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Day: January 6, 2021

Under Siege (A Special Set Of Blinders)

Under Siege (A Special Set Of Blinders)

January 6, 2021January 8, 20216 min read

Given the increasingly glaring disconnect between markets and the real world, I suppose it’s only fitting that US equities managed to hold onto gains Wednesday

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12 Comments on Under Siege (A Special Set Of Blinders)
Victims

Victims

January 6, 2021February 13, 20214 min read

“The United States Senate has a higher calling than an endless spiral of partisan vengeance,” Mitch McConnell said, defying Donald Trump just a half hour

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25 Comments on Victims
The Founders Didn’t Want This, Mike Pence Says, Rebuking Trump In Final Days

The Founders Didn’t Want This, Mike Pence Says, Rebuking Trump In Final Days

January 6, 2021January 7, 20214 min read

“It is my considered judgment that my oath to support and defend the Constitution constrains me from claiming unilateral authority to determine which electoral votes

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10 Comments on The Founders Didn’t Want This, Mike Pence Says, Rebuking Trump In Final Days
Nomura’s McElligott Talks Georgia, ‘Neon Swan’ Parallel

Nomura’s McElligott Talks Georgia, ‘Neon Swan’ Parallel

January 6, 2021January 8, 20217 min read

Early Wednesday, while documenting the initial reaction to a likely Democrat-controlled Senate following the Georgia runoffs, I talked a bit about equities — mostly about

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3 Comments on Nomura’s McElligott Talks Georgia, ‘Neon Swan’ Parallel
ADP Posts Horrendous Miss As Employers Shed 123,000 Jobs

ADP Posts Horrendous Miss As Employers Shed 123,000 Jobs

January 6, 2021January 7, 20212 min read

With markets focused intently on political developments stateside, Wednesday’s data was sure to get short shrift. With that obligatory caveat, ADP was a big miss.

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1 Comment on ADP Posts Horrendous Miss As Employers Shed 123,000 Jobs
Markets React As Dems Secure Historic Victory In Georgia

Markets React As Dems Secure Historic Victory In Georgia

January 6, 2021January 8, 20215 min read

The market reaction to a blue sweep in Georgia was about like one would expect. Raphael Warnock defeated Kelly Loeffler, becoming the state’s first African American

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Georgia Blues

Georgia Blues

January 6, 2021January 7, 20215 min read

“We were told that we couldn’t win this election, but tonight we proved that with hope, hard work and the people by our side, anything

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