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Scott Told Me So (Golden Age Loading)
We gotta get this sucker rebalanced! That's the rallying cry on Wall Street, where "Because Scott Bessent told me so" is the answer to every question.
Government (Guvment) is too big, and if you wanna know what the problem was these last four years, and thereby why the US electorate decided to give Donald Trump a chance to get himself impeached a couple more times, and maybe lead another armed assault on the US Capitol, it's real simple: Joe Biden crowded out the private sector.
On Monday, Mor
“If Trump’s policies are implemented properly”
I don’t get the sense people are listening to what they are actually saying at this point. Like Mike Wilson actually said this with a straight face and didn’t smirk or chuckle to himself?
Money != merit, Mike is living proof of that.
Love the sarcasm
And to think that I once respected Wilson more than most of the street blowhard chorus. Ah well.
The polling on foreign aid is astonishing. But not as much as a poll of Republican voters which revealed that they estimated that 28% of the population is transgender.(That triggered a lively round of speculation and finget pointing among the four alumni of a rock band in once played in because that estimate meant that one of us must be trans.)
Totally agree, sadly, laughed out loud a couple of times!
Great satire. Wilson is shilling for Bessent & co.’s self-interested market torpedoes. I’ve apparently missed the Wall Street narrative that blowing up the US economy is the path to future prosperity. Bessent apparently missed the first fifteen years of recent Japanese deflation, in his arrogant belief that they can “rebuild better” after destruction of consumer & business confidence. Unbelievable.
Bring back that painted guy with the horns ! Show us you mean business !
You didn’t hear the news? Hegseth just made him a 5 star general in charge of US european command.
I’d rather hear from McEligott right now, than from Wilson. VIX at 28 and so on.
Wilson’s value has always been his long-running BAML investor surveys and the consensus positioning/sentiment data therein. Other than as a reporter of that data, he’s never struck me as a perspicacious market thinker.
You’re getting Mike Wilson confused with Michael Hartnett.
I’m sorry – you are right. My apologies to both!
Scotty doesn’t know!
I can’t believe Mike’s so trusting
While Trump’s right behind Scott combusting
Putin’s got him on the phone
And he’s trying not to moan
It’s a three way call and Scott knows nothing
(RIP Michelle Trachtenberg)
H, you are in rare form today. I love it. This is what makes this a very entertaining read.
Bravo, H.
…and extra thanks to Sgt Hulka from Dewey Oxburger…
I might have added “Have fun.” to the 2nd to last paragraph…
H., are you serious? Wilson said those things? No wonder a friend at MS ignores him. I won’t talk on the phone with most clients, as I am forced to listen to such misogynistic bullshit and mumble my agreement. I also won’t listen to you disparage things that I know – so notes like this is as close as we get. It is why equities have weird relationips wih empirical data – and lately it’s the worst ever. Maybe I am one of the 28% transgender (One question? Was that Democrats only or all of us?)
John, Some of this is satire. Are you unable to discern that? I mean, here again I feel like I should emphasize that it’s not always clear to me that you’re reading my stuff correctly. You seem to sometimes miss the point, and other times you seem genuinely unapprised of when I’m kidding and when I’m not. Don’t get me wrong, there are no misattributed quotes in this article. But it’s a satirical piece.
I can’t be the only one who thinks we need an Odd Couple show featuring H and John.