Romano

It seems that market participants were prematurely bearish in anticipation of the FOMC. A similar situation like in June. The market was potentially pricing in a worst-case scenario, and a 75bps would be "dovish" compared to the hypothetical 100bps hike. It caught many market participants off-guard, and the

With options expiration in the rearview mirror, there are few critical events before the end-of-month rebalance. When investors rebalance, they readjust their portfolio weightings to put them back in line with their desired asset allocation. Given the outperformance of equities markets over fixed income MTD, rebalancing is probably a minor

With another hotter-than-expected CPI inflation reading last week, On July 15th, it seemed that a market sell-off similar to June's was possible. However, Fed Governor Waller's suggestion that 75 basis points were more plausible than 100 basis points acted as a catalyst for dealers to bring

The first half of 2022 has passed and has been the worst start to equities markets in the last fifty years. What started in January as tax selling has turned into another horrible year but this time not only with a pandemic but also inflation, hostile monetary policies, war, the

On Friday, June 17, the quadruple watching hour ended. There was some risk on a "fat left fail," which I mentioned, but I had a bias that there would be a squeeze on Monday/Tuesday. Market insight - Quadruple witching - June 17, 2022Quadruple witching/ Quad expiry. In