Polemic's Pains

The FOMC once again managed to surprise the markets. This time by being a bit more hawkish than expected. This fit in with the feeling I’v...

Since the Fed no hike decision and the ECB 'likely cut' press conference, it is looking as though markets are pricing interest rate...

Cor blimey governor. That’s a cool $4 trillion added to the world's stock market values in the last four weeks. I must thank @Groditi fo...

One thing that we should have learned over the past few years is that that expecting central bank action is like expecting the Spanish Inqui...

There is a lot of concern that liquidity in some markets is so dire it could lead to some serious meltdowns. Eyes have been on High Yield vi...

QE - Nice idea but the whole process was like trickling water down a pile of sand, most of it got lost on the way down the slope due to see...

There is a word that has the same effect upon me as a taser. Well, let's be honest here, I haven't actually been tasered, though I d...

“2001 - a  SPX Oddity" grew to become the David Bowie song a 'SPX oddity' But it is all the more pertinent with a Mr Mike Novog...

It started with oil It bled into commodity types and FTSE. The US meantime tried to fight it with volatility also having a...

Last Thursday's market close was of interest to me. If we look at the SPX ( but any major index would do) we had an explosive lift off t...

Continuing from yesterday's post on 'Pain in the Hedge’ there have been lots of blow outs of popular shorts and as expected oil thin...

When I hear long term reasons for short term positions being rolled out as long term reasons for hopefully short term positions that finally...

Are you so wrong it hurts? Or were you just so so right with your Fed and NFP calls? As regular readers will have surmised I am a huge ...

It's that time of the month again when reasoned thought is replaced with illogical emotional outbursts and shouting and tears. Where h...

I have been travelling to places where the real world appears a million miles away, where legions of white shirted chino clad lackeys are t...

The fixing of emissions by VW strikes me as comparable to bank fixing scandals.   The rules were in place but, as with any regulation,...

Opinion is split over the Fed decision though I would suggest the split is not even.  My first thoughts were - - If the Fed wer...

Okokokokok I’ll play. It’s a bit like going along to a sports event that you have no interest in just because all your friends are going....

I’m back from two weeks of bliss on a boat. The holiday was disaster free and ranks as one of the best ever. Croatia is a dream and remarkab...