“Throughout the crack cocaine epidemic, there was little or no discussion of the crisis being brought on by economic despair, or that it was a public health issue, or that the users needed rehabilitation.”
Month: September 2017
False Start.
15 yards…
‘It’s Already Up More Than $10 Million’ – Steepeners Are Starting To Pay
“The combination created a bet on curve steepening that gains or loses $4.2 million for each basis point move in the yield spread. It’s already up more than $10 million”…
High School Students Will Now Be ‘Punished’ For Not Standing During Anthem
Anyone who doesn’t abide by this is subject to punishment which, for now anyway, will be confined to “extra running to a one-game suspension.â€
‘There’s An Old Saying In Texas’…
“There’s an oft-quoted cliche that the definition of insanity is trying the same thing over and over expecting a different result.”
Cold Pizza, The Chadian Menace, And A ‘Tough’ Travel Ban
“Don’t you feel safe?”
New Poll: 56% To 42%, Americans Say Trump ‘Not Fit’ To Be President
Donald Trump has been riding a hot streak lately. Maybe you noticed.Â
Bloomberg On Trump’s Tax Plan: You Can’t Even Call This A Good Start
“With the release of their new “framework” for tax reform, President Donald Trump and congressional Republicans have once again succeeded in avoiding an actual plan.”
Trader: Investors Have Become ‘A Great Passel Of Hogs’ Who Will Be Summarily ‘Butchered’
“In a financial world characterized by central bank front running and put issuing, being a swine has been acceptable behavior. You can play the part and not get slapped. However, as we start to seriously contemplate tapering or, dare I say it, normalizing, the risk becomes that the great passel of hogs does meet their prophesized fate and gets butchered.”
3 Reasons Goldman Thinks ‘Trump Trade’ Part Deux Is For Real
Hooray! The “Trump trade” is back! Not really. I mean, it is. I guess. Assuming
Don’t Forget About The Perverse Dynamic In The Euro
And that’s the irony here.
Just One Question As The Bond Rout Continues: When’s The Tantrum In Stocks?
Ok, so the setup is definitely in place…
Here’s What’s Really Going On: ‘A Machiavellian Read’
“One school of thought is that they have played their cards exceptionally well this year in the FX market.”
Key Calls (Thursday): Upgrades, Downgrades & Initiations
You need an upgrade.
Bonds Are Stuck In The Worst Rut In 52 Years – Here’s Why
“The world’s most important bond market is stuck in its worst rut in more than half a century.”Â
Still One Of My Favorite Trades
“This might seem trite, but the scariest thing in today’s market is currency strength. No one wants it. No one can afford it.”
Senate Intelligence Committee Said To Call Google In Russia Probe: Politico
“…federal officials have expressed concern that Kremlin-linked entities may have tried to game Google’s algorithm to shape the search results of voters seeking political news and information.”
‘Believe Me.’
What could go wrong?
Trump Reckons NFL Has Two Choices: End Free Speech Or ‘Go To Hell’
“They’re in a box”…
Investors Are Scared To Death Of Geopolitics – So They’re Long Stocks And EM
And yet true to form in a world where policymakers have turned everyone from macro managers to Target employees into vol. sellers and carry traders…
‘Middle Class Must Mean Trump Tower’: Dems Blast Tax Plan, Wall Street Luke Warm
“If the Republican blueprint for tax reform is about middle class, then Trump Tower is middle-class housing.”
Trader: ‘Some Politician Is Going To Make A Bad Mistake Down The Road’
“That’s all a sign of acceptance of looming rate moves coupled with the depressing expectation that some politician is going to make a bad mistake down the road.”
Read: Here Is The Complete Republican Tax Plan
Parse it and decide for yourself how “bigly” and/or “phenomenal” it is…
Behold: ‘Proof’ That Markets Are Still Efficient.
Again: who said markets are no longer efficient?
Trump Accuses WaPo, NY Times Of ‘Collusion’, Says He’s Greatest President Of All Time
“…no President has accomplished what I’ve accomplished.”
The Taliban Tried To Murder Jim Mattis Today With Rocket-Propelled Grenades
“[I want] to reinforce to the Taliban that the only path to peace and political legitimacy for them is through a negotiated settlement.”
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