Neueste Heute 28.05.2024 27.05.2024
Bond Traders' Angst Around Election Time Higher Than For Stocks
28.05.2024, 21:02 Uhr. ZeroHedge News - https: - Bond Traders' Angst Around Election Time Higher Than For Stocks Authored by Garfield Reynolds via Bloomberg, Even in an environment where implied volatility readings are grinding lower, there’s some noticeable angst appearing around the November US elections. Bond traders look much more uncertain about the outlook for six months ahead than they...
Hedge Funds Split Over Stocks' Move From Here
28.05.2024, 16:20 Uhr. ZeroHedge News - https: - Hedge Funds Split Over Stocks' Move From Here Authored by Simon White, Bloomberg macro strategist, CTAs are getting shorter the stock market while long/short equity funds have been getting longer. The last time this happened, in November, long/short funds were positioned correctly, with the market rallying over the next five months. CTAs, or managed...
The Fed Vs. The Treasury: All Roads Lead To Inflation
27.05.2024, 22:21 Uhr. ZeroHedge News - https: - The Fed Vs. The Treasury: All Roads Lead To Inflation Via SchiffGold.com, In the fight against inflation, is it the Fed or the Treasury that calls the shots? The answer is, it’s both. The Fed raises interest rates to make loans less attractive and bring inflation down, but The Treasury has its own set of magic tricks to artificially “stimulate”...
Yield Hunt in Sub-3% Era Makes Chinese Market More Volatile
27.05.2024, 17:22 Uhr. ZeroHedge News - https: - Yield Hunt in Sub-3% Era Makes Chinese Market More Volatile By Charlie Zhu and Helen Sun, Bloomberg markets live reporters and strategists Three things we learned last week: 1. China’s first ultra-long special bonds had a dramatic debut in the exchange market, showcasing retail investors’ thirst for higher yields. The 30-year notes were expected...
Yields Will Stay Higher For Longer With Commodities
27.05.2024, 15:00 Uhr. ZeroHedge News - https: - Yields Will Stay Higher For Longer With Commodities By Garfield Reynolds, Bloomberg Markets Live reporter and strategist Surging commodity prices are threatening to bring inflation back through a door that investors thought central banks had slammed shut. That’s bringing yields higher, but the structural boost to fiscal spending that is helping drive...
Would Returning To The Gold Standard Resolve Our Most Pressing Monetary Problems?
26.05.2024, 15:55 Uhr. ZeroHedge News - https: - Would Returning To The Gold Standard Resolve Our Most Pressing Monetary Problems? Authored by Charles Hugh Smith via OfTwoMinds blog, We all know the problem with fiat currency: the temptation to print more currency is irresistible, but ultimately destructive. Money in all its forms attracts quasi-religious beliefs and convictions. This makes it difficult...
The Risk Of Recession Isn't Zero
24.05.2024, 14:19 Uhr. ZeroHedge News - https: - The Risk Of Recession Isn't Zero Authored by Lance Roberts via RealInvestmentAdvice.com, As we discussed recently, Wall Street economists increasingly believe the risk of recession has fallen sharply. To wit: “Economists don’t think the economy will get even close to a recession. In January, they, on average, forecast sub-1% growth in each of...
Futures Rebound After Thursday Rout As Rate Cut Expectations Fade
24.05.2024, 13:57 Uhr. ZeroHedge News - https: - Futures Rebound After Thursday Rout As Rate Cut Expectations Fade After Thursday's rout, which saw the overbought S&P first hit an all time high before traders suddenly dumped everything (following hotter than expected PMI and Initial claims reports has further delayed expectations for the Fed's first rate hike ostensibly to December) to buy Nvidia...
S&P To Open At All-Time High After Blowout Nvidia Earnings Spike Global Markets
23.05.2024, 14:00 Uhr. ZeroHedge News - https: - S&P To Open At All-Time High After Blowout Nvidia Earnings Spike Global Markets Global markets rallied and US equity futures are sharply higher, poised to push the S&P to a new all time high, after blowout earnings from Nvidia reassured investors that the global artificial-intelligence juggernaut will keep powering equity markets. As of 7:30am, S&P...
The Incoming Commercial Real Estate Crisis No One Seems Prepared For
23.05.2024, 13:20 Uhr. ZeroHedge News - https: - The Incoming Commercial Real Estate Crisis No One Seems Prepared For Authored by Kevin Stocklin via The Epoch Times (emphasis ours), It has been a year since a string of U.S. regional bank failures, together with the collapse of global heavyweight Credit Suisse, caused many to fear that a major financial crisis was imminent. (Illustration by The Epoch...
