Einsteinian Insanity, The Chicken Dance, And An Autumn Market Top
But we would caution that you have now run out ahead of your fairy godmother…
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As North Korea Fires Missile, The Only Question Worth Asking Is…
“…it appears that someone’s used to opportunity to JBTD.”
‘Euphoria’: What Could Possibly Go Wrong?
“This should be fine.”
‘Things Have Changed Dramatically’: Please Explain Why Markets Don’t Care About Nuclear War
“The market may think that it has history on its side (Chart 3), but the fact that North Korea has demonstrated that it now has the ability to strike the US and that Kim Jong-un appears to be a less rational player than his father and grandfather would suggest that the game may have changed dramatically.”
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 a mushroom cloud over Seoul isn’t an entirely far-fetched proposition. “The won is under pressure as it appears North Korea is getting closer and closer to its nuclear program and that is causing tension and apprehension in the Korean peninsula,”…
Trader: ‘Risk Assets Are Ripe For A Correction’ And This Gives Them An Excuse
“Many risk assets are ripe for a correction from elevated levels and North Korea’s latest provocation provides sufficient excuse for traders to act.”
Crude Crashes Abruptly, North Korea Vows More ‘Good-Looking Boys’ For ‘American Bastards’
We just hit technical levels that were a bridge too far at this stage. That’s from Ole Hansen, head of commodity strategy at Saxo Bank and he imagines that largely explains this: One-minute volume on Brent jumped to ~2.8k lots at 9:52am in London and WTI dropped by a similar amount on one minute volume of 4.6k lots. We’re blaming that…
North Korea Says ICBM Can Carry Nuke, Will Be Able To Hit US This Year
Kim Jong Un said U.S. must be upset with “gift package” that he sent for its Independence Day and says he will send more in future.
You’ve ‘Got A Case To Be Worried’: Analysts Weigh In On North Korea ‘ICBM’ Launch
“There’s nervousness in the market but whether or not we’ll see panic will depend on whether there’s further escalation. Investors have a case to be worried but whether the worry will turn into something more serious we need to see what develops on the political front.”
Fireworks: North Korea Launches “Anywhere” ICBM, Trump Ponders “Heavy Move,” Central Banks Ahoy!
There’s never a dull moment in a world that’s lost its mind. North Korea celebrated July 4 by launching what Pyongyang says was an intercontinental ballistic missile. The projectile, fired from the country’s western coast at 9:39am local time, flew for about 40 minutes and crashed landed into Japan’s EEZ. According to an “important announcement” (that’s…
China Rolling Over + Ballistic Missile Test By Hermit Regime = “Monday Risk-Friendly Tone”
“The weekend news – softer industrial production, Capex and retail sales in China, higher oil prices as Saudi Arabia and Russia agree that output cuts should be extended through Q1 2018, a North Korean ballistic missile test – sees us start in mild risk-friendly tone.”
Traders Be Like “WTF?!” As Trump Is Desperate Despot, Nuclear War Beckons
So the elephant in the room is clearly Donald Trump’s decision to fire FBI Director James Comey who is (wait, “was”) conducting an investigation into the administration’s ties to Moscow. There’s also the imminent threat of another nuclear test from North Korea but, in a testament to how surreal the geopolitical picture has become, “nuclear war”…
It’s Too Quiet: Except For China. And South Korea. And Collapsing Metals.
It’s Tuesday, and they’re voting in South Korea. There’s an annoying power vacuum over there at a precarious time. Here’s a deliberately deadpan rundown: Turns out the former president – Park Geun-hye – was bribing people and abusing her power and shit like that. She’s in jail and apparently is refusing to vote. So that’s fun. Turnout is…
1 “Smart Cookie” & 5 Absurd Monday Trump Headlines
You know, sometimes you just have to laugh and Monday is undoubtedly one of those times.
As North Korea Fires Missile, Here’s What Kim Jong-Un Doesn’t Seem To Get
I’ll confess that at this point, I’m not entirely sure what Pyongyang is thinking. There’s always been this kind of tacit understanding that the regime in North Korea is “entitled” (if you want to call it that) to a little bombast here and there. They’re even allowed to get away with a missile launch (or 75…
