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Former Fed governor: the credibility argument amounts to people posting mean tweets
5 arguments: Why core CPI has round-tripped to pre-pandemic levels, what the term premium says about the bond selloff, and the part of the economy that…
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HSBC's multi-asset chief: almost 45 Nasdaq 100 names have lost 10 points of multiple
4 calls: Why 100bps of Fed hikes is already in the price, what the systematic funds are flashing against everyone else, and the line on the chart he…
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Ex-BofA rates chief: 5.25% on the 10-year is where the AI trade breaks, not 6%
18 calls: Why he thinks Trump has to ban Chinese AI models before Anthropic's IPO, the $1.3T secondary bid against a $2T ask, and the oil trade he set…
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HSBC gold analyst: central banks' gold is now worth more than their Treasuries
8 takeaways: Why gold sold off after the strike on Iran instead of rallying with oil, what 20 years of central bank selling explains, and the price he…
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Beach Point's high yield head: the hyperscaler bond deals are priced as if they are identical
5 arguments: Why he has avoided the AI debt entirely, what floating rate does if the Fed hikes, and the thing about private credit nobody can aggregate
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Mizuho strategist: a one-and-done hike takes the 10-year to 5.25% and then 5.5%
5 predictions: Why he reads Jackson Hole as a change in the Fed's model of inflation, what the savings rate has already done, and the three-to-four…
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Fidelity's first foreign fund manager: AI is the biggest misallocation in history
6 arguments: Why he says the cash flows do not exist, what the Treasury Secretary and the Bank of England have in common, and the one advice he would…
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Apollo's chief economist: the global savings glut has become a savings shortage
10 takeaways: Why he says AI will not take jobs while business creation is at a record, the 4 hikes the market now prices, and the reason value beats…
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Semis fell 29% in a month and the setup is worse now, says Niles Investment Management
5 calls: Why he has a lot of shorts on into the midterms, the one megacap he is long at 17 times earnings, and the reason he thinks 6% on the 10-year is…
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Nvidia has become a defensive asset, says the chart analyst who runs the WRTH ETF
12 calls: Why he would pair long Nvidia against a short in the SOX, the Amazon strangle he sold for 16.95% annualized, and the 7-9% drop in crude one…
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BlackRock's fixed income CIO: the Fed will hike, and it will not touch inflation
9 calls: What 100bps of rate rises costs the US government, the 7.2% he is getting inside three years, and why he now grades equities a B minus
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Shadowridge CIO: the 8 months from the midterms to June have never been negative
12 predictions: Why he expects the market to shrug off a rate rise this week, the oil price that caps the rally, and the 40-year cycle he says makes…
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