Get Your FREE Copy of the latest Research Paper from DUNN Capital . IT's TRUE š ā most CIO's read 50+ books each year ā get your copy of the Ultimate Guide to the Best Investment Books ever writtenĀ here. And you can get a free copy of my latest book āThe Many Flavors of Trend [ā¦] The post Liquidity, Leverage, and the End of Safety ft. Mark Rzepczynski appeared first on Top Traders Unplugged.| Top Traders Unplugged
The Budget on November 26 will be a key test of market confidence in the UK government's fiscal approach. If the government missteps and markets take fright, we think that sterling depreciation would accompany higher gilt yields.| Oxford Economics
In a 2024 post, we showed that interdealer trading in benchmark U.S. Treasury notes and bonds concentrates on the last trading day of the month, likely due to passive investment fundsā turn-of-month portfolio rebalancing. In this post, we extend our trading activity analysis to the full range of Treasury securities and market segments. We find that trading is even more concentrated on the last trading day of the month for other types of Treasury securities and in the dealer-to-customer segm...| Liberty Street Economics
Recently instituted rule amendments have initiated a large migration of dealer-to-client Treasury repurchase trades to central clearing. To date, the main avenue used to access central clearing is Sponsored Service, a clearing product that has, until now, received little attention. This post highlights the results from a recent Staff Report which presents a deep dive into Sponsored Service. Here, we summarize the description of the institutional details of this service and its costs and benef...| Liberty Street Economics
Wars rage on in Ukraine and Gaza, political violence is on the rise at home, tariff-driven inflation remains debated, and anxiety over a looming government shutdown is intensifying. On the surface,ā¦| Investing Caffeine
Overall, August was a broadly positive month for financial markets and saw fairly solid returns across most major asset classes. Global equity markets are still benefiting from a tailwind. Economic growth is moderating but sufficient to allow 5-10% profits growth, more so for larger companies, for multi-nationals, and the all-important tech sector. Monetary policy is [ā¦] The post Market Insight | August 2025 appeared first on Progeny.| Progeny
In the 1989 Academy Awardānominated film Field of Dreams, the lead character Ray Kinsella (played by Kevin Costner) hears a mysterious voice whisper, āIf you build it, he will come.ā Acting on blinā¦| Investing Caffeine
This begins a series titled The Marketing Codex that will run from 31st of August 2025 till the end of 2025. Ledger Insert NVDA: 174.11āā6.01ā(ā3.34%)āCap: 4.239TāVol: 243.258MAAPL: 232.14āā0.42ā(āā¦| Mediacodex
Stocks closed higher on Wall Street after an afternoon push left major indexes just below their recent records.| AP News
Saudi Aramcoās 20-year, $11bn lease deal with Global Infrastructure Partner (GIP), a firm under BlackRockās umbrella, for Jafurah Field Gas Plant underscores the growing international confidence in Saudi Arabiaās ongoing economic transformation.| Oxford Economics
In July, sentiment improved as political uncertainty reduced and investor focus turned to the second quarter earnings season. The 90-day tariff pause came| Progeny
As the stock market reached new all-time highs, investors had plenty to juggleāboth in Washington, D.C., and on Wall Street. The S&P 500 climbed +2.2%, the NASDAQ surged +3.7%, and the Dow Joneā¦| Investing Caffeine
In March 2020, the Federal Reserve commenced purchases of U.S. Treasury securities to address the market disruptions caused by the pandemic. This post assesses the execution quality of those purchases by comparing the Fedās purchase prices to contemporaneous market prices. Although past work has considered this question in the context of earlier asset purchases, the market dysfunction spurred by the pandemic means that execution quality at that time may have differed. Indeed, we find that t...| Liberty Street Economics
Interest rates have fluctuated significantly over time. After a period of high inflation in the late 1970s and early 1980s, interest rates entered a decline that lasted for nearly four decades. The federal funds rateāthe primary tool for monetary policy in the United Statesāfollowed this trend, while also varying with cycles of economic recessions and expansions.| Liberty Street Economics
A central use of reserves held at Federal Reserve Banks (FRBs) is for the settlement of interbank obligations. These obligations are substantialāthe average daily total reserves used on two main settlement systems, Fedwire Funds and Fedwire Securities, exceeds $6.5 trillion. The total amount of reserves needed to efficiently settle these obligations is an active area of debate, especially as the Federal Reserveās current quantitative tightening (QT) policy seeks to drain reserves from the...| Liberty Street Economics
While policies to combat climate change are designed to address a global problem, they are generally implemented at the national level. Nevertheless, the impact of domestic climate policies may spill over internationally given countries' economic and financial interdependence. For example, a carbon tax charged to domestic firms for their use of fossil fuels may lead the firms to charge higher prices to their domestic and foreign customers; given the importance of global value chains in modern...| Liberty Street Economics
