Since a little bit of action Sunday night/early Monday, markets have traded with complete lethargy but clearly risk off. That…
Read MoreAuthor: Matthew Carinato
risk off to end October, positioning the theme ahead of busy next week (Monday)
Markets resumed trading on Sunday night better to risk averse on the combination of stalling stimulus negotiations in Washington and…
Read MoreDollar assets under pressure, fixed income more so than rest…. (Wednesday)
USD assets are a sea of red this morning, for a number of reasons. The early trade in Asia was…
Read Morebig risk-on bid to start the week, but cracks are already emerging….(Monday)
Risk on globally, with sentiment buoyed by better forward-looking data in China (even if GDP missed badly), hopes for a…
Read Moreholes in the dam showing up everywhere these days….. (Thursday)
Risk off remains the theme today, igniter being the discord over a stimulus package despite Mnuchin comments late in the…
Read Morequick update after bank earnings and ahead of PPI (Wednesday)
Markets are watching bank earnings (BofA, GS, WFC) and waiting on PPI at 8:30 AM ET, which needs a strong…
Read Morethis week’s bear steepener continues into Balloon Tuesday
Treasuries have resumed their fairly impressive bear steepening, risk on rally that began yesterday and has been re-energized since NY…
Read Morebetter to risk so far with zero conviction but that can’t be a surprise (Monday)
After the 5:04 PM headlines from Friday afternoon, fear and sentiment eased markedly by the time we reopened last night….
Read Morerisk on leads holiday-quieted markets to wrap up this boring month! (Monday)
The Chinese holidays, “Mid Autumn Fest” today, and the Yom Kippur holiday have both helped to keep volume and activity…
Read Moreinteresting announcement by BoE upsets apple cart, adding to risk off…(Thurs)
Risk off has been a theme since after the FOMC announcement yesterday, and that has continued into the US open…
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