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Author: therealheisenberg

Christine Lagarde Is A ‘Wise Owl’, Isn’t Sure Who (Or What) You Are.

December 12, 2019December 14, 2019

A decent debut, complete with a memorable quote.

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2 Comments on Christine Lagarde Is A ‘Wise Owl’, Isn’t Sure Who (Or What) You Are.

China Deal All But Done. Trump Says ‘VERY’ Close, Dow Jones Tips Tariff Rollbacks

December 12, 2019December 12, 2019

“They want it and so do we!”

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6 Comments on China Deal All But Done. Trump Says ‘VERY’ Close, Dow Jones Tips Tariff Rollbacks

CNBC Welcomes Washed Up Bigot Steve Bannon To Parrot Jim Cramer’s Trade Message

December 12, 2019December 12, 2019

“I just think right now that the tariffs have been a winner”.

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5 Comments on CNBC Welcomes Washed Up Bigot Steve Bannon To Parrot Jim Cramer’s Trade Message

Aramco Touches A ‘Princely’ $2 Trillion Valuation, But Skeptics Abound

December 12, 2019

Ultimately, there’s no escaping the fact that the behemoth is a money printing machine.

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Lagarde Era Begins At ECB

December 12, 2019December 14, 2019

Stepping out of the shadow.

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Erdogan Gets Another Giant Rate Cut As Turkey Virtually Wipes Out Real Rate Buffer

December 12, 2019December 12, 2019

Unlike Donald Trump, when he “asks” for something from the central bank, he gets it.

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Michael Horowitz Knows Two Things: The FBI Made Mistakes & There Is No Damn ‘Deep State’

December 11, 2019December 11, 2019

“I would not call people names like that”.

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1 Comment on Michael Horowitz Knows Two Things: The FBI Made Mistakes & There Is No Damn ‘Deep State’

Jerome Powell Quizzed On Repo Stress As Zoltan Note Makes Cameo In Press Conference

December 11, 2019December 11, 2019

“You asked about year-end”.

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Fed Stands Pat In First Unanimous Decision Since May; Dots Show Policy On Hold Through 2020

December 11, 2019December 11, 2019

“…policy is appropriate”.

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1 Comment on Fed Stands Pat In First Unanimous Decision Since May; Dots Show Policy On Hold Through 2020

‘Perspective Is Not A Static Concept’: Kocic Delivers 2020 Vol. Outlook And It Is Quite Something

December 11, 2019December 12, 2019

“A consequence of our reaction to the underlying informational overload”.

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Trump Was Already Mad At The World Bank. News China Sought Funds For Surveillance In Xinjiang Won’t Help

December 11, 2019December 11, 2019

The documents show loan recipients were looking to obtain technology “compatible” with equipment made by Hikvision and Dahua.

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CPI Is Solid, But Subdued Core Helps Make Case For Accommodation

December 11, 2019

Unlikely to move the needle.

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4 Comments on CPI Is Solid, But Subdued Core Helps Make Case For Accommodation

Limit-Up Debut For Saudi Aramco Gets Crown Prince Closer To ‘Magic’ $2 Trillion Mark

December 11, 2019December 11, 2019

A laughably overwrought ceremony at the Fairmont in Riyadh featured green lasers…

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1 Comment on Limit-Up Debut For Saudi Aramco Gets Crown Prince Closer To ‘Magic’ $2 Trillion Mark

The Case For Gold, According To Goldman

December 10, 2019December 10, 2019

From central banks to MMT and back again.

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1 Comment on The Case For Gold, According To Goldman

In Case It’s Not Clear Enough, William Barr Is Going To Prosecute And Jail Trump’s Enemies

December 10, 2019December 11, 2019

“He’s looking at how it got started”.

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16 Comments on In Case It’s Not Clear Enough, William Barr Is Going To Prosecute And Jail Trump’s Enemies

‘The Day The World Stops Spinning’: Zoltan Pozsar Calls For QE4

December 10, 2019December 10, 2019

“If carry makes the world go ‘round, and reserves make carry possible the day we run out of reserves would be the day when the world would stop spinning”.

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3 Comments on ‘The Day The World Stops Spinning’: Zoltan Pozsar Calls For QE4

Nomura’s McElligott On A Possible ‘Impulse Gap Higher’

December 10, 2019

“The market has [a lot of] protection which will get sold”.

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Abuse Of Power, Obstruction Of Congress: Dems Announce Articles Of Impeachment Against Trump

December 10, 2019December 10, 2019

“Why not let him cheat just one more time?”

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December Tariffs Seen Delayed, But Mercurial Trump Is Wildcard

December 10, 2019December 10, 2019

It’s worth noting that there is no real “consensus” (per se) on what a delay without an interim deal would mean for markets.

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2 Comments on December Tariffs Seen Delayed, But Mercurial Trump Is Wildcard

Wilbur Ross: USMCA Is ‘Biggest Trade Deal In The History Of The Whole World’

December 10, 2019December 10, 2019

And Wilbur would know.

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Who’s Afraid Of Exploding Pork Prices? China Inflation Surge Makes For Good Headlines, Don’t It?

December 10, 2019December 10, 2019

The PBoC claims it has a handle on this, and maybe it does.

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China Enjoys Rebound In Credit Growth After October Collapse

December 10, 2019

Fingers crossed.

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Last Week, One Bank Found ‘The Most Depressing Chart Ever!’ Here’s A Followup

December 9, 2019

The problem: You’ve got to be willing to “take on liquidity risk”.

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Marko Kolanovic Predicted Trump’s Election Win. Here’s What He Thinks About 2020

December 9, 2019December 10, 2019

“With the onset of the trade war in the first quarter of 2018, the impact of Trump’s policies on markets changed drastically”.

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4 Comments on Marko Kolanovic Predicted Trump’s Election Win. Here’s What He Thinks About 2020

Inspector General Horowitz Says FBI Had ‘Authorized Purpose’ To Investigate Trump Campaign, But Criticizes Errors

December 9, 2019December 9, 2019

“We also concluded that, under the AG Guidelines and the DIOG, the FBI had an authorized purpose when it opened Crossfire Hurricane”.

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Marko Kolanovic Delivers 2020 Outlook, Sees Higher Stocks, Better Macro

December 9, 2019December 9, 2019

“At the depth of the market selloff last December, we set a controversial S&P 500 price target of 3,100 for 2019”.

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What Are The Odds Of A Bear Market? Goldman Drills Down

December 9, 2019December 9, 2019

The good, the bad, the bearish and the bullish.

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