“… by then what will the capital markets look like?”
Month: December 2018
Trump May Fire Mnuchin If Stock Selloff Continues: Reports
You had a good run Steve…
Nikkei Suffers Grievous Loss In Dramatic Rout While Plunge Protection Team Rides To Rescue In China
All (not) quiet on the Eastern front.
There Was One Analyst Who Told You S&P 2,400 Might Be Coming…
“…it’s consistent with the strike of the Fed put around 2400.”
Japanese Stocks Plunge As Nikkei Takes Out 20,000, Falls Into Bear Market
This isn’t the best news for the BoJ.
Stocks Crash In Christmas Eve Bloodbath After Trump Insults Powell’s Golf Game On Twitter
A Christmas Eve massacre.
‘Prudent’: As Panic Spreads, Treasury Rushes To Explain Why Mnuchin Yelled ‘Fire’ In A Crowded Theatre
“A prudent, preemptive measure.”
Another Day, Another Mini-Flash Crash
And now, more broken markets.
Holiday Psych Out: Market Nerves Frayed After Mnuchin Plunge Protection S.O.S.
At least we know the ATMs won’t go dark.
Why Is Steve Mnuchin Calling Wall Street CEOs On Sunday To Ensure ‘Ample Liquidity’?
“The banks all confirmed ample liquidity is available”…
The Infamous ‘Retail Flush’: One Bank ‘Explains’ The December Selloff
Blame mom and pop – or something like that.
Trump To Boot Mattis From Pentagon On January 1, Touts Phone Call With Erdogan
“I am pleased to announce “…
The Fed ‘Substantially Increased The Chances Of A Major Crash’ In The Next 24 Months, One Bank Exclaims
Was this “the Fed’s new ‘subprime is contained’
moment”?
‘I Never Suggested Firing Powell’: As Mnuchin Pulls Damage Control Duty, Some Thoughts And Charts
“I totally disagree with Fed policy.”
Depth Charge, Gamma Gravity And A Dark, Twisted Fantasy Come True
We are now living in a collage of surreal fantasies, each of which could serve as the plot for a thriller.
Trump Said To Consider Firing Jerome Powell – If You’re Surprised, Your Naiveté Knows No Bounds
Nobody could have seen this coming.
It All Falls Down: Stocks Crash Again As Trump Shutdown Begets Friday Rout
It’s over for Trump.
CNBC Gives Fed A Mulligan As John Williams Explains What Powell Actually Meant
A little less “plain English” and a little more of this.
Veteran Trader: ‘Credit Spreads Are All That Matter’
“Or have we reached that ‘obscene point’ where it makes sense to take out some blue tickets?”
China Tips More Stimulus, But Does Anyone Care?
Too little, too late?
Junk ETFs Stress Tested, Reflation Bled Dry And Other Thoughts As Things Go From Bad To Worse
A visual (and narrative) odyssey.
Jim Mattis Resigns – The Last Adult In The Trump Administration Is Gone
“…you have the right to have a Secretary of Defense whose views are better aligned with yours.”
‘Suicide From The Ambush’: A Post-Mortem Of Thursday’s Midday Bloodbath On Wall Street
“His presidency represents a rebellion of the hysterical person against his symbolic persona.”
Trump’s ‘Steel Slats’ Crash Market As Brian Kolfage And 77,000 Friends Pledge $5 Million For Wall
Somehow, “surreal” just doesn’t feel adequate.