🇪🇺 🇺🇸 During the second busiest August for #euro–#dollar vanilla options since Bloomberg began compiling the data, contracts with a bullish bias made up a record 64% of the total. pic.twitter.com/X6LuMrcbAw
— Christophe Barraud🛢 (@C_Barraud) September 1, 2020
More on today's euro area inflation reality check, and why Average Inflation Targeting (AIT) might be a double-edged sword.
— Frederik Ducrozet (@fwred) September 1, 2020
The “K-shaped” recovery according to JP Morgan. The average citizen will be worse off in this imaginative scenario. pic.twitter.com/y7tCHDjQew
— Daniel Lacalle (@dlacalle_IA) September 1, 2020
The tightening in lending standards for C&I loans is now implying US charge-off rates for C&I loans will approach 2.5% by Q3 ‘21 for the 100 largest banks. Recessions normally conclude after this projected rise has completed, not when the move is just getting started. #Recession pic.twitter.com/FqnT7PFuaP
— Julien Bittel, CFA (@BittelJulien) September 1, 2020
One of my most important Models is moving into the Sell/Hedge zone.
This is the 20th signal since 2009 – most led to sharp pullbacks or big corrections in Stocks.
Potential high risk of a bigger Tactical regime shift approaching – monitoring turn down for confirmation (TBD). pic.twitter.com/GnD14hh9nb
— Macro Charts (@MacroCharts) September 1, 2020