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Author: therealheisenberg

Dear America: Here’s What Egregious Wealth And Income Inequality Looks Like

January 4, 2018

Any questions?

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6 Comments on Dear America: Here’s What Egregious Wealth And Income Inequality Looks Like

David Tepper: Stocks Are Just As ‘Cheap’ Now As They Were Last Year

January 4, 2018January 4, 2018

“The market can’t go down until the bond market gets hit.”

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7 Comments on David Tepper: Stocks Are Just As ‘Cheap’ Now As They Were Last Year

SEC Issues New Cryptocurrency Warning: ‘If You Lose Money, We Can’t Get It Back’

January 4, 2018January 4, 2018

“…but we again caution you that, if you lose money, there is a substantial risk that our efforts will not result in a recovery of your investment.”

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Look Out Jeff Bezos: Ripple Co-Founder Now Richer Than Google Co-Founders

January 4, 2018January 4, 2018

This is so laughable that the English language is not a sufficient tool…

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‘What Goes Up’: Everything.

January 4, 2018

And you know what they say about “what goes up”…

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A Dumb As Shit, Hopelessly Idiotic, Crazy Moron: What Michael Wolff Says Trump’s Associates Think Of Him

January 4, 2018January 4, 2018

It’s probably safe to say that whatever was left of Donald Trump’s sanity has flown the coop over the past 24 hours.

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8 Comments on A Dumb As Shit, Hopelessly Idiotic, Crazy Moron: What Michael Wolff Says Trump’s Associates Think Of Him

Some Folks In Japan Were Ready To Buy Some Goddamn Stocks After The Holiday

January 4, 2018

Throw in a little of Kuroda’s patented Tinker Bell dust and the fact that margined Japanese FX traders are sitting on a ¥3.2trn unrealized gain in Bitcoin, and you’ve got a recipe for … well, for more mania. 

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Jeremy Grantham: Bitcoin Dwarfs The South Sea Bubble, My Nephew Is Obsessed With It

January 4, 2018January 4, 2018

“This is a true, crazy mini-bubble of its own I expect – it has certainly passed my ‘nephew test’ of his obsessing about buying or not.”

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1 Comment on Jeremy Grantham: Bitcoin Dwarfs The South Sea Bubble, My Nephew Is Obsessed With It

‘Sky Is The Limit’: Fallout Feared From Conviction Of Turkish Banker In Iran Sanctions Trial

January 4, 2018

“The charges are so grave (essentially implicating the current president of Turkey) that one may say ‘sky is the limit’ as far as the magnitude and scope of potential sanctions go.”

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Jeremy Grantham Calls For Blow-Off Top: ‘Brace Yourself For A Melt-Up’

January 3, 2018January 3, 2018

“A range of 9 to 18 months from today and a price rise to around 3,400 to 3,700 on the S&P 500 would show the same 60% gain over 21 months as the least of the other classic bubble events.”

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7 Comments on Jeremy Grantham Calls For Blow-Off Top: ‘Brace Yourself For A Melt-Up’

Merrill Lynch Bans Trading In Bitcoin Fund

January 3, 2018January 3, 2018

It applies “to all accounts and precludes the firm’s roughly 17,000 advisers from pitching bitcoin-related investments [and from] executing client requests to trade GBTC.”

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1 Comment on Merrill Lynch Bans Trading In Bitcoin Fund

Ignore That Raging Dumpster Fire.

January 3, 2018January 3, 2018

Just try not to focus on that, ok?

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oil4 Comments on Ignore That Raging Dumpster Fire.

Trump Rips Steve Bannon: ‘He Lost His Mind’ When I Fired Him

January 3, 2018January 3, 2018

Well damn. Earlier today, The Guardian ran a story containing a preview of what’s being

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6 Comments on Trump Rips Steve Bannon: ‘He Lost His Mind’ When I Fired Him

The Bernie Madoff Market

January 3, 2018January 3, 2018

I don’t know about you, but “I think something is wrong here”…

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1 Comment on The Bernie Madoff Market

Turns Out Roy Moore’s ‘Jew Lawyer’ Voted For Doug Jones

January 3, 2018

“There could not be a more passionate supporter of Doug than me!”

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‘Rationality Has Disappeared’: ECB’s Hansson Calls Cryptocurrencies A ‘Cult’

January 3, 2018January 3, 2018

“Sooner or later”…

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3 Comments on ‘Rationality Has Disappeared’: ECB’s Hansson Calls Cryptocurrencies A ‘Cult’

‘Jack Is #Complicit’ Projected On Side Of Twitter HQ After Trump ‘Nuclear Button’ Fiasco

January 3, 2018January 3, 2018

Whatever the case, you can bet this is a problem that isn’t going away for Twitter and you’d hate to be Jack right now because he’s damned if he does and damned if he doesn’t.

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2 Comments on ‘Jack Is #Complicit’ Projected On Side Of Twitter HQ After Trump ‘Nuclear Button’ Fiasco

One Bank Reveals 7 Key Calls For The New Year

January 3, 2018January 3, 2018

But for those interested in trying to “DO SOMETHING” (as opposed to just kicking back and being “actively” passive)…

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China: Bitcoin Is A ‘Tricked Up’, ‘Bubble Of The Imagination’ And A ‘Tulip Replica’

January 3, 2018January 3, 2018

Is it a replica of a tulip bubble?

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Goldman’s Equity Algo Army Goes Offline After ‘Mistake’ Triggers Trading Limits

January 3, 2018January 3, 2018

Notably, Goldman says this has nothing to do with today being the first trading day of MiFID II.

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Trump Threatens To Nuke North Korea Using His Bigger, More Powerful, Working ‘Button’

January 2, 2018January 2, 2018

Well fast forward to Tuesday evening and Donald Trump has just unleashed what is easily his most egregious tweet ever.

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19 Comments on Trump Threatens To Nuke North Korea Using His Bigger, More Powerful, Working ‘Button’

David Stockman Unveils The ‘Watchword For 2018’: ‘UNHINGED!’

January 2, 2018

“That refers to Wall Street, Washington, the Dems and the GOP, and all the far and near corners of the planet which are implicated in their collective follies.”

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1 Comment on David Stockman Unveils The ‘Watchword For 2018’: ‘UNHINGED!’

Heigh-Ho.

January 2, 2018January 2, 2018

It was back to work on Tuesday as investors, analysts, and pundits alike drug their tired asses back to the desk after the holiday break.

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5 Comments on Heigh-Ho.

South Carolina Republicans’ Plan To Honor ‘Black Confederate Soldiers’ Thwarted By Lack Thereof

January 2, 2018January 2, 2018

“WHOOPS! That sure is an awkward situation they’ve got there. But they still think they can make it work.”

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Bitcoin Spikes As WSJ Reveals ‘Monster’ Peter Thiel Position

January 2, 2018January 2, 2018

Well, if Bitcoin fans were looking for a catalyst to jumpstart things in 2018, they’ve got one now.

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4 Comments on Bitcoin Spikes As WSJ Reveals ‘Monster’ Peter Thiel Position

Ripple Co-founder Chris Larsen Now Richer Than Ray Dalio And Carl Icahn

January 2, 2018

“…there is no guarantee that any of these folks will still be billionaires when Forbes publishes its next list in March.”

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6 Comments on Ripple Co-founder Chris Larsen Now Richer Than Ray Dalio And Carl Icahn

Do You Like Your Spreads ‘Obscene’ Or Don’t You?

January 2, 2018

Still a trade worth putting on.

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