Trouble In Paradise.
There’s trouble in market paradise.
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Goldman Tells You What To Expect From The OPEC Meeting
Uncertain outcomes…
‘Just Tell Him He’s Brilliant’: Gary Cohn Faked Bad Connection So He Could Hang Up On Trump
“We’re not going to have a real conversation here — can’t you just tell the president that he is brilliant and say we’re losing … the connection and then hang up?â€
Bitcoin Surges Above $8,000 As Stupidity Goes Parabolic
To be sure, it’s impossible to know when something like this will finally succumb to reality, but these kinds of things are vulnerable to crises of confidence and in the absence of any kind of fundamental thesis to fall back on, it won’t be immediately clear where the “bottom” is when Wile E. Coyote finally looks down.
Mnuchin On Whether He And Louise Linton Are James Bond Villains: ‘It’s A Compliment’
If you’re like everyone else in America, you’ve got some questions for Treasury Secretary Steve Mnuchin.
Death & Taxes.
“That’s one small step for rich people and corporate ‘citizens’ and one giant leap for Republicans who can’t get shit done”…
You Are A Silly Bunch With Your Fingers On $610 Billion
You people are an irrational bunch and you always have been.
Abdication Is ‘Unthinkable’: Saudis Insist King Salman Won’t Relinquish Throne
“There is no possibility whatsoever that the king will abdicate,’’ one official said, in response to written questions on Sunday, adding that Saudi kings are in the habit of remaining in power even when they’re sick and besides, King Salman “enjoys perfect physical and mental powers.”
‘The Knives Are Out’: Steve Bannon Calls For Mitch McConnell To Resign
Steve is at war – still.
Head Over Heels For Bitcoin
“When given a choice between $1,000 worth of Bitcoin and $1,000 worth of a traditional financial asset, 27 percent of millennials chose Bitcoin over an equivalent amount of stocks, 30 percent chose Bitcoin over government bonds, 22 percent chose Bitcoin over real estate, and 19 percent chose Bitcoin over gold.”Â
When Will Expertise Matter Again? Spoiler Alert: During A Bear Market
“Should the markets begin to reverse, however, investor goals will turn to capital preservation and limiting losses.”
Who’s Afraid Of The ‘Dandong’? ‘The Real Market Is Coming Out’ In China
Some folks are defaulting.
Deadpool.
“Today’s market is in desperate need of a “Value Investor’s DeadPool.†With the constant fleeing of capital from active management into passive (most of which can certainly not be described as moving into “valueâ€), the pain for those investors still believing that buying cheap companies has merit is intense.”
As Screws Tighten, Schumer Warns Trump Of ‘Swift, Unequivocal’ Backlash If Mueller Is Fired
So this is where the wagons get circled. It’s time to go to the mattresses for Trump and his associates. Meanwhile, it’s time for the blogs, Breitbart, and Fox to implement a full-court press to try and deflect from this.
Trump Wakes Up With ‘Wacky Wilson’ On The Brain, Says Media Conspiracy ‘Finally Sinking Through’
Donald Trump decided to sleep in on Sunday morning and take a break from the kind of egregious social media tirades that have plagued his presidency and undercut his agenda since the inauguration.
I’m just kidding.
Some Guy Named Adam Ludwin Wrote A Letter To Jamie Dimon…
“Dear Jamie. Last week you said a few things about Bitcoin” …
Trump Calls Bob Corker A Gutless Begger In Traditional Sunday Twitter Meltdown
“I said ‘NO THANKS’.”
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”…
Sheep Logic.
“There’s no domesticated animal species that has had more of a reputational fall from grace than the sheep. To call someone a sheep today is just about the worst insult there is. To call someone a sheep is to call them stupid and — more pointedly — stupidly obedient and in thrall to some bad shepherd.”
Trump To Declare Iran Deal Not In America’s Interests, Setting Stage For Epic Disaster
Let me just be as clear as possible: this is a potentially disastrous decision. He is going to open the door for Iran to resume its nuclear weapons program and indeed, by effectively spitting in the face of all the parties involved in crafting the deal, he is going to further isolate Washington from the rest of the world.Â
One NFL Player Explains What The Protests Are Really About
“We want to lend our voices to changing this flawed system, which is crippling our nation and especially affects people who are poor or of color.”
John Kerry: If Trump Backs Out Of Iran Deal, It Will Be Washington, Not Tehran That’s Isolated
“we believed it would be easier to deal with other differences with Tehran if we weren’t simultaneously confronting a nuclear regime.”
What, No Nukes?
There’s always tomorrow.
‘Bearishness Comes At You Pretty Fast’
“The difference this time is that those macro pressures are being combined with a broad array of idiosyncratic negatives.”
Sell FANG – Tech Is ‘More Tired Than Lindsay Lohan’s Probation Officer’
“During the last couple of weeks I have noticed that often Nasdaq underperforms the broad market, and it looks more tired than Lindsay Lohan’s probation officer.”
27 Mental Health Experts Wrote A Book About Trump: Here’s An Interview With One Of Them
“There will not be a book published this fall more urgent, important, or controversial than The Dangerous Case of Donald Trump, the work of 27 psychiatrists, psychologists and mental health experts to assess President Trump’s mental health.”
‘They Won’t Be Here Much Longer!’ Trump Says He’ll Destroy North Korea, Threatens To Fire NFL Players
Paging John Kelly, paging John Kelly…
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