We’ve had another nice bounce, and once again, some are wondering if we’ve seen the bottom of the ... Read More


The CPI Disaster

The market, appropriately, focuses on Core CPI, because that’s what the Fed says they look at. Core CPI saw ... Read More


Hope Springs Eternal

Way back in July, we got to a level of stress historically consistent with the Fed coming in to save ... Read More


Managing the Chaos

We’ve had quite a bit of chaos of late, between non-Fed banks shifting a little towards protecting their economies ... Read More


Fed Pivot?

The BoJ pivoted with their repeated yen interventions and the BoE intervened to bail out pension funds. Perhaps the Fed ... Read More


What Would You Say You Do Here?

Clearly, things are getting exciting in asset-land. Unfortunately, exciting usually isn’t a good sign when it comes to asset ... Read More



I don’t intend this blog to be a weekly blow-by-blow of what’s going on in the market, but ... Read More


Shall We Dance?

Where do markets go from here? It seems like there are a lot of strongly held ideas out there, but ... Read More