It's been a very long time since the Alternative Universe Newswire (AUN) got an airing in this space, but the headlines around the Irel...
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Dollar-yen in a prom dress
Crazy, indeed. While yesterday was pretty quiet courtesy of the UK holiday and the start of the tennis in New York, the rates market could...
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...and now for something completely different
It's finally Fedapalooza today, with the headline act kicking off at 10 am NY time. Markets have been frozen in anticipation of this sp...
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The lowest vol in a lifetime
It says everything you need to know about the nature of this market that yesterday's 11-point swoon in the SPX felt like a proper downdr...
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Musings on the flatness of the ED curve
Yesterday Macro Man posted a couple of charts illustrating just how flat the Eurodollar curve is. Both the front end and belly of the money...
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Wheeler asks the questions: will Yellen answer?
If the Fed's Jackson Hole conference is the main course of the monetary policy week, RBNZ governor Graham Wheeler cooked up a tasty appe...
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Down the hole?
It's Jackson Hole week, and markets are at least slightly abuzz at a speech given by Stan Fischer wherein he observed that the Fed is cl...
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Five Friday bullet points
* Yesterday, Macro Man cited Greenspan's "irrational exuberance" speech. Of course, less than two years later he was cutting...
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The cool kids' table
"[Esther George] believed that by waiting longer to adjust the policy stance and deviating from the appropriate path to policy normaliz...
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Show me the money
Although it remains the dog days of summer, yesterday was fairly interesting in its own way. Not only did global equities have the temerit...
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Pump up the volume?
Another day, another all time high in the SPX. The quiet grind of the last month has really been quite astonishing; the freefall of the fi...
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Five things to note on payroll day
1. The BOE kitchen sinks it. Well, Carney evidently felt obliged to make up for lost time, as the Old Lady unveiled a "comprehensi...
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The resistible force meets the movable object
The big day is finally here, and perhaps finally Mr. Eriksson Mr. Capello Mr. Carney will earn some of the magnificent sums that have bee...
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Divvy thoughts
If yesterday was a reminder that there is risk in "risk parity", it probably didn't come before time. From the shellacking in...
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The one chart that everyone's talking about
If there is one chart out there that everyone is talking about (or should be), it's the one pictured below depicting the relative perfor...
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