Is This A Joke? Baltimore City Declares Toxic Inner Harbor "Swimmable"
23.05.2024, 04:40 Uhr. ZeroHedge News - https: - Is This A Joke? Baltimore City Declares Toxic Inner Harbor "Swimmable" No, this is not a joke. The Waterfront Partnership, led by Laurie Schwartz for nearly two decades, and Baltimore City Mayor Brandon Scott have announced that the water in the Inner Harbor—a long-standing industrial port city on the East Coast known for its history of industry...
Japanese 10Y Yield Rises Above 1% For The First Time Since 2013
22.05.2024, 23:20 Uhr. ZeroHedge News - https: - Japanese 10Y Yield Rises Above 1% For The First Time Since 2013 Slowly but surely, Japan's bond market is approaching its inevitable disintegration. With the BOJ caught in an impossible dilemma, where on one hand it is facing soaring inflation and is forced to tighten monetary policy to prop up and push the imploding yen higher in order to avoid social...
FOMC Minutes Preview: No Hike But When To Cut?
22.05.2024, 19:05 Uhr. ZeroHedge News - https: - FOMC Minutes Preview: No Hike But When To Cut? As Newsquawk writes in its Fed minutes preview, at its May meeting, the FOMC left rates unchanged at 5.25-5.50%, as expected, and announced a higher-than-expected tapering of its QT program, where the monthly cap on Treasury runoffs will be reduced from USD 60bln to USD 25bln (exp. 30bln), while the monthly...
Global Bond Market On Verge Of Selloff As Commodities Reawaken
22.05.2024, 16:45 Uhr. ZeroHedge News - https: - Global Bond Market On Verge Of Selloff As Commodities Reawaken Authored by Simon White, Bloomberg macro strategist, Aggregate bond indices are up in most countries on an annual basis. But the broadening commodity rally threatens to feed into global inflation and kickstart another bond selloff. A year ago almost all aggregate (corporate + government)...
Futures Drop, Yields Jump On Red-Hot UK Inflation, Nvidia Earnings On Deck
22.05.2024, 13:58 Uhr. ZeroHedge News - https: - Futures Drop, Yields Jump On Red-Hot UK Inflation, Nvidia Earnings On Deck US futures are lower on Nvidia day; with the stock down 56bps in premarket trading, while Mag7 and semis are also all lower pre-mkt. As of 7:20am, S&P futures are down 0.1%, just off session lows amid signs of sticky inflation that dampened bets on early interest-rate cuts; Nasdaq...
Stocks Inch Higher As Fearless Vol-Sellers Continue To Push Ahead Of NVDA/FOMC Mins
21.05.2024, 22:02 Uhr. ZeroHedge News - https: - Stocks Inch Higher As Fearless Vol-Sellers Continue To Push Ahead Of NVDA/FOMC Mins It's quiet... too quiet... Small Caps lagged on the day but the rest of the majors struggled to gain any momentum as long gamma and low vol compressed the ranges. Some early hawkish (though nothing new) remarks from Fed's Waller ("...in the absence of a significant weakening...
Global Bankers Are Suddenly Worried About The Soaring US National Debt
21.05.2024, 19:33 Uhr. ZeroHedge News - https: - Global Bankers Are Suddenly Worried About The Soaring US National Debt In January of this year JP Morgan CEO Jamie Dimon argued in an interview with Fortune Magazine that the record US debt 'Is a cliff...and we're going 60MPH towards it." He claimed that the situation was a global market rebellion waiting to happen. His comments preceded reports...
Welcome To 'Fugazy Land'
20.05.2024, 22:21 Uhr. ZeroHedge News - https: - Welcome To 'Fugazy Land' Authored by James Howard Kunstler via Kunstler.com, “The crisis of meaning only becomes a problem when society becomes resigned to it, accepts a condition of meaninglessness, and seeks to dispossess humanity from the insights and truths it learned through the ages.” - Frank Furedi Really, you must agree: just about anything...
Strategists See Best of 2024 in Rearview Mirror
20.05.2024, 16:01 Uhr. ZeroHedge News - https: - Strategists See Best of 2024 in Rearview Mirror By Michael Msika, Bloomberg Markets Live reporter and startegist The outlook for the economy and corporate profits may be improving, but that’s not enough to make strategists significantly more bullish for the rest of the year. That’s the takeaway from our monthly survey, which show European stocks...
