“It’s the millennial’s wild west. Like all generations, they’ve discovered a new frontier, with few rules, seedy saloons, gunfights, corpses. As our earthly unknowns disappear, we find new ones in the ether. “
Day: September 17, 2017
Janet. Fed Preview
Good luck out there – your fate rests on the shoulders of a diminutive economist with a pixie cut…
You May Have Had A Better Week Than Some Quants
…it’s fair to ask if maybe the CTA crowd had a bad week. Because long Treasurys and short USD wasn’t exactly how one would have wanted to be positioned ahead of the “no apocalypse” risk rally that saw 10Y yields rip 18bps higher off the previous Friday’s lows while the dollar put in one of its best five-day stretches of 2017.
The Biggest Bubble Of Them All: ‘Work’
“Work is gradually emerging as the biggest hoax in the history of humankind.”
Bitcoin Avengers Assemble! B.I.S. Says Central Banks Should Create Their Own Cryptocurrencies
If the crypto crowd wasn’t already incensed enough after a week that saw Bitcoin collapse as much as 30% on signs that China is deadly serious about Beijing’s ongoing shakedown in the space and after Jamie Dimon delivered a truly scathing critique of what he’s calling a “fraud” that’s destined to “blow up,” they can now add the B.I.S. to their list of adversaries.
Here’s ‘The Friendliest Lawsuit Ever Filed Against The FBI’
“Last month, I sued the Justice Department in what I described as perhaps the friendliest lawsuit ever filed against it. Yesterday, I filed an equally friendly suit—this time against the FBI.”
‘People Are Scared To Put Money In’ – Qatar Stocks Extend Horrific Slide
“…investors did not take the remarks as a sign that the dispute was moving closer to resolution.”
Trump Calls Korea, Asks About ‘Rocket Man’ Then Drives Golf Ball Into Hillary Clinton’s Back
Pennywise, the orange clown President is back.
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