Nobody Worry, Because The Dallas Fed Has Its Eye On ‘These So-Called Risk Parity Funds’

“And I’ve learned when they do build, they can build very quickly, so we have to be very vigilant about this.”


Mnuchin Weaponizes The Stock Market: Pass Trump’s Tax Plan Or The Market Crashes

“But there’s no question in my mind that if we don’t get it done you’re going to see a reversal of a significant amount of these gains.”

Frowny Emoji: Bitcoin Falls Most In A Month On CFTC ICO Jitters

Well, Bitcoin is now down something like 9% from highs hit just a few days ago, underscoring just how volatile things are in the land of make-believe space tokens.

‘He Knew What He Signed Up For’: Trump Allegedly Insults Widow Of Slain African American Solider

It looks like Trump is going to end up in a “he said/she said” with, at “best”, Florida Rep. Frederica Wilson, and at worst, with a dead soldier’s widow.

Trump Wakes Up, Blasts Comey, Asks Where Sessions Is, Says NFL Hates America, Swears He Didn’t Insult A Dead Soldier’s Widow

Donald Trump was up before dawn on Wednesday and he was playing the hits loud and proud.

‘It’s Too Quiet’: Markets Calm After Xi Lays Out China’s Friendly World Domination Plans

“…as for this morning’ ‘it’s quiet, too quiet’ is the only quote that comes to mind.”

Key Calls (Wednesday): Upgrades, Downgrades & Initiations

You need an upgrade.

‘Downtown Josh Brown’ As A Brand

But here’s the key: While Josh Brown can make mistakes, “Downtown Josh Brown” cannot. Or at least the margin for error is much thinner.

Trump: ‘Only Place Worse’ Than ‘Dying Magazines’ Is NBC. And CBS. And ABC. And CNN.

The best part, though…

‘It Has Been Too Long’: Junk Heaven

“It has been too long. Way too long by the standards of its predecessors, and yet this credit cycle still shows few signs of an impending turn.”

Shrieking Puppets.

We have to win more.

Lamar Alexander And Patty Murray Decided To Rescue Country From Health Care Nightmare

But whatever the case, his “shock and awe” subsidies decision ultimately led Sen. Lamar Alexander and Sen. Patty Murray to reach a short-term deal to keep the entire healthcare system from falling apart.

Trader: I Never Saw The ‘Just Get Me In’ Panic Again. Until Now…

“Owning an asset regardless of price is what created the dotcom bubble. It didn’t work then, and it won’t work now.”

Trump Digs Up John Kelly’s Dead Son In Defense Of Outrageous Obama Claim

If this isn’t enough to make Kelly question whether he needs to resign, then we don’t know what is.

McCain Responds To Trump’s ‘Fight’ Threat: ‘I’ve Faced Far Greater Challenges Than That’

That may well be the understatement of the year.