Fed Announces “Enhanced” Central Bank Swap Lines To Ease Dollar Funding Shortage With the Fed throwing the kitchen sink at the global dollar funding shortage problem, and failing to make much of a dent on the renewed surge in the dollar, last night we said that we expect even more aggressive swap lines with global […]
Putin Won’t Blink First: Putin Rejects Potential US ‘Intervention’ In Russia-Saudi Oil War “We do not think that anyone should intervene in these relations,” the Russian presidency’s office stated Friday of its “good relationship” and “partnership” with the Saudis, hitting back at Trump’s comments on the emerging oil-price war. Yesterday President Trump described the Saudi-Russia oil price […]
“There’s Nothing Left To Sell” – Nomura Sees Today’s Quad Witch Ending The ‘Mechanical Sell Flow’ It’s ‘quad witch’ today, Historically, quad-witch weeks have meant a collapse in vol and surge in stocks – no matter what the news. But, this week (and last) has been different, to say the least… However, as Nomura’s Charlie […]
Blain: Why “We’re Still Only In The First Phase” Of This Chaos Authored by Bill Blain via MorningPorridge.com, “How beauteous mankind is! O brave new world that has such people in it..” This is a very strange world we find ourselves in. There is literally too much to write about in terms of how the […]
There’ll Be “Close To Zero” New Virus Cases By April, Elon Musk Tweets, Says Children Are “Essentially Immune” Today in news of double standards… While Zero Hedge remains banned from Twitter for suggesting that a Chinese level-4 biolab experimenting with bat coronavirus (which is 96% genetically identical to COVID-19) – located roughly 900 feet from the Wuhan […]
Saxo: Have Global Equities Turned A Corner? Submitted by Peter Garnry, Head of Equity Strategy, Saxo Bank Summary: European equities are up 17% from yesterday’s lows as risk-on sentiment is coming back as oil is rebounding. We are following EURNOK today as key risk indicators as stronger NOK comes with increasing confidence in liquidity, improved […]
Quad-Witching Craze: Futures Blast Off, Nasdaq Limit Up… But Can It Stick After a week of vomit-inducing limit up, limit down market moves, the week is set to end with another rollerocoaster bang, as the notorious gamma-slashing quadruple witching – the expiration of options and futures contacts – coincides with the ongoing market volatility. Having […]
How To React As People Lose Their Heads In Extreme Market Uncertainty Authored by Dan Rasmussen via Verdad, We are in the midst of a significant market drawdown. These types of market panics have historically happened about once every decade, with this being the sharpest sell-off in the S&P 500 since 2009. As people around us are […]
Hong Kong Reports Largest Surge In Infections Yet As Experts Warn ” We’re On The Edge Of All-Out War” With COVID-19: Live Updates When historians look back at this time, we suspect that California Gov. Gavin Newsom’s landmark decision to order more than 40 million Californians to remain at home on Thursday night will be […]
Martial Law France: Citizens Forced To Fill Out Form Every Time They Leave Home Authored by Paul Joseph Watson via Summit News, The coronavirus lockdown in France literally forces citizens to ‘show their papers’; They have to fill out a form explaining why they are outside and present it to police. A translation of the […]