“One of Wall Street’s most misbegotten memes is the Goldilocks Economy notion. They invariably trot her out near the end of a business cycle in order to keep the mullets buying stocks and the Fed heads as anesthetized as possible.”
Day: March 14, 2018
Going Forward, There Is No Debate: ‘The Balance Sheet Effect Is One Of Tightening’
But hey, this should be fine, right?
‘History Suggests It Might Be Time To Temper The Enthusiasm’
“It’s 819 days since the start of the Fed tightening cycle. Why would I know that so precisely?”
Toon Time.
C’est la vie.
Jeff Sessions To Fire Andrew McCabe, Strip Him Of Pension Days Before Retirement
Just another day in paradise.
Trump Reaches Deep Into The Bench, Grabs Larry Kudlow From The 80s For NEC Chair
Congrats, Larry. You’re now in the “stable genius” advisory business.
Allianz: Bitcoin’s Intrinsic Value ‘Must Be Zero’
“So is this the end of the hype about bitcoin as the future of global currencies?”
Jeff Gundlach Unveils Groundbreaking Theory: Says Stocks May Fall If 10Y Yields Rise Above 3%
But hey, are you really surprised?
This Is What A Broken Market Looks Like: No One Traded 10Y JGBs On Tuesday
Completely lifeless.
Just Waiting On The ‘Hammer Blow’ That Cracks The ‘Egg Shell’
Oh well, at least space is safe.Â
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