Jeffrey P. Snider | TalkMarkets | Page 98
Chief Investment Strategist
Contributor's Links: Eurodollar University
Jeff is an Investment Strategist and currently runs Eurodollar University. Formerly the Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheaded the investment research efforts while providing close contact to Alhambras client base. Jeff joined Atlantic Capital ...more

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Buybacks Get All The Macro Hate, But What About Dividends?
When it comes to the stock market and the corporate cash flow condition, our attention is usually drawn to stock repurchases.
Not Exactly Paradox, Reflation In Oil Deflation In Copper
Copper went first, hitting its high on Valentine’s Day. Oil would keep going further still, but ultimately turning around in May 2011.
COT Blue: Reflation Doubts Accumulate
The collapse in yields was nearly as impressive in absolute terms but far more orderly stacked throughout the whole trading day.
Curves Have Been Here The Whole Time, Not That Anyone Cared
Whether we notice them or not, there are a lot of things that do happen on a seasonal basis. Economists have tried to eliminate these patterns from our thoughts and analysis largely by smoothing them out with seasonal adjustments.
China’s Seven Years Disinflation
In early 2011, Chinese consumer prices were soaring.
It Matters Which Error
The eurodollar futures curve has inverted ever so slightly, which isn’t a very good sign of things to come.
Much More Than Payrolls
If you drop the standards “a bit” after four months that simply means you aren’t willing to pay the market rate for the employee you actually want, entry level or not.
Good Reason To Fear The Futures
Officials believe right now the economy is “very strong” and that demands the same “rate hike” trajectory.
Very Strong (ly Worried)
Inflation hysteria and the boom hysteria may both seem like they are one and the same thing. They are related, sure, and they represent similar objects. However, there are subtle differences.
Talk About Binary; No In Between, Either Boom Or Renewed Deflation
Money dealers, in particular, pull back on offer in repo markets, leaving certain participants somewhat exposed.
The Dreaded Vote Of Confidence
There is as much danger that any central bank putting out a message will only end up confirming the worst fears (if they feel they have to say something, what does that really mean?).
The Populist Revolt; Now Mexico
Mexico will have a new President on December 1. Falling short in each of the prior two elections, Andrés Manuel López Obrador won convincingly this time.
There’s No Income So There Can’t Really Be Shortages
In every economy, there will be those doing well and those who don’t. A truly booming economy is where the proportion qualifying for the worst categories is smallest.
The Deeper Red Of JPY And WTI
There are several factors missing from the latest eurodollar rout. Well, not really missing so much as sitting this one out to this point in time.
Already Back In The Red?
The markets have grown tired of waiting for more than talk about globally synchronized growth.
Big Mama Leaves Huge Footprints Stepping All Over ‘Devaluation’
Not a good day to be a global central bank. Competitive devaluations all around?
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