Futures Rise, Commodities Soar After Iran's President Dies In Helicopter Crash
20.05.2024, 13:55 Uhr. ZeroHedge News - https: - Futures Rise, Commodities Soar After Iran's President Dies In Helicopter Crash Futures are higher across the board as investors shift their focus from macro to micro, following a rollercoaster week that saw stocks slide then reverse higher after a soggy CPI and retail sales print, to close at an all time high and the Dow above 40,000. AI is in focus...
Too Narrowly Focused?
20.05.2024, 01:15 Uhr. ZeroHedge News - https: - Too Narrowly Focused? By Peter Tchir of Academy Securities Too Narrowly Focused? The Citi Economic Surprise Index continues to deteriorate (worst levels in a year). Bond yields have declined (the 10-year Treasury got to 4.31% on Thursday, basically the bottom of our 4.3% to 4.5% range, and crept higher the rest of the week). Bonds in part moved on economic...
Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet
19.05.2024, 20:35 Uhr. ZeroHedge News - https: - Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet Authored by Daniel Lacalle, The money supply is rising again, and persistent inflation is not a surprise. Inflation occurs when the amount of currency increases significantly above private sector demand. For investors, the worst decision in this environment of monetary destruction...
After Sudden CEO Departure, Vanguard Taps Outsider From BlackRock
19.05.2024, 16:30 Uhr. ZeroHedge News - https: - After Sudden CEO Departure, Vanguard Taps Outsider From BlackRock After a jarringly sudden announcement of its CEO's retirement, investment giant Vanguard has tapped its first outsider to serve as the firm's fifth CEO. On July 8, Blackrock veteran Salim Ramji will take over, facing customer service challenges, uneasiness about whether an outsider will...
Chinese FX Outflows Soar To Highest Since 2015 Devaluation, Priming Next Bitcoin Surge
17.05.2024, 17:26 Uhr. ZeroHedge News - https: - Chinese FX Outflows Soar To Highest Since 2015 Devaluation, Priming Next Bitcoin Surge Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN - the single biggest monthly outflow since the 2015 currency devaluation - we concluded that the "unfavorable interest rate spread between China and the US will "likely imply...
Futures Flat In Quiet End To Torrid Week
17.05.2024, 12:53 Uhr. ZeroHedge News - https: - Futures Flat In Quiet End To Torrid Week US equity futures are flat to end a torrid week which saw all indexes hit a fresh all-time high while the terminally anachronistic Dow Jones briefly topped 40,000. Pre-market, MegaCap Tech are mixed: AMZN +20bp, MSFT +20bp, META -22bp, GOOGL -18bp. WMT is down 27bps pre-mkt, after its +7.0% rally post-earnings...
Welcome To LaLa Land As Market Jettisons Tail Risks
16.05.2024, 14:13 Uhr. ZeroHedge News - https: - Welcome To LaLa Land As Market Jettisons Tail Risks By Simon White, Bloomberg Markets Live reporter and analyst The economy is signaling a more volatile, potentially recessionary period. Markets, however, aren’t paying attention. Not only are the twin tail risks of a downturn or resurgent inflation being ignored, but a near-impossible “immaculate...
Futures Flat At All Time High As Markets Mull Next Move
16.05.2024, 13:47 Uhr. ZeroHedge News - https: - Futures Flat At All Time High As Markets Mull Next Move US index futures are flat after notching new record highs on the S&P 500 and Nasdaq 100, spurred on by a miss in the US CPI print and retail sales data on Wednesday, which also boosted bets the Federal Reserve will ease policy. That inflation data, which the market was feverishly anticipating,...
CPI Does Not Signal Re-Emergence Of Disinflationary Trend
15.05.2024, 18:05 Uhr. ZeroHedge News - https: - CPI Does Not Signal Re-Emergence Of Disinflationary Trend Authored by Simon White, Bloomberg macro strategist, Today’s CPI data shows the gap between CPI and PPI continues to rise, a proxy for profit margins. After a rise and fall through the pandemic, they are persistently rising again. Profits are positioned to be one of the main vectors of persistent...
Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool
15.05.2024, 14:00 Uhr. ZeroHedge News - https: - Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool Perhaps taking a cue from our CPI commentary last week in which we explained why today's inflation print will likely come in on the dovish side after beating estimates for 5 months in a row... ... moments ago 10Y yields plumbed fresh multi-week lows, sliding to just above 4.40% (from a high of...
