“They can afford to be boring.”
But watch that 2020 forecast.
Author: therealheisenberg
Bank Of England Adopts Cautious Tone In Unanimous Rate Decision Amid Rising Inflation
“Bank of England says that some modest tightening may be needed in next few years.”
Lira Tumbles After Central Bank Disappoints
Turkey has gone and done it now.Â
Yellen: Bitcoin Is A Highly Speculative Asset And Is Not A Stable Store Of Value
I suppose it’s only fitting that Janet Yellen would weigh in on Bitcoin at her final press conference as Fed Chair.Â
Epsilon Theory Presents: The Two Churchills
“The basic idea is to transition the discussion of an issue that threatens one’s tribe from a substantive one to a discussion of relative credibility.”
Sweet Dreams.
“There is less to lose sleep about now than in quite some time.”
Fed Hikes Rates: Redline, Dots, Projections, Analysis
FED RAISES TARGET FUNDS RATE RANGE QTR POINT TO 1.25% TO 1.5%
Bitcoin Futures Vs. VIX Futures: Who Said ‘Slow’ Start?
Who you callin’ slow?
Wall Street Journal Takes Aim: ‘Steve Bannon Is For Losers’
“Mr. Bannon backed Mr. Moore in the primary, though the judge had been removed twice from the state Supreme Court for refusing to follow a legitimate court order. Mr. Moore was a political self-implosion guaranteed to happen.”
Dollar Takes Another Hit As Core CPI Miss Adds To Jones Jitters
U.S. NOV. CORE CONSUMER PRICES RISE 1.7% Y/Y; EST. 1.8%
USA Today: ‘Trump Isn’t Fit To Clean Obama’s Toilets’
“He pours the gasoline of sexist language and lights the match gleefully knowing how it will burst into flame in a country reeling from the #MeToo moment.”  Â
‘Suck It, Steve’: Republicans Lash Out At Bannon After Devastating Alabama Loss
“”Stephen K. Bannon and his alt-right movement have helped accomplish something no one in a quarter-century has been able to do: get a Democrat elected in the state of Alabama.”
Doug Jones Defeats Roy Moore In Alabama After Stunning Last Minute Comeback
This is a truly devastating setback not only for Donald Trump, but for Steve Bannon, who effectively bet the house on Moore.Â
Epsilon Theory’s Latest: Wall Street’s Merry Pranks
“But for a universe of individual investors (and rather distressingly, probably some institutional investors, too), the message of empowerment is anything but. It’s a nudge into terrible portfolios, terrible costs and terrible outcomes. But hey, at least they got religion and implemented those terrible, far-too-actively-traded portfolios with ETFs!”
Another Day In Hell.
This was another day dominated by crypto news, tax banter, and Donald Trump – in other words…
Which Bird Will Janet Yellen Flip To Markets On Her Way Out The Door?
“Was she lucky? Or was this the result of smart policy decisions?”
Guess What? Retail Investors Have Been Accidentally Fading The Tech Rally Since 2014
You’re not buying enough of those “damn robots.”
What Exactly Did Donald Trump Just Suggest About Kirsten Gillibrand?
He may have just thrown gasoline on a raging fire.Â
Goldman: Sorry, Bitcoin Is Not ‘Taking Demand From Gold’
Draw your own conclusions.
A ‘Crack’ In The Narrative: You Should Be Paying Attention To Oil
Heads up on crude.Â
To The Moon.
One small step…
A Christmas Miracle: Treasury Creates $1.8 Trillion In 470 Words
Don’t forget to laugh.
‘They Are Expecting It To Collapse’: Some Bitcoin Anecdotes As We Celebrate The ‘Future'(s)
“They just want to get it hyped as much as they can before they begin the distribution.”
Risky Business.
But the survey wasn’t all rainbows and sunshine.
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