“We as Iran, and I hear Iraq and Venezuela, are against any increase in OPEC production.”
Year: 2018
New From Epsilon Theory: ‘Mental Toughness’
“In investment roles, the need for a short memory, for the ability to come in the next day unchanged and unperturbed by the prior day, seems almost self-evident.”
Trump Calls For WaPo Employee Strike Which Would ‘Get Rid Of Fake News For An Extended Period Of Time’
And also because he wants them to get paid more. And also register as lobbyists.
Cheshire Cat’s Smile: ‘What Is The Fed Worried About?’
“It appears ‘indestructible’, but not in a conventional way, more like a survivor of one’s own death.”
This Was Bible Study Week In America And Your Teachers Are Jeff Sessions And Sarah Huckabee Sanders
What would Jesus do? Jeff Sessions knows.
After All That Hype.
Aaand that’s the week.
Ray Dalio: College Is For Getting Blackout Drunk With Smart People
“Party like crazy”.
There’s A ‘Big Problem’ In Emerging Market Liquidity And Here It Is…
(Back) down the liquidity rabbit hole.
Trump Literally Wanders Out Onto White House Lawn To Talk To Fox & Friends, ‘Covfefe’ Ensues
“When Kim speaks, his people stand up at attention, I want my people to do the same.”
‘Trump Mad, Trump Smash’: It’s Back To April As U.S. Seen Targeting Another $100 Billion Of Chinese Goods In ‘Second Wave’
Because “fuck ’em”, that’s why!
‘Draghi Delivers His Classic’: One Bank’s Take On The ECB And How To Trade It
Dovish rabbit out of a hawkish hat.
Trump Approves Tariffs On $50 Billion In Chinese Goods, Escalating Trade War
Now wait for the imminent retaliation from Beijing.
When Doves Try.
This is what it sounds like.
Just When Bitcoin Bulls Thought It Couldn’t Possibly Get Any Worse, Steve Bannon Showed Up
“Mr. Bannon won’t reveal very much about his cryptocurrency plans — he worries that the controversy that comes with his name could have a bad impact on projects just getting off the ground.”
New York Sues Trump, Ivanka, Don Jr, Eric Because It Turns Out Their Charity Was An Illegal Personal ‘Checkbook’ (Allegedly)
“…willful self-dealing transactions, and failure to follow basic fiduciary obligations or to implement even elementary corporate formalities required by law.”
Draghi Sticks Impossible Dismount, Puts Dovish Spin On QE Expiration Date While Simultaneously Adopting Date-Based Rates Guidance
Well, say what you will about the relative merits of Jerome Powell’s “plain English” approach to press conferences, but Mario Draghi just delivered a clinic in how to do this “right.”
Trump Says 110-Year-Old Parents Of Korean POWs Asked Him To Bring Their Sons Home – Frederick Douglass To Lead Effort
“When you can, we’d love our son to be brought back home — you know, the remains.”
ECB Announces September Taper, Will End QE In December, Rates To Remain On Hold Until Summer 2019
And there it is, folks. At least you’ll get €15 billion/month through December and a commitment to keep rates on hold through next June.
China Suddenly Not So Trigger-Happy When It Comes To Calling The Fed
The prospect of punishing tariffs isn’t helping matters.
Here’s What Wall Street Thinks About The Fed’s ‘Hawkish’ Hike
Probably more than you wanted to know, but hey: “more cowbell”, right?
Say It Ain’t So! Sarah Huckabee Sanders Said Planning Exit From Trump Administration
But who will lie to us now?!
‘Plain English’.
Do you speak it?!
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