Monthly Archives: August 2022

As risk markets have rebounded over the past month, FOMO has resumed with retail flows moving back to the sketchiest and over-valued securities and shorts being forced to buy back positions. The basket of most-shorted stocks tracked by Goldman Sachs … Continue reading →

As stocks rebound on disinflation data and hope for less central bank tightening, the tech-heavy Nasdaq is +21% from its June low but remains -18% from its November high. Meanwhile, commodity speculators are back to bidding up prices even as … Continue reading →

This morning (so far), stocks and bonds are rebounding on relief that US CPI in July eased to 8.5% (consensus forecast was 8.7%) from 9.1% in June, suggesting that the US Fed may hike less than 75 bps in September. … Continue reading →