“They mistake the distortions of their wall of money for the wisdom of their observations.”
Author: therealheisenberg
‘What’s The Worst That Can Happen’? Pandora’s Box And The ‘Balkanisation’ Of Spain
“If he loses support in parliament, there’s an outside chance that this could topple the government and create unexpected political risks.”
‘Facebook Has Been Weaponized By Aliens’
“However reluctantly, Zuckerberg is recognizing the not-so-nice aspects of our ever-more-interconnected world.”
‘Maybe Volatility Is The Answer.’
“All this combines to suggest a volatile fourth quarter. Year-end themes remain elusive.”
‘These Go To 11’: SocGen ‘Goes There’
“This is the second longest stretch of consecutive gains for the MSCI World since its formation in 1969.”
Key Calls (Monday): Upgrades, Downgrades & Initiations
You need an upgrade.
‘Tell Them This Guy Is Crazy’: Trump Now Instructs Advisors To Tell People He’s Lost His Mind
“The downsides are obvious.”
Hurricane Damage: Full Week Ahead Preview
Ok, well it’s Sunday which means, barring Trump wandering into a nuclear war in the next several hours, tomorrow will be Monday. This week they’ll be a lot of talk about…
One NFL Player Explains What The Protests Are Really About
“We want to lend our voices to changing this flawed system, which is crippling our nation and especially affects people who are poor or of color.”
FEMA’s Brock Long Reckons Normandy And The Moon Ain’t Got Nothin’ On Puerto Rico
“The most logistically challenging event the United States has ever seen.”
Booms, Busts And (No) Recoveries
“Painting over cracks”…
‘A Fly In The Ointment’ But Nothing To Worry About, Apparently…
“We would characterize existing political risks as of the run-of-the-mill variety that investors always face and a far cry from the high-stakes political events of the past several quarters (events that markets navigated with aplomb.”
Trump Lashes Out At ‘Little Rocket Man’: ‘Save Your Energy Rex’, We’ll ‘Do What Has To Be Done’
Forgive me, but it almost seems like he wants this to escalate. That is: why would you say that?
‘P.S. You Are A Loser’: That Time Donald Trump Sued The NFL And Got $3.76
“He’s the same guy who looks down on anyone in his way, whose audacity and narcissism knows no bounds.”
Trump Appears To Call San Juan Mayor A ‘Politically Motivated Ingrate’
There’s a lot going on in the world on Sunday including violent clashes in Spain ut you can bet when Donald Trump rolled out of bed and put on his rusty Brillo pad wig this morning, he had only two things on his mind…
The Noisy Status Quo
“This is an environment that is bearish for volatility. It fosters further complacency and encourages continued vol selling.”
Pelosi, Schumer: Let’s Not Kick Jessica And Javier Out Of The Country, Ok?
“…including 70% of respondents who approve of Donald Trump’s job performance, according to a CNN poll released this week.”
Today’s ‘Amazon Effect’ Is Not As Large As Yesteryear’s ‘Walmart Effect’ – Yet
So that’s “not nothing” (so to speak), but guess what? It’s not on par with the Walmart effect…
‘You’re Going Straight To Hell’: The Ratings Are In On Trump’s Puerto Rico Tweets
“No long lines for you.”
Russia, Assange, Sputnik, And The Catalan Referendum
“The Russian propaganda machine’s approach to the Catalan question is not uniform. RT’s coverage appears more balanced than that of Sputnik; Assange’s tweets were boosted by some probable pro-Kremlin bots, but these do not appear to have been the majority.”
Is There Any ‘Value’ Left Here? Goldman Answers
Whatever the case, this is going to depend largely on whether…
John Kerry: If Trump Backs Out Of Iran Deal, It Will Be Washington, Not Tehran That’s Isolated
“we believed it would be easier to deal with other differences with Tehran if we weren’t simultaneously confronting a nuclear regime.”
Trump Blasts Puerto Rico: They ‘Want Everything Done For Them’, San Juan Mayor Is Conspiring With Democrats
“Such poor leadership. They want everything done for them”…
The Bulls Can Now Check One More Box
Ok, who’s ready for another visual that depicts the extent which everything you were worried about headed into September is suddenly nothing to worry about anymore?
Krugman: Trump’s Narcissism Is Turning ‘Deadly’
“That’s pretty remarkable. But you have to wonder how much higher the number would be if people really knew what’s going on.”
Central Banks Have ‘Aided And Abetted Market Manipulation’: No One Read This Speech By Kevin Warsh
“The guild is unwise to treat financial markets as some beast to be tamed, cub to be coddled, or market to be manipulated. Too many policymakers appear in thrall to financial markets, and financial markets are in thrall to policymakers, but only one of them will get the last word.”
The Market In-Itself Myth
“We don’t get to say that “it’s OK†not to understand what moves markets, because every day we are all making bets that say we do.”
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