The Heisenberg Report | TalkMarkets | Page 3
Contributor's Links: The Heisenberg Report
Perhaps more than any other time in the last six decades, the fate of markets is inextricably intertwined with the ebb and flow of geopolitics. From the ECB's attempts to use the central bank's balance sheet to influence political outcomes across the eurozone to Saudi Arabia's efforts ...more

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Italian Assets Crushed As Populists Upend Budget Talks At Last Minute
Predictably, the fraught Italian budget negotiations went off the rails at the last minute on Thursday, casting further doubt on the country’s fiscal trajectory.
As Yields Rise, The Ghost Of Diversification Desperation Comes Calling
In light of the burgeoning Treasury selloff, you can probably expect the old stock-bond return correlation debate to start heating up again.
In India, ‘Another Fed-Induced Tightening Tantrum’
India has been forced to hike this year in an effort to stay out ahead of the Fed and as with other EM central banks that have adopted a similarly cautious approach, it’s a trade-off.
‘Yields On The March!’ Reflecting On The Latest Bond Selloff
Folks did not in fact ignore the latest bond selloff. Everyone was just more focused on the dollar taking a breather because dollar weakness is more important from a near-term perspective as it helps relieve pressure on emerging market assets.
Don’t Look Now, But Chinese Stocks Just Logged A Monster Weekly Gain
The Shanghai Composite went into this week sitting near its 2016 low, a level authorities have been keen on defending this year amid the ongoing malaise in Chinese equities.
China Trolls Trump, Will Slash Tariffs On Imports From ‘Majority’ Of Trade Partners
Well, China is going to go ahead an cut the average tariff rate on most of its trading partners, in a bid to boost imports and ensure consumer prices don’t rise amid the trade war with the U.S.
Is The Reflation Trade Back? Not According To One Bank
Is the reflation trade back? You might be inclined to think so based on the rise in 10Y yields over the past couple of sessions and more specifically, based on breakevens.
Goldman: 'Greater Than 50% Chance' Trump Goes All In On China By 2019
Market participants appear to be scratching their heads on Tuesday at the muted reaction across global equities to the latest escalation on the trade front from the Trump administration.
January All Over Again?
Midway through last month, as emerging markets crumbled amid the collapse of the Turkish lira, it became abundantly clear that the dollar needed to take a breather if U.S. equities were going to escape unscathed from the latest bout of EM weakness.
In Europe, Credit Investors Search For A Liquidity Oasis
According to a sweeping new piece from BofAML, credit investors are worried about liquidity.
Is Janet Yellen Just Trolling Donald Trump Now?
Donald Trump has lamented the fact that relatively hawkish Fed policy is indirectly helping America’s trade partners weather the tariff storm.
This Hasn’t Happened In 10 Years: S&P 500 Buybacks Edition
Who could have seen this coming? For the first time in a decade, buybacks account for the biggest share of corporate cash use by S&P 500 companies.
Goldman’s Bull/Bear Indicator Hits 49-Year High: Here’s The Whole Story On That
Goldman’s “Bull/Bear Market Risk Indicator” is sitting at its highest level since 1969, and because that sounds scary and also some semblance of authoritative, I guess it means I’ve got to feature it.
Here Is Goldman’s ‘Cross Currents’ List For The S&P This Fall
Goldman expects U.S. stocks to “trade sideways”, at least until the midterms. Their year-end target remains unchanged at 2,850, which is essentially another “sideways” call. For what it’s worth, the bank’s 2019 year-end forecast is 3,000.
Jobs Report Beats And Wage Inflation Is Comin’ In Hot, Folks
The US economy added 201,000 jobs in August in another strong month of hiring.
Here’s What Happens To Stocks If Trump Comes Out Guns Blazin’ With 25% Tariffs On China
Everybody wants to maintain their bullish outlook on U.S. stocks because after all, being bearish on U.S. equities hasn’t exactly paid off this year.
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