Goldman Asks: ‘Will The Machines Amplify the Next Downturn?’

Expect this to get plenty of attention.

“HFTs know the price of everything and the value of nothing.”


Morgan Stanley Recalls Quant From Bridgewater Internship/Spy Mission

Court Crane brings the Tao of Ray to the House of Gorman.


Premature elation.

Trump Holds Court With Moon, Says Obama Was Spying On Him, Brags About Xi’s Poker Skills, Promises To Make Kim Jong-Un Rich


‘9 Times? 9 Times’: White House Pretty Sure Blowback From The Whole ‘They’re Animals’ Thing Is Just Veiled Praise

“It’s hard to imagine that if Hillary Clinton had won, she’d proudly display on a “Deplorables Update: Straight Outta the Trailer Park” help page, and under Obama, never had “Everything You Always Wanted to Know About Bitter Gun and Bible Clingers* (And The Stupid Police).”

Bond Market Pretty Sure Populism Is More Dangerous Than Any Sanctions Russia Might Have Incurred For Covertly Pushing Populism

Pick your poison and mind the self-referential absurdity of the whole damn thing.

Turkey Now Less Credit Worthy Than Senegal Amid Ongoing Currency Crisis … Is What A ‘Gulenist Tool’ Would Say

Are you trying to make Erdogan lose his mind? Because you’re going to make Erdogan lose his mind.

A Not-So-Brave New World: What’s The Difference Between Markets During QE And Now?

Any bids on BTPs and/or the lira?

As China Slashes Car Tariffs, Rumors Fly: Did Trump ‘Cave’ Or Is Good News Just Good News?

“Trump changed the dynamic regarding China but in one weekend Secretary Mnuchin has given it away” — local moron.

Carmen Reinhart Has Every Right To ‘Stink’ This Place Up With Her ‘Innocent’ Comments About Emerging Markets Being ‘Worse Than 2008’, Ok?

“It was an innocent comment.”

Jose Canseco Needs A Lawyer For An ICO That Merges Celebrity Crypto With Unwanted Hugs

Everyone’s favorite steroid-using market genius (not named Nassim Nicholas Taleb) is getting in on the crypto craze at exactly the right time! You know, like he did with gold.


Monday was predictable.

One Wall Streeter Discovers It’s Ok To Be ‘DUMB’

Deluard says he remains bullish on the “DUMB “.

Oil Is Responsible For Rising Bond Yields, But Not In The Way You Think, According To One Bank

A more “credible” explanation?

‘God Help Us’: Currency Crisis In Turkey Has One Broker Praying For Two Kinds Of Intervention

God ain’t gonna help you here, I’m afraid.