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Author: therealheisenberg

Hello, Yuan Bears? China Will Be Squeezing You Now. Have A Nice Day.

August 16, 2018August 16, 2018

“…the three channels of downward pressure on the RMB are now restricted.”

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Progress? China Says It’s Sending Delegation To U.S. This Month To Talk Trade

August 15, 2018

“The Chinese side reiterates that it opposes unilateralism and trade protectionism and does not accept any unilateral trade restrictions.” 

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Rudy Giuliani Says Trump Ready To Fight Possible Mueller Subpoena All The Way To The Supreme Court

August 15, 2018October 15, 2021

“We would move to quash the subpoena.”

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So Much For ‘Just Trolling People’: Trump Revokes John Brennan’s Security Clearance

August 15, 2018October 15, 2021

Now tell us, Paul Ryan, do you still think he was “just trolling people”?

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Turkey Gets $15 Billion Bailout Promise From Qatar: Here’s What It Means

August 15, 2018August 15, 2018

A durable alliance.

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Blood In The Water: Here’s Why The Emerging Market Rout Is Dangerous

August 15, 2018August 15, 2018

Wednesday is a disconcerting day for emerging markets. 

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‘Mr. Trump Is Part Of This’: Safe Manufacturer Closes Last Two U.S. Plants, Moves To Mexico

August 15, 2018August 16, 2018

So much winning.

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Tencent’s Hard Landing Is Stark Reminder Of Tech’s Fallibility

August 15, 2018October 16, 2021

It’s time to quote Howard Marks again…

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After Second Worst Week In A Quarter Century, Turkey Engineers Lira Bounce With Swaps Crackdown

August 15, 2018August 15, 2018

It’s probably fair to say that everyone’s TRY forecasts are “under review”.

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Turkey’s Erdogan Will Now Tax American Liquor And Cars, Will Also Prosecute People For Talking Bad About His Lira

August 15, 2018August 15, 2018

Who knows, maybe Turkey will indict Trump before Mueller does.

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To Spillover Or Not To Spillover, That’s The Question

August 14, 2018

“Spillover”, “contagion”, “transmission”, etc. etc.

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One Bank Warns: ‘Forget Turkey, Asia Is The Elephant In This Room’

August 14, 2018August 15, 2018

“As the tide of excess liquidity recedes, EMs like South Africa will begin to pay the heavy price of this misallocation of credit.”

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Trump Says Sessions Isn’t ‘Real’ AG, Admits Real Reason For Strzok Firing, Calls A Black Woman ‘A Dog’

August 14, 2018October 16, 2021

Sometimes you wonder if Donald Trump is just a man resigned to his own fate.

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Lost Arms, Cut Beards And Untrustworthy Dollars: Just Another Day In Turkey’s Burgeoning Crisis

August 14, 2018

This has descended into farce, which is precisely what you’d expect…

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Farmers Made Worse Again As U.S. Farm Export Prices Plunge Most In 7 Years

August 14, 2018August 15, 2018

“It’s ok, they can take it.”

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Battle Of The Stable Geniuses: Erdogan Boycotts iPhones, Says Everybody Wants A Vestel Venus Now

August 14, 2018August 14, 2018

Recep Tayyip Erdogan has a plan.

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Assessing ‘Narrow’-Mindedness In Markets

August 13, 2018August 14, 2018

FAANGs and such.

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‘Perhaps – Finally – Realistic’: Five Years Later, One Man’s Carry Trade Prophecy Comes True

August 13, 2018August 13, 2018

Bad things come to those who wait.

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Argentina Races Thunderstorm With Monday Panic Hike

August 13, 2018August 13, 2018

“They had to do something”.

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Trump Gets ‘Great Lover’ Peter Strzok Fired, Then Demands Investigation Of Hillary Clinton

August 13, 2018October 16, 2021

“No Collusion, No Obstruction”.

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Let’s Check In On Turkish Banks, Because Realistically, How Bad Could It … Oh, No.

August 13, 2018October 16, 2021

It’s not looking great, but again, valuations are cheap!

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With Lira Now More Volatile Than Bitcoin, Here Are Turkey’s Options For ‘Exiting The Vortex’

August 13, 2018August 13, 2018

“Fictive scenarios”.

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Emerging Market Crisis Beckons As Currencies Shudder Amid Lira Drop

August 13, 2018August 13, 2018

Turkey’s woes are not any semblance of “contained”.

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Turkish Delight: Full Week Ahead Preview

August 12, 2018August 13, 2018

Pray for Turkey.

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Lira Collapses Anew As Erdogan Digs In, Tempts Fate

August 12, 2018August 12, 2018

“Turkey will not convert or seize FX deposits.”

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‘I Dare You’: Erdogan Sets Stage For Outright Collapse In Turkey With Sunday Speech

August 12, 2018

“We see the game you are playing; we dare you.”

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The Bikers Of Bedminster: Another Preposterous Saturday In Trump’s America

August 12, 2018August 13, 2018

Define: surreal.

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