‘Rational Exuberance’ – Which Is An Oxymoron

“It has become progressively difficult to say something new.”


A ‘Golden’ Opportunity: Mueller, Flynn, Trump And The Case Of Reza Zarrab

This opens all kinds of doors.

Exodus: U.S. Funds See 3rd Largest Junk Outflow On Record

Just how nervous did folks get during the junk bond rout that finally took a breather when spreads tightened materially on Thursday?

‘Freudian Retweet’: Department Of Defense Accidentally Endorses Call For Trump To Resign

“Operator error”.

We’re All Doomed: Bitcoin Boy Band Edition

“I know a lot about Bitcoin.”

Mueller Issued Subpoena To Trump Campaign

“…and as a reminder that failure to provide documents as demanded would count as obstructing a grand-jury investigation.”

Jared Kushner Failed To Disclose WikiLeaks Contact, Russian ‘Backdoor Overture’, Dinner Invite

Such documents should have been produced in response to the third request but were not. Likewise, other parties have produced documents concerning а “Russian backdoor overture and dinner invite” which Mr. Kushner also forwarded.

Death & Taxes.

“That’s one small step for rich people and corporate ‘citizens’ and one giant leap for Republicans who can’t get shit done”…

Here Are Goldman’s Top Themes And Trades For 2018, So If You Don’t Get Rich That’s Your Problem, Ok?

Maybe you heard and maybe you didn’t, but Goldman’s got themselves some trade ideas for 2018 they want to tell you about, ok?

What Caused Japan’s Mini-Volatility Shock?

All’s well that ends well in Japan after a six-day slide. Or maybe not.

‘Father Of HFT’ On Bitcoin Futures: Peterffy Warns CFTC Of ‘Suicidal’ Decision

“…if the Chicago Mercantile Exchange or any other clearing organization clears a cryptocurrency together with other products, then a large cryptocurrency price move that destabilizes members that clear cryptocurrencies will destabilize the clearing organization itself.”

Your Oil And Gas Stocks Just Got Some Really Bad News Out Of Norway

But this is the kind of thing I’m talking about when it comes to markets not appreciating the extent to which everything is now tied up in self-feeding dynamics that no one appreciates. 

Trump ‘Graciously’ Accepts ‘Thank You’ From UCLA Students, Demands They Thank Chinese Dictator Too

“Now thank Xi.”

What Global Selloff?

“…the nagging fear that the boy who cried wolf was only telling the truth when everyone had learnt to ignore him.”

You Are A Silly Bunch With Your Fingers On $610 Billion

You people are an irrational bunch and you always have been.