thauerbyi (61)in #article • 2 hours agoThe Six-Week PromiseThe Six-Week Promise Half the East-West pipeline back online "within days." Full capacity in six weeks. That's the…thauerbyi (61)in #article • 23 hours agoThe Dot Plot Nobody PricedThe Dot Plot Nobody Priced TO: Desk FROM: Rates & Macro RE: Wednesday's hike, and the thing everyone's pretending…thauerbyi (61)in #article • 2 days agoThe Hike That Fixes NothingThe Hike That Fixes Nothing Somewhere around 5.04% on the 10-year Tuesday morning, the Federal Open Market…thauerbyi (61)in #article • 3 days agoFive Percent, Delivered by DroneFive Percent, Delivered by Drone Internal address, trading floor, 7:14 AM All right, listen up, because I'm only…thauerbyi (61)in #writing • 4 days agoThe Desk That Remembers 1994The Desk That Remembers 1994 Nobody on this desk was trading when Greenspan blindsided the market with 75 basis…thauerbyi (61)in #article • 5 days agoThe 85% ProblemThe 85% Problem Somewhere between Thursday's CPI print and Friday's close, the market decided two mutually exclusive…thauerbyi (61)in #article • 6 days agoThe Hike Is Basically Certain and Everyone's Throwing a Party AnywayThe Hike Is Basically Certain and Everyone's Throwing a Party Anyway Somebody explain the room to me, because I've…thauerbyi (61)in #article • 7 days agoThe 1974 DeskThe 1974 Desk Eight-thirty is fifteen minutes away and I already know what I'm going to write in the log, because I…thauerbyi (61)in #article • 8 days agoRemarks to a Room That Doesn't Want to Hear ItRemarks to a Room That Doesn't Want to Hear It Good morning. I know what you came here for — someone to tell you…thauerbyi (61)in #article • 9 days agoWhen the Bond Market Shrugs, Start WorryingWhen the Bond Market Shrugs, Start Worrying Seventy-three people got hurt in Jazan yesterday morning. Drone and…thauerbyi (61)in #article • 10 days agoThree months ago the labor market was dyingThree months ago the labor market was dying. Ask anyone. ADP was printing 38K. July payrolls came in negative. The…thauerbyi (61)in #article • 11 days agoWaller Gave Disinflation a Chance. The Labor Market Gave Him the Finger.Waller Gave Disinflation a Chance. The Labor Market Gave Him the Finger. Governor Christopher Waller stood up in…thauerbyi (61)in #article • 12 days agoWhen the Data Doesn't Trust ItselfWhen the Data Doesn't Trust Itself (A speech never delivered, from a market structure conference that will never…thauerbyi (61)in #article • 13 days agoWhen the Data You Prayed For Turns on YouWhen the Data You Prayed For Turns on You Six weeks. That's how long the market spent constructing a religion out…thauerbyi (61)in #article • 14 days agoWaller's "If" Is Carrying the Entire Market on Its BackChristopher Waller stood in front of a Reuters NEXT crowd on Thursday and gave markets exactly what they'd been…thauerbyi (61)in #article • 15 days agoThe Market Has Decided the War Is a Rounding ErrorThe Market Has Decided the War Is a Rounding Error On Tuesday, missiles were flying over the Strait of Hormuz again…thauerbyi (61)in #article • 16 days agoThe Fed Doesn't Set the Rate Path Anymore. A Tanker Does.The Fed Doesn't Set the Rate Path Anymore. A Tanker Does. Somewhere off Oman on Monday night, an unidentified…thauerbyi (61)in #article • 17 days agoGold's Best Month Since Clinton Just Got Mugged by One Guy at a PodiumGold's Best Month Since Clinton Just Got Mugged by One Guy at a Podium Somewhere in the Tetons on Friday, Kevin…thauerbyi (61)in #writing • 18 days agoThe Calm Was Rented, Not OwnedThe Calm Was Rented, Not Owned Somewhere over the Arabian Sea before dawn Sunday, U.S. forces hit Iranian rocket…thauerbyi (61)in #article • 19 days agoFed Chair Kevin Warsh stood in front of the Tetons on FridayFed Chair Kevin Warsh stood in front of the Tetons on Friday and delivered a lecture about restraint. The Fed, he…