Cheap protection. Stressed credit. Bearish dollar positioning. September could get interesting.
The Daily Market PulseSemis are fighting credit stress while AI capex keeps booming. Equities remain calm, but cheap protection and tougher vol seasonality are approaching. Dollar bears are getting louder, even if spot isn't quite buying the story.That credit stress
Maybe you want to stay long, but don't stay naked.
Semis are selling off. Credit stress is rising. Meanwhile, protection has been getting cheaper. Read that again.
Investors have stopped buying protection. They're buying upside instead. That usually tells you something.
...mixed macro, mucho micro, mideast mayhem, momo meltdown, & semis slammed...
LONDON (Reuters) -Central bank body the Bank for International Settlements has flagged a possible scramble for dollars could be…
This market is starting to look dangerously similar to 1997 again. Bears keep getting squeezed, call chasing is exploding and…
