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What happens when the moratorium decree ends?
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What happens when the moratorium decree ends?

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‘Nominal ISM’ only higher in Apr 2004. Two months later, 10Y CMT was +140 bps y/y.
market

‘Nominal ISM’ only higher in Apr 2004. Two months later, 10Y CMT was +140 bps y/y.

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#GC_F Tiptoeing through the raindrops.
market

#GC_F Tiptoeing through the raindrops.

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Relative valuation of some tech names.
market

Relative valuation of some tech names.

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Retail Sales Summary
market

Retail Sales Summary

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US Banking, Total System Liquidity, %12M By our calculation, rate of change has halved since May. T
market

US Banking, Total System Liquidity, %12M By our calculation, rate of change has halved since May. T

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Bank Credit Growth
market

Bank Credit Growth

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#CL_F Weekly Momentum highest in 13 years.
market

#CL_F Weekly Momentum highest in 13 years.

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#NQ_F Concerning.
market

#NQ_F Concerning.

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#UB_F Not sure setting shorts 1 year and 49 points later is a good strategy. The inflation frenzy se
market

#UB_F Not sure setting shorts 1 year and 49 points later is a good strategy. The inflation frenzy se

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