Author Archives: exantefactor
We’re relocating!!!
check out our new website Vexant Advisors
Like Taking Candy From a Baby
you might recall on Saturday June 2 following the horrible NFP number that saw a 32 point drop (-2.4%) on the S&P 500 and a bond market spike to 1.45% all-time low yield, we tried to keep everything in perspective … Continue reading
John Taylor: just do the math
similar to what we’ve been saying… From his Blog Economics One Friday, June 8, 2012 Fed Bought 77% of Federal Debt Increase in 2011: The Data Source During an interview on CNBC Squawk Box this morning and in my Wall … Continue reading
Don’t Wake Up in a Roadside Ditch
When your investment portfolio has a negative annual returns for over a decade you get mad and when you get mad you turn on the TV and listen to CNBC. When you listen to CNBC you hear a lot of … Continue reading
can it be that easy?
if you think the market rallied on “hope”, QE 3 or Mario Draghi you don’t know how to trade. See Definition of Insanity and Pre-NFP Risk-On/Risk-Off Positioning Update now lets see if we get follow thru with Bernanke on stage … Continue reading
The Definition of Insanity
After Friday’s disastrous employment report the markets continued the trend we had been monitoring since March in what looked to be a climax type of move with treasuries making new all time highs, closing both the 10YR and 30YR at … Continue reading
Pre-NFP Risk-On/Risk-Off Positioning Update
we’ve been away from posting for a couple of weeks, one because we have seen the market unfold exactly as planned with bonds rallying to new highs as we stated in the Internal Conflict Inside the Fed’s Bubble of Fear … Continue reading
Fighting Fire with a Flamethrower
last week’s big story about the JPM $2b trading loss highlights what we perceive to be a major risk factor in the market and banking system, that is the consensus and regulators are still focused on the wrong risks. There … Continue reading
Slicing and Dicing
On April 17th in Like a Hot Knife Through Warm Butter we posited that the $SPX was tracing out a B wave retracement that was chopping up shorts and confusing many market participants. We have seen some bears in the … Continue reading
Upside Down Monetary Policy
we think one of the more interesting aspects of monetary policy is that conventional wisdom thinks the Fed controls interest rates and stimulates lending but depending on how you look at it, the bond market and banking system are often … Continue reading