‘Game Of Chicken’: Why Do Markets Think They’re So Damn ‘Impervious’?

“If the market is underpricing the uncertainty with respect to the outlook of US monetary policy, we are even more concerned that it seems totally impervious to the risk of two potentially disruptive, if not dangerous, Games of Chicken likely to unfold in the summer and the beginning of the fall.”

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Hypocrisy, Exoneration, And An ‘Unnamed’ Source With My Same Name

If “hypocrisy” works to exonerate people when they’ve done something wrong, then there are a whole lot of small-time drug dealers in jail across this country who would like to understand how it is that a justice system that’s ostensibly concerned with activities that ruin people’s lives somehow managed to collectively avoid putting the entire C-suite at every major bank in prison for a thousand years after the financial crisis. 

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Trump: We Need See-Through Border Wall So ‘Cray’ Mexicans Don’t Hit Agents With ’60-Pound Sacks Of Drugs’

“As horrible as it sounds, when they throw the large sacks of drugs over, and if you have people on the other side of the wall, you don’t see them — they hit you on the head with 60 pounds of stuff? It’s over. As cray as that sounds”…

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Are We Now Ok With Encouraging Foreign Dictators To Hack Domestic Opponent’s Emails?

“The problem with dwelling too much on the covert forms of collaboration, which we have come to call “collusion,” is that doing so risks letting Trump at least a little bit off the hook for what is not meaningfully disputed: that the president publicly, knowingly, and repeatedly (if only tacitly) collaborated with a foreign power’s intelligence effort to interfere in the presidential election of the country he now leads.”

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‘The Risk Of Impeachment Is Now Higher’: One Bank Weighs In On Trump Jr. E-Mails

“Do these most recent developments, which suggest that key Trump advisers, including his son Donald Trump Jr. and son-in-law Jared Kushner met with a Russian lawyer (who had previously lobbied in Washington against the 2012 Magnitsky sanctions act), change the potential for impeachment?”

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