Be in the know. 12 key reads for Wednesday…

  1. PayPal Stock Rises. It’s on ‘Fast Track’ to Better Margins With New Guest Checkout System. (barrons)
  2. It took 14 years and 86 days to make an Olympic champion in skateboarding. (nytimes)
  3. This Bond Market Indicator Says the Stock Market Will Be Fine (barrons)
  4. How Whole Foods Revolutionized the Way America Eats (barrons)
  5. The Vix ‘fear gauge’ index is falling — but it hasn’t given stocks the all-clear yet (marketwatch)
  6. Investors made a record number of option bets that equities would fall as markets dived on Monday (marketwatch)
  7. BOJ Watchers Keep Rate Hike Views Unchanged Despite Market Chaos (bloomberg)
  8. Disney raises streaming prices for Hulu, Disney+ and ESPN+ (cnbc)
  9. Why the Fed is being blamed for the historic stock-market plunge (businessinsider)
  10. This Doesn’t Look Like Recession. Here’s How One Could Happen. (wsj)
  11. Japan Likely Sold Foreign Securities to Fund FX Intervention (bloomberg)
  12. YUM China Gobbles Up Gains On Q2 Beat, State Council Prepares “Service Consumption” Policy (chinalastnight)

“Like a Phoenix from the Ashes” Stock Market (and Sentiment Results)…

Unwinding the “Most Crowded Trades”

On Friday, I joined Liz Claman on Fox Business to discuss the economy, labor market, SAHM rule and more.  Thanks to Jake Mack, Kathryn Meyers and Liz for having me on:

Watch in HD directly on Fox Business

More on the Carry Trade

Many have been asking why the Nikkei (Japanese Equities) were down 25% in just a few days.  We discussed how it works, what’s happening and the outlook going forward, with Charles Payne, on Fox Business this Monday.  Thanks to Nick Palazzo and Charles for having me on:

Here were my “show notes” ahead of the segment: Continue reading ““Like a Phoenix from the Ashes” Stock Market (and Sentiment Results)…”