MM 12 February 2021

 Quotes

Markets & Macro news

To the prophets of gloom, wondering why house prices, stocks, Bitcoin at all time highs and yields at all time low?

Only the beginning : «  We are not thinking about shrinking the balance sheet. We will continue to increase our holdings of US treasuries and MBS by USD 40bn-80bn a month, until goal reached of full employment and price stability goal.”

Someone is selling a lot of US debt for the Fed to buy

Yes it is a bubble and everyone is on board

What could go wrong ? Burst of the long duration bond bubble? Dollar come back

Dollar to bounce back ?

Here bubble chasers, Gamestop has a lesson for you

Themes, Sectors & Corporate news

Does it pass the sniff test?

Bitcoin now accepted by Mastercard (big payment cards) and BNY Mellon (big custodians)!

Oil rising, but not energy stocks

City of London losing ground on Euronext derivatives 

Disney + offset collapse of theme parks and movie theatres