“A Recipe For Calamity”: Trump Is Quietly Pushing America Deeper Into Mideast Wars

“Across the Middle East, the administration drives the United States ever further into wars without end, increasing the dangers of direct military confrontation with Russia and Iran, with little awareness and no mandate from the American people. This is a recipe for calamity.”

Advertisements

Euro Surges On Draghi’s “Three Messages,” Dollar Eyes Janet, Yuan “Suddenly” Jumps

Boy, I’ll tell you what, if you’re a central banker and you’re going to say something in public about monetary policy, you better make sure you choose your words really fucking carefully, because this market is hyper-sensitive. Here’s what we got from Draghi who, speaking at the ECB Forum on Central Banking in Sintra, Portugal, said he…

5 Things To Worry About In Equities

Look, here’s the thing you need to understand about Citi: there’s an epic internal struggle going on between the equity folks and the credit folks. You can read about it here. The equity desk is bullish. Matt King’s credit team thinks that may be insane given the looming QE cliff and what it portends for…