Latest Posts
Global Equities Are Up 32% From 2018’s Lows. Does Anyone Really Care About The ‘Why’?
“What difference does it make?”
Macro Tourist Likes South Korea On Fiscal Stimulus Hopes
“I continue to buy the countries that acknowledge this reality”.
Volatility-Targeting Leverage Nears Highest Since January 2018. But You Probably Shouldn’t Panic
“Escalator up/elevator down”. But don’t forget the nuance.
David Tepper E-Mails Joe Kernen: ‘I Like Riding A Running Horse Until I Get Off’
Priceless market humor.
Trump Joins OJ Simpson, Jeffrey Epstein On List Of Totally Innocent People Represented By Alan Dershowitz
“Professor Dershowitz is nonpartisan”.
‘Just As A Heavy Object Warps Spacetime’: All Hail The 4 Vol-Suppressing Forces
“Aggregate gamma on the S&P 500 was positive for more than three-fourths of 2019”.
About That ‘Boris Bounce’: UK Retail Sales In Worst Run Since 1996
This suggests that not only does the “Boris bounce” lack durability , it may never have existed in the first place.
China Beats Across The Board With Key December Activity Data. GDP Matches Estimates
Not out of the woods yet, but there is a light at the end of this tunnel (to mix clichéd metaphors).
Welcome To ‘Blow-Off Top’ 2020
Featuring Google $1 trillion and the best day for Morgan Stanley in years.
White House Broke Federal Law In Ukraine Aid Scheme, GAO Says
“Faithful execution of the law does not permit the president to substitute his own policy priorities for those that Congress has enacted into law”.
Trump, Savior Of ‘Forgotten Americans,’ Handed Wall Street $32.4 Billion in 2018, 2019
“Will you say, ‘Thank you, Mr. President,’ at least, huh?”
MAGA Economy Gets Spate Of Good News In Retail Sales, Philly Fed
In an election year, every little print helps.
