“Dear me, the man is dense, is he not? This is a castle isn’t it? There are tapestries here?”
Month: April 2018
‘Doc Ronny’ Jackson And His Percocets Didn’t Want Your Damn Veterans Affairs Position Anyway
“We call him Doc Ronny, you know, we call him ‘Doc Ronny,’ and we call him ‘Admiral Ron.'”
Down $3.8 Billion Already, Deripaska Will Fight To The Bitter End – Aluminum Jumps
As a reminder, this has already cost Deripaska nearly $4 billion in personal wealth.
Trader Breaks Down Big League Transatlantic Bond Trade
“Never forget that Shooter blew a 4 stroke lead on the back nine.”
ECB On Hold: Everything You Need To Know For Draghi
It’ll be more interesting than people were anticipating in light of last Friday’s comments from Draghi and recent lackluster econ.
The Dragon, The Riks, And The Wardrobe
Well, here’s hoping the “dragon energy” is with you on Thursday.
Cracks In The Carry Trade
“For the first time since the start of 2016 (when the risk-on phase started), dollar liquidity has rolled over.”
Mick Mulvaney To Banking Industry: I Don’t Dance Now, I Make Money Moves
Only Mick Mulvaney would have the balls to explain lobbying to lobbyists.
‘Dragon Energy’.
That’s one “very cool” holding pattern.
Here’s Why There May Be Rainy Days Ahead For A Popular Hedge Fund Strategy
“The strategy almost looks foolproof on paper.  Yet like most things in the markets, nothing lasts forever.”
Two Reasons To Doubt The Narrative On Yields And Stocks
…have you run out of ways to communicate that you think the hysteria might be overdone while simultaneously ensuring that in your zeal to make fun of everyone else, you hedge your language enough that in the event the locusts actually do come, you can retain some credibility?Â
Mike Pompeo Thinks It’s About Time America Had A Secretary Of State That’s In Good With Jesus
” “The people that worked under him at the CIA that came to us were never confused—they never had time to be confused. They were shocked and then they were scared shitless”…
‘Herd’ On The Street: Crowded Trades Get Slaughtered As World’s Most-Followed ‘Strategist’ Proven Right
Don’t say he didn’t warn you.
Turkey Delivers LLW Hike, But It’s Not Going To Be Enough Because They Have A Sultan Who Calls Himself ‘The Enemy Of Interest Rates’
Yeah, that’s probably not going to do it.
Pins And Needles.
Mood.
David Stockman: Trump Is ‘Piling One Delusion Upon Another’
“Stated differently, the Orange Comb-Over is definitely not making America Great Again.”
Terrible Tuesday.
That didn’t go so well.
Jeff Sessions Won’t Recuse Himself From Cohen Probe Because If He Does That, How Will He Feed Trump All The Juicy Details?
Yeah, I mean what do you expect, right?Â
Trump Very Impressed With ‘Honorable’ Kim Jong-Un, Not So Impressed With Macron’s ‘Dandruff’, Iranian Devils
“I think, from everything we’re seeing”, that the world is ending.
Crypto Assets Are Up 75% In April, In Case You Were Wondering Whether People Are Still Morons
Watch your “double bottoms.”
It’s Time To Talk About Petrodollar Flows
If you do the math there, that means that in the space of just two years, there was a ~$400 billion decline in reserve accumulation from oil exporters. That’s “QT” – depending of course on what they’re accumulating.
Revisiting The Hierarchy Of Vulnerability (Again)
The bottom line (or at least from where I’m sitting), is this…
Bailed Out By Beijing: Fiscal Stimulus Hint Catalyzes Big Rally In Chinese Stocks
Margined housewives rejoice!
David Stockman Weighs In On 10Y Yields At 3%
“In a word, honest bond yields will knock the stuffings out of the mainstream fairy tale that passes for economic and financial reality.”
Let’s Talk About ‘Extreme’ Moves And Volatility Spillover Some More, Ok?
And so the debate continues.
Bad Things Come In 3s.
This was just the kind of day that makes you dread the rest of the week.
