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Olduvai III: Catacylsm
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“Calamity”: Nomura Warns Or VaR Shock Adding To “Untradeable Markets”

“Calamity”: Nomura Warns Or VaR Shock Adding To “Untradeable Markets” Over the weekend, in our initial response to the shocking Saudi “scorched earth” price war declaration, we said that “once Brent craters on Monday to the mid-$30s or lower, the accompanying implosion in 10Y yields could make the record plunge in yields seen on Friday a dress […]

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The “VaR Shock” Is Back: Global Bonds Lose $880 Billion In One Week

The “VaR Shock” Is Back: Global Bonds Lose $880 Billion In One Week Markets were in turmoil, S&P futures were locked limit down as traders panicked, the establishment political system was in chaos and global bond portfolios were about to suffer a near record $1.2 trillion in losses in just a few days. All this […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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