Long-run trends in increased access to credit are thought to improve real activity. However, ārapidā credit expansions do not always end well and have been shown in the academic literature to predict adverse real outcomes such as lower GDP growth and an increased likelihood of crises. Given these financial stability considerations associated with rapid credit expansions, being able to distinguish in real time āgood boomsā from ābad boomsā is of crucial interest for policymakers. W...| Liberty Street Economics
If I told you at the beginning of the year that the U.S. would bomb key nuclear sites in Iran, would you have guessed that Middle East stability would followāand that global financial markets wouldā¦| Investing Caffeine
Tariffs and trade have dominated the media headlines since the beginning of the year, creating a volatile rollercoaster ride in the financial markets and broader economy. What were screams of fear just last month turned into cheers of optimism after a trade deal between the U.S. and the U.K. was announced earlier this month. This [ā¦]| Investing Caffeine
Weāll see if there is any gravy left for investors during the last month of the year, but so far 2024 has been a satiating feast that has stuffed investors.Ā There has been a cornucopia of itemā¦| Investing Caffeine
Famous Danish author Hans Christian Andersen told a renowned fairy tale of an emperor who was conned into believing he is wearing an invisible suit. The crowd was too embarrassed to acknowledge his nakedness, so they pretend to not notice ā until a young boy shouted, āThe emperor has no clothes!ā Much like the fairy [ā¦]| Investing Caffeine
Remember Liberation Day ā the day reciprocal tariffs were announced? For those of us strapped daily into the financial market seat, it has felt like an endless rollercoaster ride since that eventfuā¦| Investing Caffeine
Stablecoins are crypto assets whose value is pegged to that of a fiat currency, usually the U.S. dollar. In our first Liberty Street Economics post, we described the rapid growth of stablecoins, the different types of stablecoin arrangements, and the May 2022 run on TerraUSD, the fourth largest stablecoin at the time. In a subsequent post, we estimated the impact of large declines in the price of bitcoin on cumulative net flows into stablecoins and showed the existence of flight-to-safety dyn...| Liberty Street Economics
Trump tariffs have caused market fluctuation, we discuss the strategy for dealing with these volatile conditions for investors.| Progeny
Stocks have been in a multi-year bull market, but just as investors cannot earn positive returns every month, golfers also cannot achieve a hole-in-one or birdie on every hole, either. A challenging performance is exactly what happened last month when stocks recorded a bogey on the scorecard. More specifically, this is how far out-of-bounds the [ā¦]| Investing Caffeine
The fourth quarter of 2024 The fourth quarter of 2024 saw some mixed performances from growth assets in their local currency, and some headwinds to| Progeny
AĀ Systematic Investment Plan (SIP)Ā is a investment strategy offered by mutual funds that allows investors to invest a fixed amount of money at regular intervals.| Law Planet - Legal News, Law Updates & Law Exams Preparation
The world of financial markets offers a diverse range of tools to enhance investment strategies, and options and futures stand out as powerful instruments. Understanding their roles can elevate your investment game and help manage risks effectively. Understanding Options and Futures To leverage options and futures in investment strategies, itās crucial to grasp what these ā¦ Continue reading "The Role of Options and Futures in Diversified Investment Strategies" The post The Role of Options...| Disfold Blog
Dyer, Fleming, and Shachar show how trading activity in benchmark U.S. Treasury securities now concentrates on the last trading day of the month and consider the implications.| Liberty Street Economics
A look at the current state of Treasury market liquidity in the U.S., with standard metrics and decreased volatility pointing toward improvements.| Liberty Street Economics
Our Summer Playlist rolls on this week with David Szybunka, Senior Portfolio Manager & Managing Director of the Energy Team at Canoe Financial. SmarterMarketsā¢ hostā¦| SmarterMarketsā¢
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday.| AP News
Our Summer Playlist rolls on this week with David Szybunka, Senior Portfolio Manager & Managing Director of the Energy Team at Canoe Financial. SmarterMarketsā¢ hostā¦| SmarterMarketsā¢
There are many styles of investing, and many ways to make money in the stock market. Just like the styles of menās ties or womenās dresses come in and out of fashion, so too do the styles of investā¦| Investing Caffeine
Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell 1.8% Friday.| AP News
The authors study the impact of turmoil in the crypto-asset industry on stablecoin flows.| Liberty Street Economics
Wealth disparities between Black, Hispanic, and white households have been exacerbated since the pandemic, likely due to rapid growth in financial assets more often held by white individuals.| Liberty Street Economics
Download full transcript ā Download full transcript ā We close out the year with our two-part Holiday Special. SmarterMarketsā¢ host David Greely is joined byā¦| SmarterMarketsā¢
Take-up at the Federal Reserveās Overnight Reverse Repo Facility (ON RRP) increased from a few billion dollars in January 2021 to around $2.6 trillion at the end of December 2022.Ā In this post, based on a recent Staff Report, we explain how the supply of U.S. Treasury bills (T-bills) affects the decision of money market mutual funds (MMFs) to invest at the facility. We show that MMFs responded to a reduction in T-bill supply by increasing their take-up at the ON RRP, helping to explain th...| Liberty Street Economics
