There are so many things to consider when trading in the current climate. First and foremost, CAUTION is the key word, not FEAR. As Billy Joel would say, “We didn’t start the fire,” but as traders… more
Yra Harris
Bank of England Governor Andrew Bailey made a ridiculous comment almost two weeks ago and I’d be remiss not to mention it. Bailey issued his own FORWARD GUIDANCE on how to slow the pace of… more
Tomorrow is the first Friday of the month so it is known on trading desks as UNEMPLOYMENT Friday — or Unenjoyment Day for some — as volatility will reign in the early part of the trading day. As… more
Bernard Connolly is a British economist noted for his dislike of the euro. He is know for writing The Rotten Heart of Europe: The Dirty War for Europe's Money.
with thanks to … more
Michael Pettis is a nonresident senior fellow at the Carnegie Endowment for International Peace. An expert on China’s economy, Pettis is professor of finance at Peking University’s Guanghua… more
If you’re only looking at the headlines from the past 48 hours, there is something major going on. First, on Friday afternoon Bloomberg reported that the G-7 finance chiefs are planning to discuss… more
James Bianco is President and founder of Bianco Research LLC.. Started in 1998 providing macro, fixed-income and economic analysis for financial market professionals
Bianco Research LLC… more
On December 7, 2009, NOTES FROM UNDERGROUND published its first post and we’ve shared a few thousand thoughts since then (all archived at WordPress and for those on CQG they available thanks to… more
We at Notes From Underground on Oct. 31 wrote a post titled, "The Odious Designs of ECB Policy." It noted that during the ECB post-meeting press conference President Christine Lagarde said - in… more