In Joint Statement, Merkel, May, Macron Rebuke Trump On Iran Decision

“We stand committed to the JCPoA and its full implementation by all sides. Preserving the JCPoA is in our shared national security interest.”

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The Austin Powers World.

“There’s real danger but at the same time, the central figures are so laughable that it’s difficult to accept it as reality”…

Angela Merkel Victorious, But Coalition Prospects, AfD Performance Raise Concerns

Leader of the free world.

‘This Looks Less Market-Friendly Than Expected’: Will German Results Weigh On Euro?

To be sure, this looks like it will hit the euro in early trading. The single currency will likely knee-jerk lower against both the yen and the franc and you can expect to see a flight-to-safety bid in fixed income.

Angela Merkel, Leader Of The Free World, Just Gave Up On America

And just like that, Donald Trump has managed to alienate the last line of defense for Western democracy.

“Thy Orb And Thy Staff They Comfort Me”: “Risk Feels A Bit Better Today!”

Yea, though we walk through the valley of the shadow of death, we will fear no geopolitical tail risk: for Donald Trump art with us; thy orb and thy staff they comfort me…

The Going Rate For Being “A Bloody” Bitch Is Now €100 Billion

Yeah, so it turns out that exiting the European Union is probably going to be “bloody” hard for Britain. Who knew? And it’s made even harder by the fact that Theresa May is promising to be a “bloody difficult woman” throughout the protracted negotiations. So you know, this is a lot like what’s going on…

Cartoon Break (Trump Finally Shakes Merkel’s ‘Hand’)

You know how the President does it…

Mind The Cross-Atlantic “Gaps”: Your Week Ahead Preview

Earlier, we talked a bit about Donald Trump’s waning political capital and the extent to which rising policy uncertainty in the US and declining political risk in Europe may ultimately lead to a narrowing of rate differentials, painting a bearish picture for the dollar. Meanwhile, the yen is likely to remain bid as its fortunes are…

Cartoon Break (“Feeding Time”)

“He needs his bottle”…

Friday Humor: “Something In Common”?

“As far as wiretapping I guess by this past administration, at least we have something in common”…

Cartoon Break (“Terrific Wall”)

In honor of a truly historic meeting.

For The First Time Since Jan. 20, The Leader Of The Free World Is In Washington

If you frequent these pages, you’re well acquainted with how I like to characterize Angela Merkel. She is, put very simply, Western democracy’s last line of defense against a semi-global populist uprising that threatens to undercut the very foundation on which the West’s politics and economics rest. I know, I know… “We need a reset, Heisenberg!”…

Finally Friday: Oil Looks For Weekly Gain; EM, Euro Surge; Merkel Meets America’s Useful Idiot

Well, it’s quiet out there as an exceptionally eventful week (finally) winds down. As we head into the weekend, oil is trying to eek out a gain on the week, after a surprise inventory draw (reported first by API on Tuesday and then confirmed a day later by the weekly EIA print) shored up a…

A Cliffs Notes Guide To Europe’s Electoral Trial By Fire

While it’s certainly tempting to focus squarely on the political upheaval that’s sweeping the United States in the wake of President Trump’s institution of a de facto Muslim ban and the appointment of known bigot Steve Bannon to the National Security Council, investors shouldn’t forget that Europe faces its own political trial by fire this…