PERPETUAL MONETIZATION & MARKETS (OR WHY FUNDAMENTALS DON’T MATTER, LIQUIDITY DOES) A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE SOURCE: 01-06-19 – Chris Hamilton, Econimica blog, – “Monetization & Markets (Or Why Fundamentals Don’t Matter, Liquidity Does)” YOUR MATASII RESEARCH TAKEAWAYS: The market rebound following Christmas was preceded by the largest monetization since […]
MATA Studies Liquidity
2019 OUTLOOK: TRAPPED BY LIQUIDITY & DEBT SATURATION
2019 OUTLOOK: TRAPPED BY LIQUIDITY & DEBT SATURATION A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE SOURCE: 01-06-19 – Via DLacalle.com- “Last Year Was Not An Anomaly. Outlook For 2019: Trapped by Liquidity” YOUR MATASII RESEARCH TAKEAWAYS: The reality is Debt Saturation. More Debt generates less Growth and higher Risk. The vast majority […]
MARKETS ARE ALL ABOUT FLOWS
MARKETS ARE ALL ABOUT FLOWS A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE SOURCE: 01-03-19 – GoldMoney, Alasdair Macleod- “Markets are all about flows” YOUR MATASII RESEARCH TAKEAWAYS: CREDIT CYCLE – Initially Credit Cycle Inflates then Subsequently Deflates (Drains) Financials We must assess the pace of monetary expansion (Supply) relative to the Demand […]
WE HAVE AN ALARMING NEGATIVE REINFORCING FEEDBACK LOOP UNDERWAY BETWEEN LIQUIDITY, VOLUME & VOLATILITY
WE HAVE AN ALARMING NEGATIVE REINFORCING FEEDBACK LOOP UNDERWAY BETWEEN LIQUIDITY, VOLUME & VOLATILITY A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE SOURCE: 01-04-19 – “Why The Real Market Chaos Is Yet To Come: A Surprising Take From Goldman Sachs” YOUR MATASII RESEARCH TAKEAWAYS: Liquidity has become to a large extent driven by […]
THE MARKET’S PROBLEM IS LIQUIDITY – MEANING GLOBAL MONEY, INCLUDING COLLATERAL FLOWS
THE MARKET’S PROBLEM IS LIQUIDITY – MEANING GLOBAL MONEY, INCLUDING COLLATERAL FLOWS A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE SOURCE: 01-02-19 – Alhambra, Jeff Snider – “Nothing To See Here, It’s Just Everything” YOUR MATASII RESEARCH TAKEAWAYS: The market problem is liquidity. Meaning global money (including collateral flow), Current Financial Market Actions […]
WHY HAS GLOBAL LIQUIDITY CRASHED AGAIN?
WHY HAS GLOBAL LIQUIDITY CRASHED AGAIN? A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE SOURCE: 01-02-19 – CrossBorder Capital, Michael Howell – “Why Has Global Liquidity Crashed Again?” YOUR MATASII RESEARCH TAKEAWAYS: High debt levels always demand high liquidity to facilitate re-financing. The current credit squeeze looks more like the 1997/98 Asian Crisis […]
YIELD CURVE GOES NUTS IN YEAR-END LIQUIDITY CHAOS
YIELD CURVE GOES NUTS IN YEAR-END LIQUIDITY CHAOS A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE 01-01-19 – “Repo Rate Soars Most On Record As Yield Curve Goes Nuts In Year-End Liquidity Chaos” MATASII TAKEAWAYS: Confirming the need for cash, on the last day of 2018, 17 counterparties took only $41.8BN at the […]
ACCELERATING CREDIT LIQUIDATION WITH BOTH IG & HY SPREADS BLOWING OUT
ACCELERATING CREDIT LIQUIDATION WITH BOTH IG & HY SPREADS BLOWING OUT A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE 12-28-18 – “Credit Isn’t Buying It: Spreads Blow Out Amid Accelerating Liquidations” MATASII TAKEAWAYS: US credit spreads, which have blown out this quarter, widened even more to the highest levels since the summer of […]
THERE IS A HIGH RISK POTENTIAL OF AN UNCONTROLLED ALGO SELLING FEEDBACK LOOP
THERE IS A HIGH RISK POTENTIAL OF AN UNCONTROLLED ALGO SELLING FEEDBACK LOOP A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE 12-22-18 – “Deutsche Bank Lists The Top 30 Risks To The Market In 2019, And One Surprise” MATASII TAKEAWAYS: Due to their inability to process nuanced fundamental information HFT may trigger surprisingly […]
FED REACHES “CRUISING SPEED” OF $50B OF QT/MONTH WITH $374B ALREADY DONE
FED REACHES “CRUISING SPEED” OF $50B OF QT/MONTH WITH $374B ALREADY DONE A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE 12-07-18 – Wolf Richter – “Fed’s QE Unwind Reaches $374 Billion” MATASII TAKEAWAYS: In October the Fed reached cruising speed. In the cruising-speed phase, the Fed is scheduled to shed “up to” $30 […]