” The Fed won round 1, thanks to a little help from the Aussies. But even […]
Lately not a session seems to pass without some “exciting”, unexpected event forcing momentum to reverse course, and sure enough following the best day for US stocks since June, overnight futures dropped […]
Bitcoin has soared back above $48,000 this morning, after crashing near a $42,000 handle over the weekend, following Congress’ passing of Biden’s stimulus package. “In the US a $1.9 trillion stimulus package […]
On Tuesday, we pointed out something which we hoped was only unintentionally ironic: at the same time as the first day of Jay Powell’s highly anticipated Congressional Testimony (which, to loosely paraphrase […]
After a week when everyone was focusing on the i) blowout in bond yields and ii) how much worse it could (and would) get, it got worse on Monday, when the 10Y […]
A school principal has pledged to reskill residents of Barracks Road, Hart Street, and adjoining neighbourhoods in St James through the Universal Service Fund’s (USF) $10-million investment in a newly commissioned computer […]
