The Ugly Truth About Progressivism
Formerly an online tech and science reporter at The Sun Online, Ashley stepped up to the mantle of technology reporter at the Daily Telegraph late last year. She writes about everything from drones, web security and cryptocurrency to social media apps, like Facebook and Spotify, and technology brands including Apple and Toshiba.
Minneapolis BLM Leader Says He Quit After Learning “Ugly Truth” About Marxist Organization’s Priorities (VIDEO)
Minneapolis BLM leader Rashad Turner said he quit after learning the “ugly truth” about the Marxist organization’s priorities. “In 2015, I was the founder of Black Lives Matter in St. Paul,” Rashad Turner said in a YouTube video. “I believed the organization stood for exactly what the name implies – black lives do matter,” he…
10Y Treasury Yields Hit CTA Liquidation Trigger: It's About To Get Ugly
Yesterday’s unexpected “blue wave” reality washed over US markets, catalyzing a rise in 10Y Treasury yields past the CTAs’ near-term liquidation point of 1.02% (see “CTAs Will Puke Once 10Y Yield Hits 1.02%, Sparking Liquidation Cascade“) with yields rising as far at 1.050% at one point… … a level that has been surpassed this morning…
November Payrolls Preview: It’s About To Get Ugly Again
After several months of blistering job growth, economists expect the rate of US jobs growth to cool sharply in November, with consensus looking for 478k nonfarm payrolls to be added to the economy (well below the 638k seen in October) due to the broad-based resurgence of the coronavirus and related business restrictions which are consistent…
October Payrolls Preview: It’s About To Get Ugly Again
With the nation transfixed by the bad game show that is the presidential election, now in its 3rd day and counting, it is safe to say that nobody, not even the algos will give a rat’s ass what October jobs data the BLS reports on Friday morning. Still, as we do every month, we will…
Ugly, Tailing 20Y Auction Spooked By Yellen's 50Y Comments
In a far cry from last week’s stellar long-duration auctions, moments ago the Treasury sold $24 billion in 20Y bonds (via a reopening of the 19-year-10-month Cusip ST6), in what was a decidedly subpar sale. The auction stopped at a high yield of 1.657%, well above the 1.470% in December and a 1.4bps tail to…