Connect the price to the premise. Market expectations, macro forces, and the assumptions embedded in valuations.
Public Substack posts update automatically. Last checked Oct 17, 7:08 PM UTC. Visit Substack
Connects the Treasury selloff to practical quarter-end decisions, distinguishing how changing rates affect leases, valuation, impairment and refinancing assumptions.
Explains the purpose and limits of Treasury buybacks, with attention to market liquidity, financing choices and the risk of shorter-term funding.
Reviews the July Fed decision against an earlier framework, weighing dissent, policy communication and the bond market’s response while acknowledging a missed trading call.
Frames the July policy meeting around shifting rate expectations, softer inflation and energy risks, with explicit tests for the subsequent decision and data.
Revisits an earnings-reaction thesis through Alphabet and Intel, asking how capital spending, cash conversion and entry valuation shaped the market’s verdict.
Looks past a softer inflation headline to the energy reversal, underlying price trends and renewed oil risks shaping expectations for the Fed.
Distinguishes scheduled, structural investment flows from investor conviction, and asks whether earnings can justify the valuations those inflows help support.
No articles match your search. Try another term or reset the filters.