Turning on a Paradigm
This post is by Mark Dow Very few things rouse the rabble as much as an ideological debate. And over...
Nothing brings out buyers like higher prices, and other short stories
This post is by Mark Dow
DXY, a dollar index, looks like it has started to break down. At my firm, Pharo, we have been whispering on the trading desk over the last two days that this was looking increasingly likely. The implications are positive for risky assets. Markets play a lot of tricks on investors,...
Beat Down
I have a couple of themes on which I wanted to post, but they will most likely have to wait for later. The market, in the words of the E*Trade commercial, is issuing me a bit of a beat down today, and I have to focus on a little risk management. C’est la vie….
Weekly Federal Reserve balance sheet update
This post is by Mark Dow
This just hit my inbox, from the research team at Barclays. Since we’ve talked a fair amount of late about the Fed balance sheet, I thought I’d pass it on.
“Weekly Federal Reserve balance sheet update
Usage of the various Federal Reserve liquidity programs continues to erode as outstanding loan amounts...
Chinese Handcuffs? No, Chinese trade deficit
This is Mark Dow. Brad is away.
China has become the obsession that Japan was back in the 80s. And rightly so. It is a huge place, with a robust secular growth force underlying it (remember the conditional convergence growth hypothesis?). Rumors of China doing this or that have become a daily staple of the market.
Lately,...
