Inside the VIX Engine of Destruction
Here’s how contagion from volatility derivatives transmits to the equity markets.
Dow ends 567 points higher after rebounding from 'correction' territory
Donald Luskin, chief investment officer at TrendMacro, offers a simpler reason why stocks eventually stop going down. “It halts once the algos and investors run out of stuff to sell,” he said, adding that a rebound gives investors “hope ... and that starts the healing.”
Crash Without a Cause?
Stocks got cheaper because they got riskier, and risker because they got cheaper. That’s all?
The macroeconomic impact of the US tax reform
It’s Just the Reflation Trade, People!
Overdue and inevitable. The animal spirits driving the bond back-up is all good for stocks.
Global PMI - 2018-02-04
We’re allowed to enjoy a movie
The Trump Growth Machine
On the January Jobs Report and the Yield Back-Up
Fake news! Wage growth actually slowed last month, and rising yields don’t mean a tighter Fed.