One Man’s Kurd Is Another Man’s “Terrorist”: Turkey Bombs US-Allied Forces In Syria, Iraq
Ok, so this is something worth noting as it speaks to the absurdly convoluted nature
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It’s “Make-Or-Break Time” And We Could See “A Painful Cleanout”
“During the past five years, May has been the worst month, on average, for EM FX. I remain a structural long-term bull on emerging markets, but the next month could see a painful cleanout of complacent positioning.”
Listen Up! Dollar Pares Losses On Mnuchin FT Ramble
MNUCHIN STILL EXPECTS THE TAX SYSTEM TO BE REFORMED IN ’17: FT
MNUCHIN: MAY BE WAYS TO RAISE $1TN W/OUT BORDER ADJUSTMENT: FT
SocGen’s Kit Juckes Is “Back From The Alps”: Here’s His Quick Pocket Guide To An Uncertain Market
The tough thing about a market dominated by geopolitical concerns is that geopolitics is country- or at least region-specific. There’s nuance, idiosyncrasies, thousands of years of history peculiar to this country or that, religious undercurrents, etc., etc. You have to take all of that into account when trying to make sense of markets in the context of multiple geopolitical powder kegs.
Here’s What To Expect For Turkish Assets Following The Great Sultan Rally
Monday is “write your own Turkish lira jokes” day…
Fortune Cookie Say: “Good Econ Data!” The Sultan Returns. Welcome To Monday.
Boom! It’s Monday. Let’s hit the ground running.
Goldman Has Had Just About Enough Of One Turkish Politician’s Bullshit
As you’re well aware, tomorrow is kind of a big deal in Turkey. Earlier today, we
Fate Of Turkey’s Stock Market Is In The Hands Of An Algo Named “The Dude”
Local traders started referring to the mystery investor, whose identity was never revealed, as “the Dude.â€
Turkey Referendum: Everything You Need To Know About This Weekend’s Biggest Geopolitical Event
“Tomorrow is very important, you must absolutely go to the polls,” Erdogan urged the crowd. “Don’t forget that the vote is our honor.”
Easter Algos Dump Dollar After Dour Data Deluge
Earlier this morning the reflation narrative rolled over and died. That’s not just our dour
As Trump Ponders 50,000 Troops In Syria, Here’s A Little Perspective On ISIS
Let’s just be clear about one thing: the idea that retaking Raqqa from Islamic State
Tape Bomb! Trump Prefers “Low Interest Rates,” Says “Dollar Too Strong”
TRUMP TELLS WSJ UNDECIDED ON RE-NOMINATING YELLEN: CNBC
Syria Airstrikes: A Bullet Point Summary Of The World’s Reaction
Here’s a rundown of pretty much everything you need to know in terms of who said what over the past seven or so hours. Most of this is predictable, but nevertheless you should keep yourself apprised.
Your Last Minute Preview Of Wednesday’s “Other” Big Event
Well, it looks like there may be hope for Europe yet. While some commentators expected
US No Longer A “Full Democracy,” Single-handedly Cuts Percentage Of Democratic World In Half
“This dramatic decline is primarily down to the US having been demoted to a “flawed democracy,†in the classification of the EIU – as a result of low public confidence in the government.”
The “Deep State”: Why Trump’s Conspiracy Theory Is Both Bullsh*t And Dangerous
“Turkish experts will tell you that discussion of the “deep state” flourishes in a climate of conspiracy and political polarization. It encourages the public to doubt the pillars of civil society — from the judiciary to the press — and take shelter in the shadow of a populist leader. That’s where the parallels to American politics in the age of Trump start to become all too real.”
“This Is How You Sustain A Dictatorship”: Trump’s Ministry Of (Twitter) Truth
“They believe that the words that come from their mouths as powerful leaders are the truth and that the media, when it strays from them, is telling lies. That’s autocratic thinking — and it is how you sustain a dictatorship.”
Tragic Irony: How Trump And Le Pen Perpetuate Radical Islam’s Apocalyptic World View
One of the most tragically ironic things about populism anno 2017 is the extent to which it reflects the very same radicalism its adherents claim to be fighting against.
Sorry Donald, You Can’t Build An Autocracy Here
But this can only become America’s reality if the new administration is shrewd. Clever. Cunning. And, above all, patient. Trump is anything but.
On Payrolls Friday, One Trader Asks: “Are You Feeling Lucky?”
Here we are on payrolls Friday after a week in which a lot of sh*t
Daily Kickstart (Dollar Dumps After Fed Farce, Deutsche Bank Plunges)
Perhaps fearing some kind of Erdogan-esque reprisal from the White House, the Fed pussyfooted its
Two Traders Sound Off On The “Apolitical” Fed
They want to normalize, but they need to figure out how to do so in a way that doesn’t lead to “excessive” dollar strength lest they should all end up getting purged for treason Erdogan-style.
Daily Kickstart (Japan Battles Bond Markets, Mexico/Turkey Battle FX Traders, May Meets W/Trump)
As is rapidly becoming custom, we start with FX markets, where the USDJPY rose again,
Daily Kickstart (Dear Mexico, We’re Sorry About All This)
I think I can probably sum up Wednesday with one sentence and one chart…
Daily Kickstart (Go Home Lira, You’re Drunk Edition)
“There is still much uncertainty about how his exact economic agenda will look,” Commerzbank’s Thu Lan
January 20, 2017: The Day Democracy Died
The Donald Trumps, Marine Le Pens, and Frauke Petrys of the world represent a very real threat to Western democratic values. The ideologies they preach are poisoning the gullible who mistakenly believe they’ve found their champions in nationalist candidates pushing a noxious brand of populism.
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