Mindblown: a blog about philosophy.

The Federal Reserve looks set to deliver a fourth straight super-sized rate increase with Chair Jerome Powell repeating his resolute message on inflation and opening the door to a downshift — without necessarily pivoting yet. The Federal Open Market Committee is expected to raise rates by 75 basis points on Wednesday to a range of 3.75 to…

A hard winter is coming in Britain, not only for the living but also the undead. The spike in borrowing costs generated by the short-lived Truss government could very well accelerate a wave of liquidations among the country’s expanded population of zombie companies. The shakeout, while painful for those who lose jobs and see investments fail,…

 It happens in a flash: The S&P 500 turns on a dime, and piranha-like options traders pile into short-dated contracts in a dash to harvest a quick advantage.  Tuesday reprised a pattern that has been visible for months. As the S&P 500 reversed a 1% gain in a violent session right before the Federal Reserve meeting, the turbulence fed…

SFRA Skew has flattened over the past month due to heavy buying of wings via Call trees, Call 1×2’s, and the unwinding of long downside structures. It appears the market has had enough as a skew buyer emerged today with this trade: PAPER -45,000 SFRZ2 95.625/95.875 CS 1×2 (-1Leg/+2leg) @ 0 REF: 9540. Vol, in…

the most anticipated earnings this week