“Yet, rolling back prohibitions on harder drugs is likely to bring greater benefits than those produced by the relaxation of marijuana prohibitions precisely because the harder drugs are more dangerous.”
Author: therealheisenberg
‘Surely’ You Care That Your Returns Will Be ‘Paltry’, Right?!
“Surely that should still be a concern?”
Caution Needed: ‘Draghi In Mirror Is Closer Than He Appears’
“…keep an eye on how Jackson Hole begins to get handicapped as it becomes more imminent. And don’t assume Friday’s CPI is guaranteed to be more of the same.”
Trump Says Blumenthal Is History’s Worst ‘Phony’ Who ‘Cries And Begs Like A Child’
Oh, and Richard Blumenthal is a “phony, Vietnam con artist” who has “lied and/or defrauded voters” more than anyone “in U.S. history” and is in the habit of “crying like a baby” and “begging for forgiveness like a child.”
‘Quantitative Failure’ Crashes The ‘Party’
“It’s important to remember that this is merely a microcosm of the larger dynamic at play across assets and across regions.”
Monday Morning Satire: Notes For The Presidential Babysitter
“This is fine, but we are trying to wean him off it..”
Key Calls (Monday): Upgrades, Downgrades & Initiations
You need an upgrade.
‘People Can Get Quite Complacent’: They’re Asleep In Asia Too, By The Way
“The market is not always rational.”
‘60% Of The Time, It Works Every Time’: Full Week Ahead Preview
Ok, well good news: we’ll get a break from potentially market-moving scheduled events this week.
Horsepower: Lessons From ‘An Old Guy With A Tractor’
“I can accomplish amazing things with that untiring, never flagging, hundred-fold leverage. I can also kill myself.”
‘Crash Risk’: Something Doesn’t Add Up Here
Riddle me this, Batman…
Why Can White People Smoke Weed But Black People Can’t?
Volumes have (already) been written about Jeff Sessions’ efforts to plunge America right back down
Chart Of The Day: ‘100% Confident’
So you know… “what could go wrong?”
‘Bobby Three Sticks’ Versus The Pathological Liar: ‘Hustle Bobby’
“We are in for an epic clash between two septuagenarians who both came from wealthy New York families and attended Ivy League schools but couldn’t be more different — the flamboyant flimflam man and the buttoned-down, buttoned-up boy scout.”
This Correlation Just Hit A Record High, But Goldman Says Don’t Worry About Financials
“Buybacks for the largest banks will soar by 45% this year.”
The Case For Long Volatility: Eric Peters ‘Imagines A Historic Reversal’
“Lehman was not a Black Swan. I worked there for seven years and we spent most of them imagining the firm abruptly failing.”
Here’s What The VIX Did During The Last 2 Debt Ceiling Debacles
“…financial markets seems to have given the benefit of the doubt until up to two weeks ahead of the deadline.”
Weekend Satire: Mueller Calls Trump
“He said I was the most innocent person he’d ever come across, and maybe in history.â€
Gundlach Has Total Meltdown, Says Rivals Have Bribed Reporters, Calls Himself ‘Seinfeld’
It’s not paranoia if they’re really out to get you, right Jeff?
This Chart Suggests Folks Are Calling Bullsh*t On The Dollar Rally
Some folks ain’t buyin’ it.
Epic VIX Short Hits New Record, But Is There Trouble Ahead?
“Ok, well it’s time for another edition of ‘interpret that record short VIX positioning.'”
Bloomberg: Mr. Trump, Your Immigration Proposal Is A Dead End
And meanwhile, at Mar-a-Lago…
ANTIFA Vs. ‘Free Speech’ers: Who Are The Real ‘Nazis’ Here?
Methinks maybe the cartoon has the roles reversed…
Newsflash! Black People Aren’t Keeping Whites Out Of College, Rich People Are
“What is essential to understand is that it’s not a vast crowd of black or brown people keeping white Americans out of the colleges of their choice, especially not the working-class white Americans among whom Trump finds his base of support.”
This Was The Worst Week Of 2017 For ‘Bad Breadth’
“When investors pile into the same securities that gain faster than everyone else in an environment of low market breadth, they are going to get spooked.”
Trumpism 3.0â„¢, James Woods, And Someone’s Granddad: A Twitter Odyssey
“The losers are welcome.”
Uh-Oh: Mueller Asks White House To Hand Over Documents In Notable Escalation
For the first time, Mueller and his team have formally asked the White House to produce documents.
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