America is finally waking up to the opioid epidemic.Â
Great.
Now if only everyone (including the government) weren’t two decades late.Â
Author: therealheisenberg
Thursday Satire: Betsy DeVos Sent On Urgent Mission To North Korea
“Our nation’s best bet to stop North Korea.”
‘Rock-n-Roll’ Gundlach Says Bloomberg Is Lying About Him Again – Go Bills
What to say about “bond king” Jeff Gundlach? As regular readers know, Jeff is man
‘There’s Some Real Concern About Oil’: U.S. Oil Fund Put Volume Surges
Crude can’t catch a break…
The Ethics Of Twitter Trump
“He did not run a public company; he did not answer to shareholders and a board of directors vetted and chosen for experience and independence. Now, it seems clear, he sees the United States government as a Trump enterprise he will operate in just this way.”
Trader: ‘Stocks Might Even Go Down. Stranger Things Have Happened’
“So the question you need to be asking isn’t whether something is mispriced, but what are the catalysts that will convince the market that it’s time to recognize it as so.”
Albert Edwards, FT’s Katie Martin Take On The Mighty ‘Rikshog’
“But a combination of aggressive QE and -0.5% interest rates has not just resulted in a very robust economy, but a totally overheated and out of control housing bubble – one which makes Australian and Canada house price bubbles look merely pedestrian!”
Nickels In The Urinals: Don’t Jinx The Wheat Trade
“The Market Gods are a fickle bunch. Even if you avoid nickels in the urinals, they still seem to find ways to get you.”
An Emerging Problem?
“There are just too many goddamn headwinds”…
‘In Fairness To Children’: Let’s Stop Pretending There’s Anything ‘Genius’ About Trump’s Antics
“Spectacle drives out problem-solving. Our national attention span, never one of our strongest suits, follows Trump down to a level that, in fairness to children, cannot even be called childlike.”
Goldman Asks The Big Question: What Does The Opioid Epidemic Mean For The Economy?
“By now most people have seen at least one astonishing headline about the opioid epidemic: Opioid abuse kills about 100 Americans per day. There are as many opioid prescriptions written annually in the US as there are adults. With just 5% of the world’s population, the US consumes 80% of its opioids.”
‘Sudden Selloff’: It’s Time For Emerging Market Investors To Be ‘Deeply Fearful’
“But that changes when the Fed’s major peers are all raising rates at the same time or when there’s speculation they will do so. The chances a sudden selloff become much greater.”
‘Chain Reaction’ Strikes: Stocks Dive As Sudden Bund Selloff Triggers Bond Bloodbath
“The magnitude of the sell-off is excessive”…
Geopolitics! Won At 4-Month Low, Lira Sinks, Trump Says ‘Very Severe’ Shit Is Goin’ Down
Well, the won is at four-month low against the dollar on Thursday because, well, because
Key Calls (Thursday): Upgrades, Downgrades & Initiations
You need an upgrade.
Confused Trump Supporters Mistake Declaration of Independence For Liberal ‘Propaganda’
“I have no idea what you’re talking about”…
The Case For Sending Everyone To Prison
“To this demand of jury duty, I would like to add another, and in the same spirit. I propose that all citizens of the United States of America should serve a brief sentence of incarceration in our maximum-security penitentiaries”…
Thanks Mr. President! ‘Morning Joe’ Sets Ratings Record After Trump Tweets
“The Nielsen company said Wednesday that 1.66 million people watched the MSNBC morning show the day after the tweets. That narrowly beat the show’s previous record, which came the day after Trump was elected last year.”
One Trader Bans ‘Certain Words’ Until You Can ‘Pass His Plain-Speaking Test’
“The last thing I want to be doing the day after July 4th is making any kind of assault on free speech. But I’m going to propose a ban on certain words that no longer pass the plain-speaking test.”
David Wants Someone To Explain Why The Fuck Trump Needs Sensitive Voter Data
“Which begs the question– why is the federal government marshaling considerable taxpayer resources to collect data it shouldn’t have, to reach a conclusion it cannot possibly reach, to prove something we already know isn’t true?”
Fed Minutes: Key Points And Highlights
Read them, parse them, take them to your local palm reader…
Making The Rich Richer Is A Bad Idea – But Not For The Reasons You Think
“The reason has nothing to do with envy”…
Oil Plunges As Russia ‘Throws Cold Water’ On Bull Thesis
First thing this morning, we noted that crude fell off a cliff just after 4:30
Goldman: Here’s What Works Best In Low. Vol Regimes
“The S&P 500 and US HY credit have had roughly 9 and 19 times the risk-adjusted returns of US 10-year Treasuries, respectively, during these periods, while commodities have lagged materially.”
Chart Check: Bearish Bets On Tech Spike Near Decade High
It’s getting dicey out there…
6 Satirical ‘Surprise’ Outcomes For The Trump-Russia Probe
But, three weeks into Stone’s tenure, reports emerge that President Trump has soured on the investigation, apparently fixated on the fact that several of the sea turtles “look like Dems.â€
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