What Global Selloff?

“…the nagging fear that the boy who cried wolf was only telling the truth when everyone had learnt to ignore him.”


‘You Know What? It’s Fine.’

There’s always tomorrow…

Tennessee Is 137,000 Retirees Worth Of Sure That South Korea Isn’t Going To Get Nuked

Famous last words? “The long-term history with this situation is that it’s a lot of posturing and not much reality.”

Close Your Eyes And Buy.

Don’t worry about the orange man.


Come one, come all.

‘Robot Monster’: Pricing In ‘Physical Annihilation’

“I cannot — yet I must. How do you calculate that? At what point on the graph do ‘must’ and ‘cannot’ meet?”

One Trader Doesn’t ‘Have A Clue’ But He’s Sure There’s ‘A Serious Amount Of Scary’ Out There

“On the other hand, there’s a serious amount of scary, or at the very least, disappointing, happenings out there.”

As McMaster Warns Of ‘Ugly Scenarios’, South Korean Stocks Fall For Sixth Day In A Row

The read-through there appears to be that Trump is discovering why it’s difficult to draw “red lines.” You draw one, someone crosses it, and then you either have to bomb them or back down.

‘Tell That To Rain Man’

“Either way, you gotta be super smart to run a country and sell vol. buddy, okay? It’s not easy.”

‘North Korea’s H-Bomb Threat Has Limited Impact’ Analyst Imagines

And it got still more ridiculous. 

‘Chickens Wanted For Epic Showdown’: Rates Vol., Gamma Are Too Cheap!

“…game theory suggests that the North Korean leadership has a strong incentive to bring forward the final phase of the Game of Chicken.”

Who’s Afraid Of ‘Rocket Man’?

She packed my bags last night pre-flight;
Zero hour nine AM;
And I’m gonna be high as a kite by then…


Kim Jong-Un looks like he’s losing his ability to move markets.

Japanese Shares Surge Amid Asia Rally As Investors Super-Excited World Didn’t End

It’s all green screens out there early on as the relief rally gathered steam in the overnight. Bottom line: Hurricane Irma wasn’t as catastrophic as feared and North Korea decided maybe it wasn’t a fantastic idea to launch another missile ahead of a new sanctions vote in the Security Council where it still enjoys the…

Asian Shares Rally, Gold Falls As Markets Breathe Heavy Sigh Of Relief

As noted late last week, things would look quite different on Monday, one way or another.