by pentoport | Oct 28, 2019 | Commentary
October 28, 2019 This ageing bull market may soon face the third market collapse since the year 2000. Nobody can predict the exact starting date of its decline—but either a recession or stagflation will surely be its catalyst. During the next debacle, the typical...
by pentoport | Oct 14, 2019 | Commentary
October 14, 2019 The mainstream financial media is absolutely ebullient about global central banks’ renewed enthusiasm to cut interest rates to a level that is even lower than they already are. And, most importantly, Wall Street is completely confident that theses...
by pentoport | Oct 7, 2019 | Commentary
The Federal Reserve’s recent need to supply $100’s of billions in new credit for the overnight repo market underscores the condition of dollar scarcity in the global financial system. This dearth of dollars and its concomitant strength has left most market watchers...
by pentoport | Sep 30, 2019 | Commentary
September 30, 2019 The Fed has now begun to pave the way for a return to Quantitative Easing. The reason for this was the recent spike in borrowing rates in the Repo market. At his latest press, Chair Powell said this about the spike in the Effective Fed Funds and...
by pentoport | Sep 23, 2019 | Commentary
September 23, 2019 The world of fixed income trading has been extremely volatile lately. Rates have not only spiked in the Treasury market, but borrowing costs in money markets have also become extremely disconcerting. The residual effects from Quantitative...
by pentoport | Sep 9, 2019 | Commentary
September 9, 2019 One of the best examples of Wall Street’s propaganda machine at work is its willingness to dismiss recessionary signals. The inverted yield curve is a perfect example. Case in point, look at the story that was put out on Market Watch dated November...
