“Faithful execution of the law does not permit the president to substitute his own policy priorities for those that Congress has enacted into law”.
Author: therealheisenberg
Trump, Savior Of ‘Forgotten Americans,’ Handed Wall Street $32.4 Billion in 2018, 2019
“Will you say, ‘Thank you, Mr. President,’ at least, huh?â€Â
As Parnas Implicates Trump To Maddow, Ukraine Opens Investigation Into Donor’s Claims Of Yovanovitch Tail
“[He’s] a weird character”.
MAGA Economy Gets Spate Of Good News In Retail Sales, Philly Fed
In an election year, every little print helps.
Eight Months After Bear Market, Erdogan Drives Real Rates Negative As Local Stocks Boom
You can’t keep a “good” autocrat down.
Morgan Stanley Posts Another Good Quarter, Logs Record Full-Year Revenue, Profits
An across-the-board beat – or at least on a quick read.
What’s Behind The Rally? It’s The Liquidity, Stupid.
“And I think we ought to be sensitive to that”.
After Marathon Harangue, Trump Signs Trade Deal With China’s Liu He. Here Are The Highlights, Details
“Trump is out here doing an improv comedy routine”.
Marko Kolanovic Flags Iran ‘Tail Risk’ After Soleimani Strike. Says Investors Should Hedge Into US Election
“The market currently is not pricing any significant risk”.
‘The Senate Is On Trial As Well As The President’: Here Are Your Impeachment Managers
“We’ve always felt a certain urgency about this”.
Disastrous Inflation Print Points To Imminent BOE Rate Cut
“If we defer, then risks of a low inflation trap, which would certainly not be a benign outcome, would rise”
Goldman Delivers Big Revenue Beat As FICC Surges, EPS Misses On Legal Charge
Also, the new divisional revamp makes for an interesting read.
Target Plunges In Potentially Ominous Sign For Trump’s ‘Biggest Holiday Season In US History’
“Our holiday sales did not meet our expectations”
Bank Of America Delivers A Resounding ‘Meh’
All in all, this doesn’t look fantastic.
‘Can’t Believe Trump Hasn’t Fired This B**ch’: Giuliani Associate Parnas, Hyde Had Ambassador Yovanovitch Tailed In Ukraine
“Guess you can do anything in Ukraine with money”.
Bloomberg Freaks Out As Trump Prepares To Restrict Financial Media Access To Economic Data Releases
HFTs are licking their electronic chops.
Trump’s Sham Trial In The Senate To Begin Next Week, McConnell Says
Let the sham begin!
Elizabeth Warren Says Will Bypass Congress To Cancel Student Loan Debt On ‘Day One’
“We’re facing a crisis that’s holding back our economy and crushing millions of American families”.
Did Analysts Suddenly Give Up On Reverse Engineering Their Buy Ratings? Asking For Albert Edwards
“Greenspan actually believed that all those analysts making these high and higher LT eps forecasts independently couldn’t be wrong”.
Investors Who RSVP’d For World War III Now Ditching Gold, Yen
Who needs insurance when the shooting war is called off and the trade war is on hold?
Inflation Comes In Cool, Underscoring Fed Patience
The narrative persists.
Nomura’s McElligott: ‘It’s Getting Hot’, But ‘Perpetually Easy’ Fin Conditions ‘Keeps Train Rolling’
The proximate cause is no secret.
JPMorgan Beats As FICC Is Predictable Blowout On Easy Comp. Dimon Cites ‘Complex Geopolitical Issues’
“We face a continued high level of complex geopolitical issues”.
China’s December Trade Data Breezes Past Expectations
This is ostensibly helpful for the reflation narrative.
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