Episode 1239
Big moves across the risk markets this week. Bitcoin and crypto hammered. Repo back on the menu. WTI full contango (briefly). Plus, top officials at the New York Fed soft confirming the start of the …
Published on 3 weeks, 3 days ago
Episode 1238
Flat Beveridge strikes again. You know the drill. We’ve been stuck in forgot how to grow and its no-hire/no-fire labor market the past few years. That began to change last year, especially last summe…
Published on 3 weeks, 5 days ago
Episode 1237
The collapse and bankruptcy of another private credit supported firm has generated significant losses this week. But as I pointed out last week with the shuttered UBS sponsored hedge funds, it isn’t …
Published on 3 weeks, 6 days ago
Episode 1236
Fast food chain Wendy's said it’s closing hundreds more US locations than previously announced because customers can’t afford to eat there. It fits with what McDonalds US President said last week abo…
Published on 4 weeks ago
Episode 1235
The federal government may be opening back up but the administration floating a tariff dividend is the real news here. It’s yet another dose of reality showing the stock market is not that reality. A…
Published on 4 weeks, 1 day ago
Episode 1234
CarMax sacked their CEO after preannouncing just brutal results for an industry already reeling and at the epicenter of the current ongoing breakdown in credit markets. The stock plunged 25% Thursday…
Published on 1 month ago
Episode 1233
UBS is reportedly closing down not one but two hedge funds, in a more that raises a lot of questions but also some very uncomfortable parallels to 2007. One of those funds is exposed to First Brands,…
Published on 1 month ago
Episode 1232
The most October job cuts in over twenty years. More than October 2008, if you’re keeping score. While that doesn’t mean this is a repeat of 2008, can we all finally admit this is a really serious si…
Published on 1 month ago
Episode 1231
The dollar is accelerating and not in the direction most people were anticipating, to the point it has rattled the entire cryptocurrency space. That’s why cryptocurrencies like Bitcoin just got hit w…
Published on 1 month ago
Episode 1230
Not only is retail giant Target not committing to the big seasonal hiring it always does, the company is actually laying off nearly 2000 of its corporate staff in its biggest management and job shake…
Published on 1 month ago
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