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Rabo: If Powell Does Nothing, We Will See Godzilla-Sized Shockwaves Across Markets Everywhere

by Tyler Durden By Michael Every of Rabobank "Quadzilla is approaching Tokyo!" [Cue epic music] “Up from the depths; 30 trillion high; Breathing fire; Its name in the sky -- Quadzilla! Quadzilla! Quadzilla!” [Sudden switch to comedy music] “…and Godz-EU-ki.” For those who grew up with 80’s cartoons, that intro may be familiar: for those who didn’t, here’s a link. It’s also timely today as US Secretary of State Blinken and Defence Secretary Austin approach Tokyo to discuss ...
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04Mar2021 Pre-Market Commentary: Wall Street Set To Open Flat, But Trending Higher, DOW Up 33 Points, Nasdaq Up +0.1%, US Dollar Higher At 61.16, WTI Crude Higher 62.87

Futures rebound from overnight rout with all eyes on Powell speech (SPY +0.1%). Weekly jobless claims rise less than expected despite weather impact. Here is the current market situation from CNN Money European markets are mixed. The CAC 40 is higher by 0.35%, while the FTSE 100 is leading the DAX lower. They are down 0.54% and 0.22% respectively. What Is Moving the Markets Here are the headlines moving the markets. The $1 Trillion Electric Vehicle Boom Is Just Getting Started In 1894, chemi...
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World stocks' dance to continue, but inflation could mute the music: Reuters poll

World stocks’ dance to continue, but inflation could mute the music: Reuters poll The bull-run in global stocks fuelled by cheap cash and reflation hopes will continue for at least another six months but a rise in bond yields as inflation expectations grow could throw a spanner in the works, Reuters polls found. Despite severe economic damage from the pandemic, MSCI’s global stock index — which tracks shares across 49 countries — notched up all-time highs this month, having risen over 7...
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Rabo: We Are About To Lose All Price Discovery – And Never Go Back Again Without A Systemic Crash

Expand Rabo: We Are About To Lose All Price Discovery – And Never Go Back Again Without A Systemic Crash by Tyler Durden By Michael Every of Rabobank Praxis Makes "Perfect" Yesterday was a mess in markets. Equities slumped, apart from the much-maligned meme stocks, which surged; VIX volatility spiked; government bond yields surged, with a bad 7-year US Treasury auction in particular; and USD rallied as gold dipped – although Bitcoin held up surprisingly well (presumably those into it were ...
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