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Damned If They Do, Damned If They Don’t: Fed May Be Boxed In On Balance Sheet

January 12, 2019October 24, 2021

A lot to ponder.

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7 Comments on Damned If They Do, Damned If They Don’t: Fed May Be Boxed In On Balance Sheet

Dissecting The ‘Incredible’ Junk Rally And The Case For A 24-Pound Bucket Of Mac-&-Cheese

January 11, 2019

Frantic rallies, tactical bounces and out of stock emergency hedges.

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3 Comments on Dissecting The ‘Incredible’ Junk Rally And The Case For A 24-Pound Bucket Of Mac-&-Cheese

It’s All Fun And Games Until Someone Asks About The Balance Sheet

January 10, 2019January 10, 2019

Powell gave the market an inch, and now it wants a mile. 

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3 Comments on It’s All Fun And Games Until Someone Asks About The Balance Sheet

‘I Never Suggested Firing Powell’: As Mnuchin Pulls Damage Control Duty, Some Thoughts And Charts

December 22, 2018October 23, 2021

“I totally disagree with Fed policy.”

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4 Comments on ‘I Never Suggested Firing Powell’: As Mnuchin Pulls Damage Control Duty, Some Thoughts And Charts

One Trader Is Pretty Sure ‘The Milkshake Trade’ Is Finished

December 12, 2018December 12, 2018

“I am about to embark on a reason to sell US assets, but make no mistake”…

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2 Comments on One Trader Is Pretty Sure ‘The Milkshake Trade’ Is Finished

Nick Ayers Pulls A Forrest Gump On Trump, Mnuchin Now In Running To Replace John Kelly

December 9, 2018October 23, 2021

Run away!

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5 Comments on Nick Ayers Pulls A Forrest Gump On Trump, Mnuchin Now In Running To Replace John Kelly

From Tillerson To Barr To Mueller, A Mind-Bending Recap Of Trump’s Frantic Friday

December 7, 2018December 8, 2018

Friday started out like any other day for the Trump administration…

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10 Comments on From Tillerson To Barr To Mueller, A Mind-Bending Recap Of Trump’s Frantic Friday

Here’s The Narrative – Now How Will November Payrolls Fit In?

December 7, 2018December 7, 2018

Tell me a story. And then fit this data into it.

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The $1 Trillion Leveraged Loan Bubble Looks Like It’s Popping – Here’s Some Deadpan Color

November 24, 2018November 24, 2018

It had to happen eventually.

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2 Comments on The $1 Trillion Leveraged Loan Bubble Looks Like It’s Popping – Here’s Some Deadpan Color

Jeff Gundlach Was Right: Goldman Joins Morgan Stanley, Others In Peak Dollar Call

November 19, 2018

“Speculative positioning is way long the dollar and now they’re wrong.”

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‘Adam Schitt’, ‘Go Home!’ And Other Highlights From Trump’s Sunday Twitter Escapades

November 18, 2018September 30, 2019

Donald Trump is furious on Sunday.

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3 Comments on ‘Adam Schitt’, ‘Go Home!’ And Other Highlights From Trump’s Sunday Twitter Escapades

Oil Spill.

November 13, 2018November 13, 2018

Watch Twitter for the latest analysis from the only “strategist” who matters.

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oil, OPEC2 Comments on Oil Spill.

Trump ‘Played OPEC Like A Fiddle’: One Bank Throws In Towel As Oil Plunges Anew

November 13, 2018October 22, 2021

At least one bank has seen enough.

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oil, OPECLeave a Comment on Trump ‘Played OPEC Like A Fiddle’: One Bank Throws In Towel As Oil Plunges Anew

‘Amazon Economist’ Navarro Unleashes Wild Screed, Calls Wall Street ‘Unregistered Foreign Agents’

November 10, 2018

Just watch this and try to wrap your head around the fact that this man is effectively in charge of U.S. trade policy…

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2 Comments on ‘Amazon Economist’ Navarro Unleashes Wild Screed, Calls Wall Street ‘Unregistered Foreign Agents’

Saudis Tried To Rip Out, Hack Security Cameras To Cover Up Khashoggi Hit, Sabah Says

November 6, 2018

“They were given orders.”

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Goodbye ‘Goldilocks’, Hello Lackluster Returns And Higher Volatility

November 5, 2018

You don’t know what you’ve got ’til it’s gone.

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2 Comments on Goodbye ‘Goldilocks’, Hello Lackluster Returns And Higher Volatility

Italian Economy Flatlines In Third Quarter, Turning Screws On Populists

October 30, 2018October 30, 2018

There’s more bad news for Italy.

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Bolton, Kelly Get Into Screaming Match Over Trump’s Plan To Close U.S. Border

October 18, 2018October 19, 2021

Trump took Bolton’s side.

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1 Comment on Bolton, Kelly Get Into Screaming Match Over Trump’s Plan To Close U.S. Border

Saudi Arabia Will Now Investigate Itself In Khashoggi Murder

October 15, 2018October 19, 2018

Don’t worry, bin Salman is on the case.

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1 Comment on Saudi Arabia Will Now Investigate Itself In Khashoggi Murder

‘I’ve Got Plenty Of Buyers’: Steve Mnuchin Says People Are Lining Up To Invest In Trump’s Banana Republic

October 13, 2018

You are “free to do what you want”, but Steve knows you really – really – want some Treasurys.

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5 Comments on ‘I’ve Got Plenty Of Buyers’: Steve Mnuchin Says People Are Lining Up To Invest In Trump’s Banana Republic

Tencent Plunges, Logs Record Losing Streak But Don’t Tell Wall Street…

October 11, 2018October 11, 2018

If there’s any stock on the planet that could have done without a global selloff catalyzed by a bloodbath on the Nasdaq, it’s Tencent.

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Marko Kolanovic: $1.5 Trillion In Market Value Was Lost This Year Following Powell Speeches

October 3, 2018October 19, 2021

“…the equity market likely implies that the Fed is underestimating various risks.”

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Trump Does A Great Blasey Ford Impression – Maybe Because He’s Seen A Lot Of Sexual Assault Victims Up Close

October 3, 2018

“I had one beer”…

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Trump Administration’s Hassett Says Goldman Is Involved In Democrat Conspiracy (No, Really)

October 2, 2018

“…almost at times looks like the Democratic opposition.”

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Trump Loses It At NAFTA Presser, Says Kavanaugh Likes Beer, Claims Unnamed Democrat Has A Drinking Problem

October 1, 2018

Not helpful.

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2 Comments on Trump Loses It At NAFTA Presser, Says Kavanaugh Likes Beer, Claims Unnamed Democrat Has A Drinking Problem

In India, ‘Another Fed-Induced Tightening Tantrum’

September 24, 2018

And don’t say Urjit Patel didn’t try to warn you.

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One Bank Knows Who Was ‘Responsible’ For The August Emerging Market Bloodletting

September 2, 2018

Hint: not retail investors.

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1 Comment on One Bank Knows Who Was ‘Responsible’ For The August Emerging Market Bloodletting

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