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"They Are Sleepwalking Into A Major Correction": One Trader Expects A Violent Move In Bunds

With many expecting long-yield to continue declining no matter what, and how many hikes, the Fed and central banks do on the short end, Tommi Utoslahti, a former derivatives trader and analyst and currently one of Bloomberg’s Global Macro squawkers, disagrees and as he writes in his latest Markets Live note below, expects a violent repricing in European rates, and especially the Bund market, where "Investors have become so blinded by QE-suppressed ultra-low yields that they risk sleepwalking into a major correction even as most hard indicators scream for heightened alertness." Of course, th

Global Stocks Rise To Record Highs As Tax Reform Is "Priced In" All Over Again

Global Stocks Rise To Record Highs As Tax Reform Is "Priced In" All Over Again

Yesterday we joked that with the US House of Representatives set to vote for the GOP tax bill on Tuesday, markets would "price in" the same tax legislation they have been pricing in every day for the past year, all over again...

Longfin CEO Triggered in Heated CNBC Interview: "We Don't Deserve This Market Cap"

Content originally published at iBankCoin.com

They will play this interview in Harvard's Business School program for centuries to come on what exactly not to do and saying during a nationally televised interview.

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