“I can’t do it. I can’t embrace the machines and the vol selling and the ETF parade and the central bankers’ “communication policyâ€. So I’m NOT happy. I don’t sleep well. I DON’T trust the Fed, much less love them, and I never will.”
Day: September 10, 2017
No ‘Apocalypse Now’, But Maybe Later – Full Week Ahead Preview
This week’s market-moving events are likely to be unscheduled. Remember, Irma is still a catastrophic natural disaster even if it didn’t quite turn into a scene out of a bad Jake Gyllenhaal movie. And as the above mentioned Ben Purvis notes, “Kim Jong Un [could decide] to inject himself into the conversation again,” at any time.
Asian Shares Rally, Gold Falls As Markets Breathe Heavy Sigh Of Relief
As noted late last week, things would look quite different on Monday, one way or another.
Disaster Capitalism
“This is the most amazing thing about capitalism, which transcends anything seen across different ideologies, religions or philosophical systems. It has a metabolism of a super-adaptive virus, an absolutely magical property.”
As Irma Hits, A ‘Disastrous’ Econ Retrospective
So I guess the silver lining here is that if we just keep denying climate change and the disasters continue to get worse, we can “look forward” to more frequent and increasingly “bigly” GDP-boosting cleanup efforts.
Dollar, Futs On The Rebound Early As Irma, Kim ‘Disappoint’
Everyone’s worst fears “fail to materialize.”
Clooney Rips Steve Bannon: ‘He’s A Failed F*&%^ng Screenwriter Who Licks My…’
“I’d be ashamed ten years from now if those weaselly little putzes, whose voices are getting a lot higher every week as this presidency starts to look worse and worse weren’t still [after me].”
Janet Napolitano: Here’s Why I’m Suing The Trump Administration
“I recognize that it is unusual for a former Cabinet official to sue the agency she once led. It may be even more unusual to challenge as unconstitutional, unjust and unlawful the elimination of a program originally established by the plaintiff — me — in this litigation.”
Qatari Stocks Fall For 5th Day After Phone Call With Saudis Goes Horribly Wrong
If you have any ideas on how to get negotiations up and running again, please contact the appropriate parties in Riyadh and Doha – just make sure you don’t say they called you.
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