Some Words Of Comfort For Everyone Panicking This Morning

Some Words Of Comfort For Everyone Panicking This Morning

  Watching the market’s panicked reaction this morning as the reality of the recent surge in first breakevens then real yields, is finally appreciated by the “cubic zirconium” hands, the momentum chasing algos and the puking CTAs, can’t help...
China Sidelines US As EU’s New Top Trading Partner

China Sidelines US As EU’s New Top Trading Partner

  For the first time, China has officially become the European Union’s top trading partner, trumping the United States, which has long held that status. According to the EU’s statistics office, Eurostat, last year, mostly impacted by the coronavirus pandemic but...
The Only Reason To Be “Bearish” Is “No One Is Bearish”

The Only Reason To Be “Bearish” Is “No One Is Bearish”

  I had to do a double-take recently when reading a CNBC headline that stated: “The only reason to be bearish is there’s no reason to be bearish.” It is indeed hard to argue the point. As the article explained: “A majority of investors finally agree the V-shaped...
What NASA landing on Mars means for business on Earth

What NASA landing on Mars means for business on Earth

  Yesterday marked the end of the Perseverance rover’s 300m mile journey to Mars and the start of a 687-day mission to better understand whether the planet would make for a nice place to live. Costs for development and operation of the rover will likely total $2.4B… …...
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