US Futures Coiled Tightly Ahead Of Key CPI Print
15.05.2024, 13:31 Uhr. ZeroHedge News - https: - US Futures Coiled Tightly Ahead Of Key CPI Print Equity futures were set to hold yesterday's gains ahead of today's CPI report, but will move violently either higher or lower after today's CPI number is released, which will either validate or reject Jerome Powell’s latest signals that interest rates will be higher for longer (our CPI preview is here)...
Moving Average Crossovers Suggest The Bull Is Back
14.05.2024, 19:22 Uhr. ZeroHedge News - https: - Moving Average Crossovers Suggest The Bull Is Back Authored by Lance Roberts via RealInvestmentAdvice.com, While there is much debate over whether another bear market is imminent, weekly moving average crossovers suggest a different outcome for now. There are many current concerns, from geopolitical risk to still inverted yield curves, slowing economic...
Markets Now Face Make Or Break Inflation Data
14.05.2024, 14:22 Uhr. ZeroHedge News - https: - Markets Now Face Make Or Break Inflation Data By Michael Msika, Bloomberg markets live reporter and strategist European stocks are hovering around record highs on conviction that interest rates will come down and revive the economy, making this week’s inflation data a key to extending the rally. Monetary policies in the US and in Europe are expected...
"Markets Extremely Quiet" Ahead Of PPI, CPI, Powell Speech
14.05.2024, 12:37 Uhr. ZeroHedge News - https: - "Markets Extremely Quiet" Ahead Of PPI, CPI, Powell Speech US equity futures are flat into tomorrow's CPI/Retail Sales print with PPI the major macro data point today, while Fed Chair Powell also speaks. Futures are flat after also closing unchanged yesterday when the return of the meme stonk mania sent GME and AMC soaring, and hammered L/S hedge funds...
China's Broadest Credit Metric Just Turned Negative For The First Time Since 2005
13.05.2024, 22:40 Uhr. ZeroHedge News - https: - China's Broadest Credit Metric Just Turned Negative For The First Time Since 2005 China has lots of economic problems (even if the market has been surprisingly generous in the past 4 months and allowed Chinese stocks to surge despite any actual economic rebound or recovery), but this is a new one. It is hardly a secret that for much of the past 15 years...
Nvidia Rivals Gold As Shield Against Inflation
13.05.2024, 14:44 Uhr. ZeroHedge News - https: - Nvidia Rivals Gold As Shield Against Inflation Authored by Edward Harrison via Bloomberg, The biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey. Gold, the haven of choice for decades, is still seen as the best safeguard...
Every Four Years, Overeager Young Journalists Attempt To Trap Powell In A Jack Nicholson Moment
12.05.2024, 17:25 Uhr. ZeroHedge News - https: - Every Four Years, Overeager Young Journalists Attempt To Trap Powell In A Jack Nicholson Moment By Eric Peters, CIO of One River Asset Management “We’re always going to do what we think is the right thing for the economy,” said Jerome Powell, annoyed, but classy as always. “It’s hard enough to get the economics right here,” he explained...
The Investment "Holy Grail" Doesn’t Exist
12.05.2024, 15:05 Uhr. ZeroHedge News - https: - The Investment "Holy Grail" Doesn’t Exist Authored by Lance Roberts via realinvestmentadvice.com, When it comes to the financial markets, investors have a litany of investment vehicles to choose from. The choices are nearly unlimited, from brokered certificates of deposit to complex derivative instruments. Of course, investment vehicles’ proliferation...
Six Reasons To Own Bitcoin In Retirement
10.05.2024, 12:30 Uhr. ZeroHedge News - https: - Six Reasons To Own Bitcoin In Retirement Via BitcoinMagazine.com, For newcomers, especially those in and around retirement age, the idea of investing in or owning bitcoin can evoke reactions from skepticism to disbelief. If you look beyond the popular narratives, however, you might find there is more to the story than first impressions suggest. Here...
We Need To Talk About Recession Risk Again
09.05.2024, 18:02 Uhr. ZeroHedge News - https: - We Need To Talk About Recession Risk Again Authored by Simon White, Bloomberg macro strategist, It’s time once more to increase vigilance for a US recession. Soft, survey data is starting to deteriorate, while hard data is already fragile. Expectations of a downturn are currently low, but they could quickly swing higher. Stocks – which experience...
Stocks And Bonds Rise Together As Inflation Fears Take Backseat
09.05.2024, 16:07 Uhr. ZeroHedge News - https: - Stocks And Bonds Rise Together As Inflation Fears Take Backseat Authored by Simon White, Bloomberg macro strategist, Stocks and bonds have been rising together again, with investors getting longer of both assets. Inflation fears are taking a backseat for now, allowing lower yields to boost stock prices. Positioning data for equities shows that investors...
