SignalPlus Vol Commentary: Black Monday
Last week’s weak economic data represented by the US non-farm payroll and the manufacturing index sparked market concerns about an economic slowdown, leading to a continuation of global asset sell-offs…
SignalPlus Daily Briefing: Cliff Dive
Well, I surely hope we all like red, because it seems like we’ll be seeing a lot more of that everywhere. Friday’s weak NFP was the quake that up-ended macro…
Chang’s Thought (2024.08.02): Good is Good, Bad is Bad
Let’s start with the July FOMC. I personally had no expectations of the Fed cutting rates at this FOMC because they are afraid of making mistakes and don’t like to…
SignalPlus Daily Briefing: Dog Days of Summer
Last week was a painful week for consensus macro themes, which saw many of the most popular trades (eg. High tech, USDJPY, etc) unwind dramatically and SPX realized vol jumping…