sellside (sell 5s on 'fly or buy them? depends WHO you read; its different this time -MS), hikes NOT bad for bond portfolio, positions, BUYBACKs and econ indicators in the week ahead
Good afternoon. HERE is a (goog)doc with a few snippets and links where possible, through TO what the sellside is sellin’.
WEEKLY closes are more important than daily ones and MONTHLY closes (and TLINES) are incrementally MORE important.
I’ll refer back to THIS POST (3 TLINES worth 1000 words) from Friday when April comes knockin’ …
In the meanwhile, global Wall Street has kindly spent some time filling our inboxes over the weekend with ideas, spin, macro-nomic views and strategy that may help you pass some of the time inbetween games this afternoon.
Not all good information is highly guarded and I’d urge you to consider this from @AndreasStenoLarsen) who tweeted this one out Thursday,
In addition TO what the sellside is sellin’, I’d offer a couple / few OTHER things I am going to (re)read and consider as I’m watching hoops this afternoon.
In the case you missed this one from Wednesday, it truly is some sight beyond sight.
A few OTHER things which caught MY eyes and which I’ll read as I’m watching some hoops,
POSITIONS UPDATE (via InvestMacro)
Bonds Speculators continue to raise Eurodollar bearish bets to 170-week high
Highlighting the COT bonds data is the steady rise in the Eurodollar bearish bets. Eurodollar futures speculator bets fell for a second consecutive week and for the fourth time in the past five weeks…
PS: Raghuram G. Rajan: Economic Weapons of Mass Destruction. This week at Project Syndicate, Raghuram G. Rajan examines the risks raised by the economic weaponry that has been unleashed on Russia … Because Russia's war against Ukraine could not go unpunished, the use of painful, sweeping economic sanctions is clearly justified. In the future, though, these powerful new tools will need to be subject to proper controls; otherwise, they could trigger a reversal of globalization – and of the prosperity that it has made possible…
A few charts
And finally, a couple calendars of economic indicators so that you can plan your trades and trade your plans accordingly (IF you believe in FUNduhmentals).
First up is this calendar,
Here’s what / how JEFF will be watchin’
I HOPE you don’t find these updates fit into this category …
and I apologize if you do … that’s all for now. Enjoy what is left of your Sunday … Until we meet again and learn whatever it was that happened while we slept…