Loading ...During the last five trading days, volume in put options has lagged volume in call options by 43.88% as investors make bullish bets in their portfolios. This is among the lowest levels of put buying seen during the last two years, indicating extreme greed on the part of investors.
Last changed Sep 9 from a Neutral rating
Updated Sep 18 at 12:39pm
Stocks bonds and real estate should be included in money supply. So, if everything is in reverse, those assets that are used as money, should gradually lose status or function of money. A store of value.
yeah 2nd day and short dated Dollars are a mess….they were over bid by $ 5 billion, which means someone is short of $ 5 Billion….reading some posts. no-one has a clue as to why..as one said, is it 1 big fish like DB or are loads of fish in trouble…but trouble is what it is, seeing as this is the 2nd day and the amount has near doubled.
The result of inflation (increase in money supply) used to be called “Too much money chasing too few goods.” These days we have too much unspent excess unneeded surplus money, in the wrong hands, chasing too few US gov’t Bonds.
I think the massive inflation everyone talks about already happened gradually from 1913, the Dollar lost 98% of its value. If everything is in reverse, (my observation after the ’08 crash) maybe the its time for the US Dollar (and gold) MONEY, to gain value.
Maybe its time for all those long term Bond investors (and real estate investors) to get their teeth kicked in with higher rates. And have to hold Bonds to maturity to MAYBE get their money back?
ZH all over the overnight Repo action again. They seem to sense something is breaking but you sure can’t see it in the stock market. Another day of smooth sailing courtesy of the algo’s.
Not really liking the action in pm’s even though gold is up a bit. Shares seem to be smelling a hit coming. Hope I’m wrong as always.
Russia Detains Over 160 N.Korean Sailors After Attack On Border Patrol Boat
It’s the second major Russia-North Korea incident on the high seas in as many months: on Tuesday a clash between North Korean fishermen and Russian border patrol ships in the Sea of Japan ended in an exchange of fire and 161 North Koreans held captive.
The North Korean vessels, described as poachers given they were said to be fishing in Russian economic territory, were halted by Russian border patrol, after which one of the North Korean boats opened fire on the Russians, which wounded at least three border patrol guards.
Victoria Gold: Eagle Mine’s First Gold Pour Completed on Tuesday, September 17, 2019
https://ceo.ca/@nasdaq/victoria-gold-eagle-mines-first-gold-pour-completed
I have an outlier view of inflation. Contrary to the debt-will-overwhelm-us crowd, I believe the next great financial crisis will not be a deflationary shock, but a return of inflation no one is positioned for. Don’t assume I am a hyper-inflationary doomsayer though. At first the inflation will feel great. It’s not until much later will it actually cause any real problems for the economy.
Don’t bother sending me chuffed emails about how inflation will never return in our current environment of the three D’s – debt, demographics and deflation due to technological innovation. I have heard them all. Your insistence they will overwhelm the financial system will only reinforce my belief that these worries are fully priced in.
And please don’t send me your philosophical arguments about how inflation is immoral and will hurt group blah-blah-blah the worst. You could be correct, but I am not here to decide what should be, rather what will be.
One of these days, society will wake up to the understanding that monetary policy is ineffective at kick-starting the economy and fiscal stimulus will begin in earnest. It will be effective. Too effective. For a variety of reasons it will seem like a free lunch…. at least for a while.
Now don’t get me wrong. It will be abused. Just like monetary policy has been abused (negative rates throughout much of the world is an abomination we should be ashamed of), fiscal stimulus will be taken too far.
Right or wrong, that’s my call. You might debate different points, but I believe a return of inflation is the best long-term macro risk reward trade out there. Hands down. No other trade even comes close to offering this payoff asymmetry.
Yet how do you play it? What’s the trade that will benefit if I am correct?
https://www.themacrotourist.com/posts/2019/09/17/breakevens/
Health fears prompt Swiss 5G revolt
Switzerland was among the first countries to begin deploying 5G, but health fears over radiation from the antennas that carry the next-generation mobile technology have sparked a nationwide revolt.
Demonstrators against the technology are due to fill the streets of Bern later this month, but already a number of cantons have been pressured to put planned constructions of 5G-compatible antennae on ice.
The technology has been swept up in the deepening trade war between China and the United States, which has tried to rein in Chinese giant Huawei — the world’s leader in superfast 5G equipment — over fears it will allow Beijing to spy on communications from countries that use its products and services.
But far from the clash of the titans, a growing number of Swiss are voicing alarm at possible health effects from exposure to the electromagnetic rays radiating from the new antennae, and are threatening to put the issue to a referendum in the country famous for its direct democratic system.
more https://news.yahoo.com/health-fears-prompt-swiss-5g-revolt-050428328.html
Bond traders are natural SM Bears, especially when the mkt is so frothy….they tend to be v conservative investors.
As I said nothing is being allowed to disturb the supposed calm around the Saudi news. which is a joke .
Interesting. ZH certainly does seem to have some knowledgeable writers, even if the spin is largely bearish. Whatever happened yesterday in the Repo markets doesn’t appear to have spread into this morning.
Believe it or not, I kind of like to see pm’s flat to down before a Fed announcement. Guess we have to look for a .25 cut and see what they say. If they do a .50 it will be a big surprise and I would think super bullish for pm’s. Interesting to see rates down the last couple of days leading into the announcement. If they do a .25 that could change…
ZH is very likely written by some ex bond traders, as they are v good on all aspects of the Bond mkt, even really tough technical stuff. So what is going on in the short term Dollar mkt, is a huge flag to them….as I said before because everyone thinks the Fed will bail ’em all out, no other mkts react anymore…for now…plus the scum have it all on total lockdown, since the Saudi news….I mean look at prices they have barely moved from Sunday night…..a total joke.
So market crashes except oil? Oil fields burn prices go up, food prices follow. Borderline income family’s on a budget can’t feed their kids afford enough formula for their babies or themselves. What comes next gas lines like the 70s? That was a pain. I remember buying cans of baby formula for a woman who had twins in those times. And we we aren’t even sure who did it.
