“Instead of spending its precious reserves to defend the peso, Mexico should just buy Twitter Inc. — at a cost of about $12 billion — and immediately shut it down.” They’ve got the money so what the hell, right?
Day: January 12, 2017
“Cash”ing In?
The holder of cash has an effective option to purchase more volatile assets if and
It’s A “Clearly Artificial Regime”: No Love For The PBoC
Last week, we witnessed a truly epic short squeeze in Hong Kong. Soaring deposit rates,
Thursday Humor: Epic Headline Hockey
Fake news?
Think The Great Bond Bull Market Is Dead? Not So Fast
Old bulls, like old habits, die hard.
More Cold Turkey: Is It A Currency Crisis Or Not?
On Wednesday, in a post that was simultaneously tragic and hilarious, I documented Turkey’s unfolding
Thursday Chart Check: How Far Are We From Throwing A “Tantrum”?
Needless to say, there’s been no shortage of speculation this year about yields and where
“It’s Like Living In The Roman Colosseum”: Reaction To Trump Presser Lacks Nuance
“If investors were left disappointed on details relevant to the economy and policies, it’s because no one raised the issues in any substantive way.”
Daily Kickstart (Dollar Doldrums)
Oh how the mighty (greenback) has fallen. The consensus trade of 2017 is having a rough
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