Discover and read the best of Twitter Threads about #LateCycle
Most recents (1)
You always can spot the weak hands with $TLT & $DXY ... it’s been like clock work. Any back up is a buying opportunity.. stuff never goes up or down in a straight line. People love to hate both.
Going all the way back to Late 2017...the intelligentsia was actually embarrassingly short $DXY & $TLT
The rationale?
1) Huge Deficits
2) QT & “Taper Supply”
Literally the two catalysts that made for a long face ripping rally.
The rationale?
1) Huge Deficits
2) QT & “Taper Supply”
Literally the two catalysts that made for a long face ripping rally.
So here’s a question if you hate $DXY & $TLT....even if Fed conducts $100 Trillion in Fed Repo by year end... How many incremental $DXY “Deposits” would be created as a result? Another question gives a clue.. will $XLF balance sheets expand, contract or stay flat with LCRs?
