1 - Erling Haaland has lost a Premier League match in which he scored a goal for the very first time, having won 40 and drawn six of the previous 46 he’d scored in before today. Humbled.
Pleased to have coauthored this @bankofengland Quarterly Bulletin article with @burr_natalie. We explain how Bank staff think about the monetary transmission mechanism (1/4)
(Link below)
@choffstein if my memory on this is correct the dispersion worriooors are concerned with the wrong tail. the people short correl know to expect the skew, the heroes betting on correl returning seem to never learn from the past casualties
After today's jobs numbers missed expectations, the record run of better-than-expected payrolls reports is over.
But what a run it was, as @bespokeinvest points out:
En ce lendemain de Met Gala je suis OBLIGÉE de vous proposer mon désormais classique
✨ LES TENUES DU MET GALA AS GRAPHIQUES DE L'INSEE ✨
On commence avec Salma Hayek as Évolution par âge du nombre d’Auvergnats de 85 ans ou plus potentiellement dépendants entre 2012 et 2022 ⬇️
Call/put skews and funding rates for $BTC $ETH are conditional on their rolling performance (data of past year)
In right “greedy” regime, call skew & funding are positive & large, put skew is small
In left “fear” regime, call skew is negative & funding is small, put skew is high
putting this here so i can copy/paste the link every time you all ask (which is constantly)
when you see references to "dealer gamma positioning" and its implications for volatility, the underlying model is almost always an extremely naive one ...
BOJ dealers talk to the Street all the time for colour. A "rate check" is official. It says "we are raising the stakes."
It can be simple. "What's your market in $/¥ for $1bn?"
It is a quasi-public signal intervention is now on the table. A warning to local banks they should
It took me some time to make all puzzle pieces click in my head, but here is why I think the rouble gas payment scheme matters. For Russia, it is functional to undermine sanctions and to pursue long-term strategic geo-economic goals. #UkraineRussiaWar 🧵1/ algebris.com/market-views/r…
NUCLEAR GEOPOLITICS: Russian authorities are exploring the possibility of imposing a ban on uranium exports as a retaliation for U.S. sanctions, Tass reports, citing Deputy Prime Minister Alexander Novak | #uranium ⚛️🇷🇺
UK govt has written to thousands of Germans living in Britain to ask them to "consider returning" to driving trucks.
Most of them never had, but were in some database of potential truckers because old German driving licenses could be used for vans. independent.co.uk/news/uk/politi…
Gap-fillers of the day:
phloem: the stringy bits on a banana.
ferrule: the tip of an umbrella.
zarf: the cardboard sleeve on a takeaway coffee.
tittle: the dot above an i or j.
philtrum: the groove above the upper lip.
lunule: the white crescent at the base of a fingernail.
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