“If you’re short vol, you make money…but eventually die. But if you’re long vol, you die before you make money.â€
Author: therealheisenberg
More Questions Than Answers In Latest Chinese Trade Data
If you’re looking for clarity on China’s economy from the April trade data, you can look elsewhere.Â
‘The Real Surprise Is That It Took Trump Until Sunday To Blow Up’: Trade Outlook Sours Further As Details Of Rift Emerge
Slowly but surely, a more complete picture is emerging of what went wrong between the US and China.
‘You’ve Reached Jay Powell, I’m Unavailable Right Now, Please Leave A Message’…
…straight to voicemail.
Nomura’s McElligott ‘Rubbernecks’ Tuesday’s Crash, Says ‘Flow Risk’ Is Materializing
“It currently looks as if as we are seeing this supply ‘tip’ into realization”.
Jeff Gundlach Delivers Surprisingly Cogent CNBC Interview, Calls Out Fed, Trump Administration
“We’re numb to that because of social media.”
‘Shut Up And Get To Work’: The World Is Underestimating Matteo Salvini
“That’s the final warning.”
Vice Chair Clarida Isn’t Sure You’re Getting The Message
Any perceived recalcitrance will be met with jeers.
Burnt Turkey.
“Whatever we did to the terrorists threatening our borders, we will do the same” to economic saboteurs.
Watching, Waiting
Minutes to midnight (Friday).
Steve Mnuchin Agrees To Fall On Tax Return Grenade For Trump
“…what’s unprecedented is this Secretary refusing to comply with our lawful, Article I request”.
Anarchy Reigns: After Stunning Reversal, Markets Blindsided Again By New Tariff Headlines
Don’t call it a comeback – no, really, don’t.
Surprise! Erdogan Nullifies Istanbul Vote – Cue Incredulous EM Watchers
If you didn’t see this coming, you have nobody to blame but yourself.
The Best-Laid Plans: Wall Street Weighs What Could Go Wrong With Trump’s China Gamble
“While that may well be the plan”…
Goldman Doubles Odds Of Auto Tariffs, Calls Trump’s Trade Tantrum ‘Significant Shift’
“This development has incrementally negative implications for the outlook.”
As VIX Spikes, Trump Says ‘Sorry’, Not Sorry
“…we’re not going to be doing that anymore!”
China’s Monday Meltdown In Pictures
“Rough day” doesn’t quite capture it.
China Considers Canceling Trade Talks, Yuan Dives, PBoC Announces Targeted RRR Cut
On the “bright” side…
‘No!’ Trump Ruins Your Weekend, Says He’ll Restart Trade War With China On Friday
“The 10% will go up to 25% on Friday.”
Behold: The Most Hypocritical, Ridiculous MMT Broadside Yet
Brought to you by four people who voted for Trump’s deficit-ballooning tax cut package.
‘Robert Cialdini Move’ Or Full-AOC? An ‘Apoplectic’ World Confronts MMT Juggernaut
“The government debt and deficits scolds are just plain wrong, in our view.”
‘Disharmony’ And What’s ‘Frustrating’ Goldman’s Clients
“This week the Reiwa era of ‘beautiful harmony’ began in Japan but”…
After Wild Week, Trump Takes Refuge In Hour-Long Call With Putin
Things were a mess inside the Beltway this week.
Larry Kudlow Cranks Propaganda Knob To Spinal Tap-ish ’11’ In Absurd Friday Press Junket
Unadulterated, state propaganda. Period.Â
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