“InformationTechnology has been the primary driver of above-average fund returns versus their benchmarks in 2017 (Exhibit 5). The average large-cap mutual fund is overweight Info Tech by 144 bp, the largest overweight across all sectors.”
Day: August 24, 2017
Larry Summers Just Got Back From Mexico And They’re Laughing At Us Down There
“…leaders have moved from being appalled and alarmed by the Trump administration to being appalled and bemused.”
This Hasn’t Happened To The Yuan Since July Of 2014
“…this wouldn’t be the worst time to create some renewed depreciation.”
Tammy Duckworth Is Not Amused With Trump’s Transgender Ban
“When I was bleeding to death in my Black Hawk”…
Waiting Game.
Just biding time…
Grocers Dive As Amazon Delivers ‘Fresh’ F*ck You With ‘More To Come’
AMAZON SAYS WHOLE FOODS TO CUT SOME PRICES STARTING MONDAY
Will Friday Be Yellen’s ‘Irrational Exuberance’ Moment?
Therein lies the irony…
‘It Would Push The U.S. Into Recession’: Barclays Weighs In On Debt Ceiling, Shutdown Risk
“A contraction of federal spending of this magnitude, the risk of default, sovereign reputational risk, and negative consequences for confidence and private sector behavior would likely push the economy into a recession if the situation persisted.”
Stocks Have ‘Friends In High Places’
Well, former trader and man who has been trying really, really hard lately to keep
Tribune Reporter Pens Hilarious ‘Apology’ To Trump On Behalf Of ‘Fake News’
“Please accept this apology. I am not at all proud of the things I’ve made you do.”
More Currency Wars: Forint Plunges As NBH Loses Patience
“Closely examining the application of our tools”
Trump Pre-Blames ‘Mitch M’ For U.S. Default, Then Tweets Picture Of Himself ‘Eclipsing’ Obama
“The best eclipse ever!”Â
‘Go Figure!’ SocGen Reveals The Ugly Truth About The Buyback Bonanza
“Buybacks may boost the market, but they do not obviously benefit those companies doing it.”
Andy Hemming Had The Hardest Job In The World – And He Just Gave Up
Yes, Hemming “spends his days immersed in cable television, Twitter, print and online media to suss out positive stories about Trump” – so basically, Hemming has (or had) the same job as the President himself.
I Put Up A Banner In Trump Tower – Here’s What Happened Next
Secret Service: “Do you know Melissa Byrne?â€
Neighbor: “No.â€
Secret Service: “Why would she protest President Trump?â€
Neighbor: “Because he’s a f—ing racist.â€
Key Calls (Thursday): Upgrades, Downgrades & Initiations
You need an upgrade.
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