Gold, Stocks, & Bonds Jump As 'Bad' Jobs News Reignites Rate-Cut Hopes
09.05.2024, 15:08 Uhr. ZeroHedge News - https: - Gold, Stocks, & Bonds Jump As 'Bad' Jobs News Reignites Rate-Cut Hopes The sudden surge in initial jobless claims this morning was met with a significant across-the-market reaction (amid low levels of liquidity - Goldman noted yesterday was the quietest market day this year). Rate-cut hopes jumped... Which sent bond yields lower... ...and stocks higher...
Futures Drop As Treasury Yields Extend Gains
09.05.2024, 14:19 Uhr. ZeroHedge News - https: - Futures Drop As Treasury Yields Extend Gains US equity futures are weaker as yields resume their rise and the USD strengthens after the BOE signaled it was ready to cut rates. As of 7:45am, S&P futures were down 0.2% and Nasdaq futures dipped 0.3% as all Mag7 names and most semis were red in the premarket. Most European markets are lower, tracking US...
Bond Yields & Black Gold Bounce As Hawkish FedSpeak Slows Stocks
08.05.2024, 22:01 Uhr. ZeroHedge News - https: - Bond Yields & Black Gold Bounce As Hawkish FedSpeak Slows Stocks Mixed bag today: Macro (ugly wholesale sales print, implied gasoline demand at decade-lows ex-COVID, GDPNOW up at 4.18%?), Micro (TRIP exposed as M&A premium evaporates exposing reality of tourism business, UBER hinting at consumer pain, SHOP signaled more consumer pain, AFRM cut revenues...
US Futures Mixed As European Stocks Hit All Time High, Yields And Dollar Rise
08.05.2024, 14:26 Uhr. ZeroHedge News - https: - US Futures Mixed As European Stocks Hit All Time High, Yields And Dollar Rise US equity futures flipped between gains and losses on Wednesday while European stocks hit an all time high as May’s rally in equities continued amid a clutch of solid earnings reports. As of 7:45am, S&P 500 futures traded down 0.2%, and was near session lows reversing...
Kashkari & Consumer Credit Curtail Stock & Bond Gains
07.05.2024, 22:01 Uhr. ZeroHedge News - https: - Kashkari & Consumer Credit Curtail Stock & Bond Gains Another quiet macro day (although an ugly picture was painted late on by the unexpectedly weak revolving credit increase - potentially signaling a US consumer who really has hit their limit). Some FedSpeak wiped a little lipstick off the early pig's squeeze higher as Kashkari seemed to offer both...
Sober Gold Vs The Rate-Cut Circus Show
07.05.2024, 13:22 Uhr. ZeroHedge News - https: - Sober Gold Vs The Rate-Cut Circus Show Authored by Matthew Piepenburg via VonGreyerz.gold, Poor America. Poor Jerome Powell… A Real Cliff, Fake Smile It is no fun to be openly trapped, and even less fun to be in open decline while meekly declaring all is fine. I have the image of Uncle Sam (or Aunt Yellen) hanging off a cliff with a forced (i.e.,...
Credit Smacks Of Complacency As Spreads Collapse
07.05.2024, 12:30 Uhr. ZeroHedge News - https: - Credit Smacks Of Complacency As Spreads Collapse By James Crombie, Bloomberg Markets Live writer and strategist Wafer-thin spreads on corporate debt don’t matter — until they do. There are several potential triggers for risk premia to flare, denting credit portfolios. Spreads have collapsed across the board, from investment-grade and junk bonds...
Confidence Boost For The Fed
06.05.2024, 19:44 Uhr. ZeroHedge News - https: - Confidence Boost For The Fed By Bas van Geffen, Senior Macro Strategist at Rabobank Last Wednesday, Powell said that there had been a lack of further progress toward the Fed’s 2% inflation objective. Indeed, both the latest CPI and PCE prints had already dashed hopes that the Fed would cut rates by summer. It would, therefore, take more time for the...
Despite Powell's QTeasing, The Correction May Not Be Over Yet
06.05.2024, 17:08 Uhr. ZeroHedge News - https: - Despite Powell's QTeasing, The Correction May Not Be Over Yet Authored by Lance Roberts via RealInvestmentAdvice.com, The latest FOMC meeting caused a stock rally as Jerome Powell turned more “dovish” than expected. While Powell did note that progress on inflation has been lackluster, the announcement of the reversal of “Quantitative Tightening” (QT)...