“Mind you, while that number wasn’t exactly diminutive, it had taken all of 188 years to accumulate. That is to say, Uncle Sam had borrowed an average of $28,000 per week during the 9,776 weekssince George Washington was sworn in as the nation’s first president.”
Author: therealheisenberg
Fly Me To The Moon.
I was told Icarus would be unleashed.
Wilbur Ross To CNBC: I’m Going To ‘Turn The Moon Into A Gas Station’
The only thing that stands between America harvesting space riches from asteroids is Wilbur Ross turning the moon into a gas station. Why didn’t you say so?!
When Are Bond Yields ‘Kryptonite’ For Stocks? The Debate Rages On…
“Clients and colleagues are asking if there’s a magic interest rate that’s kryptonite to stocks; is it 3.0% or 3.5% on the 10Yr Treasury?”
Trump: Need Armed Teachers With ‘Military Training’ For School Gun Battles With ‘Savage Sickos’
Coming soon to a school near you.
ECB Minutes Show Bank Concerned About ‘Premature’ Emancipation (Of Markets)
Happens to a lot of guys.
China Is Back!
Well, the Chinese are back.
David Stockman Compares ‘This Time’, To Last Time And It Actually Is ‘Different’
“In that cyclical context, the historic record leaves little doubt about the foolishness of pricing the stock market at peak PE multiples during the final innings of the business cycle.”
Goldman Weighs In On The Fed Minutes
Are you still trying to figure out what to make of the January Fed minutes?
Wait, What?
If you don’t have a sense of humor, the market’s reaction to the Fed minutes was probably pretty frustrating for you.Â
Here Are The Fed Minutes: Take Them To Your Palm Reader
ALMOST ALL FED OFFICIALS EXPECTED INFLATION TO RISE TO 2% GOAL
SOME FED OFFICIALS SAW APPRECIABLE RISK INFLATION TO LAG TARGET
Read These Instructions Before Handling Fragile Fed Minutes
Obviously, interpreting the January Fed minutes is going to be a self-referential nightmare bordering on the absurd.
Neel Kaskhari Isn’t ‘Sitting Here Trying To Engineer’ Dow 86,000, Ok?
“…we’re not sitting here trying to engineer a certain level of the stock market.”
‘The Truth Is, We Don’t Know’: What Is The Line In The Sand For Bond Yields?
Well, the debate around what the number is for 10Y yields has devolved into a veritable obsession for markets at this point.Â
Trader: ‘The First Canary May Have Already Expired In This Coal Mine’
On the bright side, remember that people were talking about high yield and canaries in November and we got through that ok.
Welcome Back!
The win streak is over.
Corporations Are Buying The Dip, So What The Hell Is Your Excuse?
Don’t worry, you can always lean on the price-insensitive corporate bid.
What’s Up With The Dollar? One Bank ‘Explains’ The Greenback’s Trials And Tribulations
In any event, take all of that for whatever it’s worth, and if you don’t agree with it, don’t fret because invariably, this debate will rage on for months.
‘Savor The Moment’ Because February’s Selloff Was ‘An Appetizer, Not The Main Course’
There you go. Lots of “bummers” on the horizon. So you know “savor” the moment, because…
Venezuela Launches Cryptocurrency ‘The Petro’ – Here Is The Manual
“Petro (PTR) has its origin in the idea of president Hugo Chavez”…
Get Ready For ‘More Pain’ Trader Says, As Yields Rise, Stocks Fall, U.S. Traders Return
But hell, you never know these days. U.S. investors are a funny bunch and they’re prone to defying common sense when it comes to piling in for absolutely no reason whatsoever.
Mark Carney Thinks Maybe Bitcoin Is A Useless Piece Of ‘Failed’ Digi-Shit
I forgot about the burgeoning “flying urban tax market”…
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