REPRICING OF RISK SUGGESTS AN INITIAL MARKET SUPPORT LEVEL AN ADDENDUM TO MARCH 2020 LONGWave VIDEO (Links below active for Subscribers Only) A Historic Repricing of Risk is Underway. In this months LONGWave we discuss this in the form of exploding: Protection Costs: Credit Default Swaps Risk Pricing: Volatility (VIX) Yield […]
MATASII TARGETS – JUNE 2019 SUBSCRIBER CONTENT ONLY SUBSCRIPTION OPTION DETAIL
INFLATION FOR GOODS AND SERVICES CONTINUES TO TELL TWO DIFFERENT STORIES We continue to receive confirmations of our thesis that inflation is in services and hidden in goods via statistical trickery such as substitution, hedonics and imputation. We laid this out in our recent video: The Supply Demand Services Problem. The just released Producer Price […]
WHAT ARE THE CHANCES OF THIS RALLY CONTINUING? For the equity market to keep rallying: The Fed has to cut rates quickly and decisively, The trade war needs to be resolved, The economy needs to keep humming, and Global trade needs to pick up. How do you like those odds? With markets now pricing in […]
LONG TERM SHANGHAI COMPOSITE CHARTS TELL THE TRADE WAR STORY The 5 Month EMA is breaking the 13 Month EMA. This now has the 5 below the 13 which is below the 21 Monthly EMA. Every time this has previously happened the Shanghai Composite has suffered a massive drop over the following few months. What […]
BONDS OVERHEATING BUT VIX STILL SUBDUED?? Equity vol currently remains subdued … SOURCE: MATASII – Gordon T Long … WHILE Bond vol explodes higher as global investors look for safety in an environment of plummeting global trade and escalating & expanding Trade Wars. CHART SUBSCRIBER CONTENT ONLY The collapse in yields have the central bankers […]
RATE DIFFERENTIALS & CSPP STOPPAGE PLACE THE EU IN A PRECARIOUS POSITION A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE MATASII SYNTHESIS NOTES: EUROZONE SUBSCRIBER CONTENT ONLY SUBSCRIPTION OPTION DETAIL
CHINESE CREDIT GROWTH AT LOWEST ON RECORD IS LATEST SHOCK TO PBOC A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS & PUBLIC ACCESS) READERS REFERENCE MATASII TAKEAWAYS: Latest money and credit data (even under the latest and broadest definition) saw October money and credit data sharply on the downside, mainly due to the ripple effects of the […]
FOLLOWING THE ETF FLOWS TO UNDERSTAND WHAT HAPPENED IN OCTOBER? MATASII TAKEAWAYS: ETF investors turned positive on US stocks in the last week, ETF investor bias in US equities is now solidly in the “Value” camp, October’s volatility … Japanese equities saw …. October’s volatility significantly ….. Let’s start with a little myth-busting: contrary to […]
WILL THE EXIT FROM THE “BUYBACK WINDOW” SAVE THE MARKET IN THE NEAR TERM? MATASII TAKEAWAYS: ASSUMPTIONS: In the absence of outflows and further positioning cuts, which would require incrementally more negative news at a time when much of the future adversity appears to be priced in, CONCLUSION: Buybacks should – according to both Goldman […]
