Category: Financial Markets

Oh Sheet, It’s A REIT (The Coming Crisis)

On Wednesday, we took a gander at global real estate and today I’ve got a follow up to that dealing with REITs. My long term buddy, fellow hedgie and confidant Kuppy, who can be found lurking here, shares his thoughts on the US real estate sector and in particular REITs: Him: I think

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Bucket Economics In Global Macro

I was recently sent a research piece by one of my LPs. The piece was from the principal of a well known hedge fund and this particular manager has grave concerns for the US stock market. In the article to clients he laid out all the reasons why fundamentally none

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Things You’ll Never Believe

So today I’m going to leap all over the place and show you some some interesting things that’ve come across my desk in the last week. Why no full fledged blog? Well, if you didn’t notice, this week’s WOW on the “Trumpification” of US foreign policy (and its winners and losers), was, I dare

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Mexico On Sale (And How Best To Play It)

Ok, this is getting a bit ridiculous. Ever since Americans picked the bully over the crook, and the Mexican Peso began acting like a penny stock just after the promoters begin dumping stock, I’ve been literally inundated with questions about Mexico. It seems I’ve got a lot of American readers

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Financial Markets
Chris MacIntosh

Collateral Damage in the Eurodollar Market

This article is a follow on from two previous articles discussing the eurodollar system. Part one can be found here, and the following one here. Today we cover what I believe to be the critical component as to why the eurodollar system isn’t functioning correctly, and why what central banks have been doing with

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Eurodollar Market
Financial Markets
Chris MacIntosh

The Euro Market Is Not Working!

Today we discuss the largest wholesale funding market in the world, the eurodollar market, and how its “normal” form of functioning has dramatically changed, causing all manner of problems in the global economy.  In last week’s post we discussed shadow banking at its finest: the eurodollar market. It was the precursor

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Eurodollar CME Floor
Financial Markets
Chris MacIntosh

The Eurodollar Market: It All Starts Here

This is the first part of a series of articles (I don’t know how many, I’m not done yet) designed to explain what is easily THE most important, albeit poorly understood (even by professionals) market on this ball of dirt. Eurodollars: What Are They? To best explain what Eurodollars are we

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Market Asymmetry
Financial Markets
Chris MacIntosh

Asymmetry In Action: These Charts Are Most Telling

I think perhaps this is a good time to bring you all up to date with what we’ve been up to the last few months. If nothing else it’ll serve to answer the many questions I receive on the topic. Questions such as: “Hey Chris, as a small retail investor it’s

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