A Hot CPI Report Threatens Further Bear Steepening of the Yield Curve January 12, 2025 The CPI Swap market is pricing in a hot December CPI report
Global Surge In Rates Continues, As Demand For Equity Leverage Evaporates January 8, 2025 The VIX 1-Day rose sharply along with rates ahead of the December Jobs report.
Rates And Inflation Swaps Surge As Stocks Tumble On Hot Economic Data January 7, 2025 Treasury rates surged following hotter than expected JOLTS and ISM data.
Stocks Give Back Early Gains As Breadth Implodes January 6, 2025 Stocks couldn’t hold on to early gains, even with Nvidia’s big gains.
Strong U.S. Data Could Propel 10- and 30-Year Rates Towards 5% This Week January 5, 2025 This week’s data will be instrumental in shaping where interest rates go.
Stocks Crumble Amid Falling Demand For Leverage January 2, 2025 Stocks started the day higher, until the sellers showed up midday.
2025 Market Outlook: Liquidity Challenges and Rising Rates Threaten Equity Stability January 1, 2025 Explore the latest episode of Market Chronicles as host Michael Kramer analyzes the 2025 financial landscape, focusing on liquidity challenges, rising interest rates, and their potential impact on equity markets. Dive into expert insights on key economic indicators, technical patterns, and strategies to navigate the year ahead.
Stocks Drop Again As Breadth Erodes Further December 30, 2024 About 470 stocks in the S&P 500 were lower today.
Long-Term Rates Are Breaking Out Ahead of 2025, As Equity Financing Cost Plunge December 29, 2024 The 30-year interest rate closed at its highest level since November 2023.
Demand For Equity Leverage Plunges December 26, 2024 Rates hit the pause button this week after three solid Treasury Auctions.
Stocks and Rates Rise As The Yield Curve Continues to Steepen December 23, 2024 Stocks rose along with rates on light trading volumes.
Treasury Auctions This Week Could Drive Further Bear Steepening December 22, 2024 It will be a holiday-shortened trading week due to the Christmas holiday. Markets in the US will close early on Christmas Eve, December 24th, at 1 PM Eastern and remain closed all day on Wednesday, the 25th. Most markets in Europe will be closed on the 25th and 26th, while a few markets in Asia, …
The Stock Market Struggles May Only Grow Worse December 19, 2024 Stock couldn’t hold on to early gains.
The Fed’s Rate Cutting Cycle May Already Be Over December 18, 2024 The market only see one rate cut in all of 2025.
Stocks Continue To Melt As Equity Financing Cost Soar December 17, 2024 Stocks continued to move lower, as breadth continues to weaken.
The Stocks Markets Window May Be Closing December 16, 2024 It was a vol up, price up day.
A Bear Steepener For The Ages Is About To Hit Stocks December 15, 2024 Rates and the dollar could be poised to see a massive move and soon…
Rates, The Dollar, and Inflation May Be Poised For A Big Move Higher December 12, 2024 Rates, the dollar, and inflation swap pricing all continued to rise today.
Stocks, Rates, Dollar, and Volatility All Rise December 11, 2024 CPI numbers today largely came in line. But when you took a deeper look at them and rounded them out, you realize they were in line but on the hotter side of inline, meaning the year-over-year number came in at 2.7 but missed a 2.8 print by a hundredth of a percent. The …
Liquidity Strains May Be Giving A False Sense of Security To The Market December 10, 2024 QT and debt issuance may finally be straining the financial system.
VIX Index Rises As Stock Finally Cracks December 9, 2024 The VIX index was higher on as the S&P 500 finally gave back some.
The Market Is Nearing A Climactic Event Due to Liquidity Strains and Valuation Peaks December 8, 2024 It is clear there are strains in the market that are not visible to the naked eye.
Volatility May Be Returning To A Stock Market Near You December 5, 2024 The stock market finally gave back some.
Market Liquidity May Not Be As Ample As Some Believe December 4, 2024 Implied volatility moved up some today, and tightening liquidity could move it up even more.
Volatility May Be Due To Increase Significantly Starting Tomorrow December 3, 2024 With Powell speaking tomorrow and a Job report on Friday, volatility seems primed to go higher.
The Yen Is Screaming Risk-Off And The Stock Market Isn’t Paying Attention December 2, 2024 The Japanese Yen is strengthening versus every major currency.
The Market Is Running At An Extreme Maximum November 30, 2024 the last time dealers were this net short was in 2008.
As The Market Churns… November 26, 2024 Stocks managed to grind their way higher on the day, while rates and the dollar rebounded from yesterday’s declines. The price action in the stock market has been strange, and I can only attribute that to some internal rotation. Yesterday, small caps and the S&P 500’s equal weight were strong. Today, these parts of …
Rates, Dollar, and Nvidia Drop Sharply On November 25, 2025 November 25, 2024 Stocks finished the day up a little, as rates and the dollar plunged.
The Fed Rate Cutting Cycle May Be Over November 24, 2024 The Fed minutes come Tuesday this week.
The CPI Swap market is pricing in a hot December CPI report
The VIX 1-Day rose sharply along with rates ahead of the December Jobs report.
Treasury rates surged following hotter than expected JOLTS and ISM data.
Stocks couldn’t hold on to early gains, even with Nvidia’s big gains.
This week’s data will be instrumental in shaping where interest rates go.
Stocks started the day higher, until the sellers showed up midday.
Explore the latest episode of Market Chronicles as host Michael Kramer analyzes the 2025 financial landscape, focusing on liquidity challenges, rising interest rates, and their potential impact on equity markets. Dive into expert insights on key economic indicators, technical patterns, and strategies to navigate the year ahead.
About 470 stocks in the S&P 500 were lower today.
The 30-year interest rate closed at its highest level since November 2023.
Rates hit the pause button this week after three solid Treasury Auctions.
Stocks rose along with rates on light trading volumes.
It will be a holiday-shortened trading week due to the Christmas holiday. Markets in the US will close early on Christmas Eve, December 24th, at 1 PM Eastern and remain closed all day on Wednesday, the 25th. Most markets in Europe will be closed on the 25th and 26th, while a few markets in Asia, …
Stock couldn’t hold on to early gains.
The market only see one rate cut in all of 2025.
Stocks continued to move lower, as breadth continues to weaken.
It was a vol up, price up day.
Rates and the dollar could be poised to see a massive move and soon…
Rates, the dollar, and inflation swap pricing all continued to rise today.
CPI numbers today largely came in line. But when you took a deeper look at them and rounded them out, you realize they were in line but on the hotter side of inline, meaning the year-over-year number came in at 2.7 but missed a 2.8 print by a hundredth of a percent. The …
QT and debt issuance may finally be straining the financial system.
The VIX index was higher on as the S&P 500 finally gave back some.
It is clear there are strains in the market that are not visible to the naked eye.
The stock market finally gave back some.
Implied volatility moved up some today, and tightening liquidity could move it up even more.
With Powell speaking tomorrow and a Job report on Friday, volatility seems primed to go higher.
The Japanese Yen is strengthening versus every major currency.
the last time dealers were this net short was in 2008.
Stocks managed to grind their way higher on the day, while rates and the dollar rebounded from yesterday’s declines. The price action in the stock market has been strange, and I can only attribute that to some internal rotation. Yesterday, small caps and the S&P 500’s equal weight were strong. Today, these parts of …
Stocks finished the day up a little, as rates and the dollar plunged.
The Fed minutes come Tuesday this week.