‘Monday Could Look Very Different From Friday’
Former trader and current man who thinks this already-shortened week should probably just end on Thursday, Richard Breslow, is out with his latest missive and it's a fleeting affair.
Breslow has given up on this week and he thinks maybe you should too.
Because as it turns out, Kim and Irma have stolen the spotlight from Draghi and Poloz despite the latter's best efforts to wake everyone up to the fact that it is in fact possible to hike rates in the post-crisis environment (or at least it's po
Isn’t that a bitch about this “market closed” stuff?? Haven’t seen this many easily broken plates flying around in the air at one time since….well…since something. Wonder if there are enough hands to catch them as they fall? Or maybe more important , enough spin to make them all seem, well, impertinent. There aren’t going to be a lot of cozy places to hide with one’s backstops and hedges..something’s brewing and I don’t think it’s a nice fresh pot of Dark Roast.
Empirical answer: Hide in “safe haven” paper from bigly insolvent governments like the euro, yuan and yen (fave target of Kim’s test missiles). How fucked-up is all that, lol
Traders first, humans second, democraps turd… In decreasing order of rational beings.