A Disgusted Nikki Haley Quits Boeing’s Board In Protest Over Bailout Demand
ZeroHedge - Mar 19th 2020 10:05pm EDTA Disgusted Nikki Haley Quits Boeing’s Board In Protest Over Bailout Demand While Boeing’s shareholders await to see if they will be granted a taxpayer-funded bailout, or if all those billions they greedily pocketed from the company’s stock buybacks instead of forcing the company to allocate toward a rainy day fund may have doomed if […]
US Equity Futures Tumble After California State-Wide ‘Stay At Home’ Order
ZeroHedge - Mar 19th 2020 9:53pm EDT US Equity Futures Tumble After California State-Wide ‘Stay At Home’ Order Having been ramped up to unchanged from post-close lows, news that CA Governor Newsom has issued a state-wide “stay at home” order, futures tumbled… Dow futures are down over 300 points… It’s Quad Witch tomorrow so we should expect plenty of high gamma swings […]Alphabet Soup: CPFF, PDCF And MMLF Down; TAF, TSLF, MMIFF And TALF To Go
ZeroHedge - Mar 19th 2020 9:35pm EDT Alphabet Soup: CPFF, PDCF And MMLF Down; TAF, TSLF, MMIFF And TALF To Go Authored by Phillip Marey of Rabobank Summary On Sunday, the Fed set the discount window and the USD liquidity swap lines with 5 key central banks further open. On Tuesday, the Fed relaunched the CPFF and a few hours later the […]Newsom: 56% Of Californians To Be Infected With COVID-19 Within Eight Weeks
ZeroHedge - Mar 19th 2020 9:15pm EDT Newsom: 56% Of Californians To Be Infected With COVID-19 Within Eight Weeks California Governor Gavin Newsom says that an estimated 56% of the state’s population – some 25.5 million people – will be infected with coronavirus within the next eight weeks. Newsom made the sobering claim in a Wednesday letter to President Trump asking for […]BMO: The Market Ponders If This Is “The Spanish Flu” Or “The Great Depression”
ZeroHedge - Mar 19th 2020 8:55pm EDT BMO: The Market Ponders If This Is “The Spanish Flu” Or “The Great Depression” For the past week, it’s been virtually non-stop: one central bank after another has fired a bazooka, rushing to frontrun its peers in hopes of big impact, only to find no response from the market, forcing it to fire another, even […]“Obey” – Covid-19 Global Lockdown & ‘Disaster Capitalism’
ZeroHedge - Mar 19th 2020 8:35pm EDT “Obey” – Covid-19 Global Lockdown & ‘Disaster Capitalism’ Authored (satirically) by CJ Hopkins via Off-Guardian.org, Let’s try a little thought experiment. Just for fun. To pass the time while we’re indefinitely locked down inside our homes, compulsively checking the Covid-19 “active cases” and “total death” count, washing our hands every twenty minutes, and attempting not […]Kyle Bass Refuses To Say “COVID-19” To Virtue-Signaling CNBC Anchor, Claims Value Investing Finally Back
ZeroHedge - Mar 19th 2020 8:15pm EDT Kyle Bass Refuses To Say “COVID-19” To Virtue-Signaling CNBC Anchor, Claims Value Investing Finally Back Kyle Bass, founder of Hayman Capital Management, took to CNBC yesterday for an interview about the investing landscape as a result of the coronavirus outbreak and the subsequent sharp sell off in markets. Bass talked about value investing, real estate, […]The Problem With Pragmatism… And Inflation
ZeroHedge - Mar 19th 2020 7:55pm EDT The Problem With Pragmatism… And Inflation Authored by Michael Lebowitz via RealInvestmentAdvice.com, Pragmatism is seeking immediate solutions with little to no consideration for the longer-term benefits and consequences. An excellent example of this is the Social Security system in the United States. In the Depression-era, a government-sponsored savings plan was established to “solve” for lack […]The “Risk Parity-Negative Gamma-CTA” Feedback Loop
ZeroHedge - Mar 19th 2020 7:35pm EDT The “Risk Parity-Negative Gamma-CTA” Feedback Loop Authored by Ryan Fitzmaurice of Rabobank Summary So far 2020 is off to a volatile start with out-sized moves observed across asset-classes. Many, if not all, of today’s prominent strategies utilize a volatility-adjusted position sizing method of some sort Markets have been suffering from feedback loops as volatility driven […]The Home Lockdown Survival Guide – Staying Healthy, Sane, & Solvent During The COVID-19 Crisis
ZeroHedge - Mar 19th 2020 7:15pm EDT The Home Lockdown Survival Guide – Staying Healthy, Sane, & Solvent During The COVID-19 Crisis Authored by Adam Taggart via PeakProsperity.com, Lockdowns are rippling across the world this week, with an accelerating number of cities, counties — and entire countries — issuing mandatory ‘shelter in place’ orders. Whether you saw this coming or not (and […]