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Author: therealheisenberg

Nomura’s McElligott On Trump’s Trade Tweet: This Is Either ‘Epic Poker-Playing Or A Raging Miscalculation’

May 5, 2019May 5, 2019

Beware “vigilante markets”.

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7 Comments on Nomura’s McElligott On Trump’s Trade Tweet: This Is Either ‘Epic Poker-Playing Or A Raging Miscalculation’

Trading ‘Transitory’, Doves Down Under & Fightin’ Words: Full Week Ahead Preview

May 5, 2019November 6, 2021

Steel yourself.

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‘No!’ Trump Ruins Your Weekend, Says He’ll Restart Trade War With China On Friday

May 5, 2019May 5, 2019

“The 10% will go up to 25% on Friday.”

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10 Comments on ‘No!’ Trump Ruins Your Weekend, Says He’ll Restart Trade War With China On Friday

Behold: The Most Hypocritical, Ridiculous MMT Broadside Yet

May 5, 2019November 6, 2021

Brought to you by four people who voted for Trump’s deficit-ballooning tax cut package.

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6 Comments on Behold: The Most Hypocritical, Ridiculous MMT Broadside Yet

‘Robert Cialdini Move’ Or Full-AOC? An ‘Apoplectic’ World Confronts MMT Juggernaut

May 4, 2019May 4, 2019

“The government debt and deficits scolds are just plain wrong, in our view.”

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5 Comments on ‘Robert Cialdini Move’ Or Full-AOC? An ‘Apoplectic’ World Confronts MMT Juggernaut

‘Disharmony’ And What’s ‘Frustrating’ Goldman’s Clients

May 4, 2019May 4, 2019

“This week the Reiwa era of ‘beautiful harmony’ began in Japan but”…

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1 Comment on ‘Disharmony’ And What’s ‘Frustrating’ Goldman’s Clients

After Wild Week, Trump Takes Refuge In Hour-Long Call With Putin

May 3, 2019May 4, 2019

Things were a mess inside the Beltway this week.

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4 Comments on After Wild Week, Trump Takes Refuge In Hour-Long Call With Putin

SocGen: ‘We Cringe’ Whenever We See That Chart Of The VIX And The Yield Curve

May 3, 2019

It’s spurious.

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2 Comments on SocGen: ‘We Cringe’ Whenever We See That Chart Of The VIX And The Yield Curve

Larry Kudlow Cranks Propaganda Knob To Spinal Tap-ish ’11’ In Absurd Friday Press Junket

May 3, 2019May 3, 2019

Unadulterated, state propaganda. Period. 

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5 Comments on Larry Kudlow Cranks Propaganda Knob To Spinal Tap-ish ’11’ In Absurd Friday Press Junket

Macro Rumor Mill: ‘High-Profile Former Central Bank Head’ Says Odds Of Q1 2020 Fed Hike Higher Than Odds Of Cut

May 3, 2019

“Word around the macro universe”…

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2 Comments on Macro Rumor Mill: ‘High-Profile Former Central Bank Head’ Says Odds Of Q1 2020 Fed Hike Higher Than Odds Of Cut

Jobs Report Blows Away Estimates, Unemployment Rate Falls, Wage Growth Again Cooler-Than-Expected

May 3, 2019May 3, 2019

Who wants to re-trade the Fed?

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3 Comments on Jobs Report Blows Away Estimates, Unemployment Rate Falls, Wage Growth Again Cooler-Than-Expected

Latest European ‘Green Shoot’ Gets The ‘Meh’ Treatment

May 3, 2019

Still, Europe will take anything it can get.

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Don’t Blame CTAs Or Risk Parity For The Simultaneous Selloff In Stocks And Bonds

May 2, 2019May 2, 2019

“Stability breeds instability, however.”

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2 Comments on Don’t Blame CTAs Or Risk Parity For The Simultaneous Selloff In Stocks And Bonds

Stephen Moore Pulls Out Of Fed ‘Process’, Sparing America Any Further Screwing

May 2, 2019May 3, 2019

“My biggest ally is the president [and] he’s full speed ahead”.

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10 Comments on Stephen Moore Pulls Out Of Fed ‘Process’, Sparing America Any Further Screwing

One Bank Marvels At ‘Eye-Watering’ Grab For Yield As New Issue Demand Hits Record

May 2, 2019

“Whatever it takes”, I suppose.

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1 Comment on One Bank Marvels At ‘Eye-Watering’ Grab For Yield As New Issue Demand Hits Record

Nomura’s McElligott Rolls Eyes At Powell’s ‘Transitory’ Inflation Message, Says Bar For Cut ‘Infinitely’ Lower Than Bar For Hike

May 2, 2019

“I remain completely convinced that the bar to CUT is infinitely lower than the bar to HIKE.

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1 Comment on Nomura’s McElligott Rolls Eyes At Powell’s ‘Transitory’ Inflation Message, Says Bar For Cut ‘Infinitely’ Lower Than Bar For Hike

Goldman: The Odds Of A Rate Cut Were Already Low, Now They’re Lower

May 2, 2019May 2, 2019

Powell quickly reversed [the] initial impression.

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Crisis Looms As Barr Refuses To Appear Before House, Nadler Threatens Contempt Citation

May 1, 2019May 2, 2019

“The attorney general is trying to blackmail the committee”.

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2 Comments on Crisis Looms As Barr Refuses To Appear Before House, Nadler Threatens Contempt Citation

‘Plain English’ Goes Awry – Again

May 1, 2019May 1, 2019

However, things took an abrupt turn during the press conference…

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6 Comments on ‘Plain English’ Goes Awry – Again

Fed Attempts ‘Dovish Hold’, Emphasizes Muted Inflation, Lowers IOER

May 1, 2019May 1, 2019

Now, let’s go to Twitter to see what the president thinks.

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William Barr Wishes We Could All Just Agree To Disagree About This Whole ‘Did The President Obstruct Justice?’ Thing

May 1, 2019May 1, 2019

Obfuscation at its best – or worst, depending on how you want to look at things.

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Harley Bassman: ‘Be Prepared For MMT To Be Implemented’

May 1, 2019November 6, 2021

“Maybe it will be different this time……not likely.”

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6 Comments on Harley Bassman: ‘Be Prepared For MMT To Be Implemented’

Here’s What Nomura’s Charlie McElligott Is Watching For From The Fed

May 1, 2019May 1, 2019

Here’s a quick primer on the key debates and discussions.

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SocGen: ‘Sell In May’ Is Less Likely To Work This Year

May 1, 2019

This time is different, apparently.

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1 Comment on SocGen: ‘Sell In May’ Is Less Likely To Work This Year

Mueller To Barr: ‘You Did Not Capture The Context And Substance Of My Work’

April 30, 2019November 1, 2021

“There is now public confusion about critical aspects of the results of our investigation.”

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2 Comments on Mueller To Barr: ‘You Did Not Capture The Context And Substance Of My Work’

As Carl Icahn Joins MMT Fearmongering Party, We Promise Not To Play You An Embarrassing CNBC Clip From 2016…

April 30, 2019November 1, 2021

Just kidding! Here’s the clip.

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9 Comments on As Carl Icahn Joins MMT Fearmongering Party, We Promise Not To Play You An Embarrassing CNBC Clip From 2016…

Trump: ‘Lowering Of Rates’ By ‘Like One Point’ Will Make Us Go ‘Up Like Rocket’, Weeee!

April 30, 2019April 30, 2019

Trump has (again) transcended satire.

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3 Comments on Trump: ‘Lowering Of Rates’ By ‘Like One Point’ Will Make Us Go ‘Up Like Rocket’, Weeee!

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