Risky Business.

But the survey wasn’t all rainbows and sunshine.


How Time Itself Became Collateral Damage Of The Short Vol. Trade

The fourth wall and beyond.

Albert Edwards Asks: ‘Could This Be What Blindsides Investors?’

Investors don’t care.

When Tailwinds Become Headwinds

“The major opposing forces in 2018 will be contracting global liquidity vs synchronized global growth. Our view is that the former will be the bigger force, and will drive asset returns in 2018.”

‘It Is As If Time Had Stood Still’: Basking In The Light Of Goldilocks

“Nothing, it seemed, could upset the future.”

What Could Go Wrong? Full Week Ahead Preview

Buckle up, this could be a bumpy ride.

Epsilon Theory’s Latest: ‘The Pecking Order’

“It’s the way their brains are hard-wired, and it works for them, as a species. So I pretend that chickens aren’t evil and I’m not complicit. Because I really like the eggs.”

The Last Time This Happened, The World Ended…

“What do you mean, ‘we,’ Kemo Sabe?”

Why This Wind Down Is Different.

Follow the red line…

Leftovers: Full Week Ahead Preview

Ok, look: if you’re still hungover from a combination of turkey, greasy mashed potatoes, and copious amounts of not-quite-top-shelf red wine, it’s time to snap out of it because last week is melting into this week as tends to happen historically on Sundays.

What Can Stop This Party?

Obviously, nothing could go wrong here.

‘Run Screaming For The Hills’: Presenting The Fallacy Of Disaggregation

“Yet, we would argue that the mere fact that investors fail to spot trouble in a single sector should not be grounds for comfort: the reason why no single sector stands out may be that all the sectors are mispriced.”

Grandma Is In Trouble.

“Today’s post is an important one. I might have put Grandma in the trunk, but the coming struggle between generations is no laughing matter. It very well might end up being the defining theme for financial markets in coming decades.”

Lost: $25 Trillion Worth Of Yield

Please return to market if found.

The Big Top, The Big Long, The Big Short, & The Big Risk (‘Big League’)

The air up here is thin.