(USTs MIXED on strong volumes)while WE slept; MATH: Bill + Bill = Bond BID? ; What FedFunds AREN'T tellin' us (Dudley); "Bill and Bill's Big Adventure in Treasuries Land"
(USTs MIXED on strong volumes)while WE slept; MATH: Bill + Bill = Bond BID? ; What FedFunds AREN'T tellin' us (Dudley); "Bill and Bill's Big Adventure in Treasuries Land"
Good morning … 10s have a peak peek over 5% and took a step back from the ‘edge of the abyss’, Note the turn then cross of stochastics (bottom panel) which is something you’ll find I lean on quite a bit as I have learned ‘math’ from some of the best in the biz. Leading or lagging indicator — you can decide — it coincides with most recent attempt at / ABOVE 5% and combination of the math of the moment as well as psychologically important level obtained, well, someone(s) threw the ‘challenge flag’ and we pause …
Have heard Bill Gross on MacAlveny podcast a couple of times, always seemed very insightful. Have never heard about his Pimco & Janus adventures. I continue to relearn the lesson of giving some folks much too much presumed credibility. Amazing analysis & content, my day feels incomplete until I read my daily BondBeat, THANK YOU!
Gundlach acts as IF the king but the term was Bill Gross's ... started out in Vegas counting cards and started PIMCO was ... how to say ... a savant? May in fact be on the spectrum (thinking that book written recently lays that out) but to say brilliant and a bit out there would be understatement ... and an excellent golfer i'm told. I never met HIM but have a few friends who worked with him while there back in the day ...
Have heard Bill Gross on MacAlveny podcast a couple of times, always seemed very insightful. Have never heard about his Pimco & Janus adventures. I continue to relearn the lesson of giving some folks much too much presumed credibility. Amazing analysis & content, my day feels incomplete until I read my daily BondBeat, THANK YOU!
Gundlach acts as IF the king but the term was Bill Gross's ... started out in Vegas counting cards and started PIMCO was ... how to say ... a savant? May in fact be on the spectrum (thinking that book written recently lays that out) but to say brilliant and a bit out there would be understatement ... and an excellent golfer i'm told. I never met HIM but have a few friends who worked with him while there back in the day ...
Excellent article !!!!
Famous WS adage: " they don't ring a bell at the top"....but we did hear some famous Traders say
Enough is Enough.... as you describe so beautifully...
Thought I heard Bill Gross talk about some unspecified Economic data pointing to an imminent Recession......wonder what the were ???
I think back to Mr Lacy's video......
Do you ever watch the Credit Default Swaps on the Large and Regional Banks ???
Wonder how they are looking??? Rising ???
I don't know those symbols.....
Maybe 5 % will be significant resistance....
Heard another Money Manager..Sri something...talking about, even though the Fed doesn't
directly control the Long End of the Bond Market, they were in jeopardy of losing control of it.
He seemed pretty worried that if rates continued meaningfully higher, something was going to
break and soon.....
It seems strange to me that we can have a 4% GDP Q3 and yet slow meaningfully into Q4.
I can somewhat see post Christmas Q1 being slower.... but the economy appears to have some
momentum, with all due respect to Bill, Bill and Mr Lacy.
VERY UNCLEAR...
Glad the Bond Fever has broken, even if it's only TRANSITORY......Oops....
MATH....is a four letter word!