In the wake of the BoJ’s Thursday decision to follow Haruhiko Kuroda further and further
Day: July 20, 2017
‘Uncharted Territory In ETF Land’: Inflows To Market ‘WMDs’ Blow Away Records
“We’ve said this before and to be sure, it’s not a popular thing to say if you’re hanging out with retail investors or anyone who isn’t an active manager, but fuck it”…
Thursday Satire: Mitch McConnell Hospitalized With Low White Vote Count
“Mitch McConnell needs a white-vote count of at least fifty in order to function,†he said. “If it falls below fifty and stays there for an extended period of time, he cannot survive.â€
A ‘Gettin’ Away With Murder’ Type Of Day: Thursday Market Wrap
Thursday was all about people who might have gotten away with murder…
Through The Volatility Seller’s Looking Glass
“I was surprised. I didn’t expect the volatility selling to extend to most other financial markets. I had thought it was confined to equities, but I was obviously wrong.”
Here’s Something That Will Never Happen, But Probably Should…
“The only thing it will accomplish is forcing, as well as encouraging, investors to carry on with the types of trades every right-minded observer thinks has a large element of recklessness.”
‘We Don’t Believe You’: FX Market Flips Draghi The Bird
It’s time to call bullshit.
Obama’s Last Laugh
“No repeal and no replace. They can’t even do repeal and punt.”
Traders ‘Buy-The-Trump-Prison-Dip’, But Gold Jumps As ‘POTUS Tirade’ Imminent
“It’s also likely to trigger a POTUS tirade and possible other impulsive actions, which are sending some investors for cover.”
Mueller Expands Trump Investigation; VIX Jumps, USDJPY Dips
“The U.S. special counsel investigating possible ties between the Donald Trump campaign and Russia in last year’s election is examining a broad range of transactions involving Trump’s businesses as well as those of his associates, according to a person familiar with the probe.”
Trump’s Shocking NY Times Interview: A Scathing Critique
“President Trump yesterday issued a stunning vote of no-confidence in basically everyone currently in a leadership position in the Justice Department, the FBI, or the special counsel’s office—in other words, not just some federal law enforcement, but all of it.”
‘Woohoo!’ Brent Tops $50 For First Time Since June 7 As Oil Bulls Get Reprieve
And so, having been given a (probably temporary reprieve) and a new lease on life, the bulls have managed to drive Brent above $50 for the first time since June 7 on Thursday.
The Problem With ‘Simple’ Markets
“The only people who don’t think this market is simple are hedge funds and perma-bears who try to make it complex. Yet even as they are continually wrong, they are right.”
ECB Keeps Everything Unchanged, Language Seems Dovish
Ok, well the euro may have come off a little in the past 24 hours
