Let’s just be clear about one thing: the idea that retaking Raqqa from Islamic State
Day: April 13, 2017
This Chart Shows “The Clouds Darkening For US Autos”…
“…nearly double the average differential by this time last year.”
Chart Of The Day: Central Bank Intervention For Dummies
A “clearly illustrated phenomenon.”
Volatility, A “Tipping Point,” And The Disappearing “QE-Put”
“Why are vols and spreads staying relatively low, despite the rise in policy uncertainty and populism?”
Video: Lawmaker Markwayne Mullin Is Sick Of Taxpayers’ “Bullshit”
“You say you pay for me to do this? That’s bullcrap.”
Oh “Lord”: Idiot Tells African American Woman That Trump Is “The MLK Of Healthcare”
I…I…I want to say something here that I know will drive someone crazy…
Am I Wrong About ETFs Being “Financial WMDs”? Goldman Says “Probably”
“If investors in these vehicles seek to withdraw at the first sign of trouble, then this demandable equity will have the same fire-sale-generating properties as short-term debt.â€
Meanwhile, In Syria: Assad “100% Sure” He Was Set Up, US Accidentally Kills 18 “Friendlies”
So last week, following reports that someone had dropped what social media claimed was “white
Trump: “China Must Properly Deal With North Korea, Or I Will!” Oh, And “USA!”
I’m not really sure why I’m writing this, because it just serves to perpetuate the
“Coiled Springs,” Trump The Rates Strategist, And “The Elephant In The Room”
“One question we’ve pondered is whether the best post-election trade is in bond-land or FX”…
Bill Gross Has Some “Brainteasers” For You And Eventually He’ll Say Something About Markets
“Equity markets are priced for too much hope, high yield bond markets for too much growth, and all asset prices elevated to artificial levels that only a model driven, historically biased investor would believe could lead to returns resembling the past six years, or the decades predating Lehman.”
“Nemesis Awaits”: Albert Edwards Warns Of Central Bank Hubris
” Now we have central bankers patting themselves on the back for having done a jolly good job. That surely is the most worrying, hubristic signal of all.”
Two “Bigly”s: Trump WSJ Comments Battle Kim’s New Road For Overnight Supremacy
Well needless to say, Donald Trump’s comments in the Wall Street Journal (which hit at
Is This Over Yet? “If Ever I Needed A Long Weekend, It’s Right Now”
“The hardest challenge of the day may well be not clock- watching. But while you may have been stopped out more than once this week at least you won’t have tenuous positions when they release big numbers tomorrow with the market shut.”
Key Calls (Thursday): Upgrades, Downgrades, & Initiations
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