Will the Fed Cap Rates?

by Martin Armstrong QUESTION: Do you think the Fed will venture into capping the long-term rates as they did during World War II? JH ANSWER:  There is much talk that the Fed will go into yield-curve control in the near future. Some …

READ MORE

Japanification meets Robinization

The value proposition of this market now is that new, inexperienced, financially desperate traders are really excited that the market is being spurred on by massive amounts of stimulus. Japanification meets Robinization. — John Tuld (@BradHuston) June 17, 2020 If …

READ MORE

1.8trn of $SPX options expiring on Friday – making it the THIRD-largest non-December expiration on record – in additional to 230bn of SPY options and 250bn of options on SPX and SPX e-mini futures.

1.8trn of $SPX options expiring on Friday – making it the THIRD-largest non-December expiration on record – in additional to 230bn of SPY options and 250bn of options on SPX and SPX e-mini futures. H/T S.H. — Thomas Thornton (@TommyThornton) …

READ MORE

Atlanta DA Paul Howard: “A Tazer is considered as a deadly weapon under Georgia law” (but only when in the hands of a police officer, I would seem)

If it’s considered a deadly weapon, what is the point in carrying it? It would be redundant to carry it and a pistol https://twitter.com/jason_howerton/status/1273402121858187264 Fulton County DA Engaging In A ‘Political Overcharge,’ Police Will ‘Let The Streets Run Wild’ He“is …

READ MORE

Oh Yeah. Sick day?

https://twitter.com/Rockprincess818/status/1273428410707017729 It’s Spreading: Over 40 LAPD Transit Officers Call Out on Wednesday – After 43 Skipped Work on Monday Atlanta Police walk out following murder charge against officer who shot Rayshard Brooks. Police officers had stopped answering calls midshift. “Apparently …

READ MORE