‘Death Zones’ And The Trillion-Dollar Liquidity Narrative
In his latest note, currently making the proverbial rounds, Morgan Stanley’s Mike Wilson channeled Jon
In his latest note, currently making the proverbial rounds, Morgan Stanley’s Mike Wilson channeled Jon
Editor’s note: I thought long and hard about what to feature prominently on Election Day
Head in the sand?
Welcome to autocracy, America.
“That’s what a democratically elected government should do”.
“He raised more in his first 48 hours than in the following thousand days”.
“Investors’ views on balance sheet policy are all over the place.”
And so, Beto is ascendant.
Remember how the world was “starting to respect America again”?
You can’t be at war with everyone, all the time.
“The ongoing parody of self-destruction comes with an embedded option on resurrection (political and/or commercial) or an implicit promise of a lucrative “afterlife†with “70 virgins†in the form of book deals, high-commission speech opportunities, TV appearances, Fox News correspondent, or consultant positions.”
“I simply want to point out that neither one of these graphs are anywhere near as bearish as the Chicken Littles claim.”
This is not going to be for the faint of heart.
Is inception possible?
“…we were at least hoping there was some allegation in there that was WHOA IF TRUE! Otherwise, what have the House GOP and President Idiot Stupid been creaming their pants about all week?”
“They are scribbling in the margins. What could go wrong?”
“Few people knew the young, low level volunteer named George, who has already proven to be a liar.”
“How bad do you think it’s gonna be?”
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.
“The lady doth protest too much, methinks”
“No matter what color, shape or origin, modern-day right wing populism just cannot shake off its fascination with Mein Kampf.”
Let’s just step back from the moral depravity for a second and think about this from a purely strategic perspective.
Yes, there’s a kinda, sorta deadline for this decision thanks to 10 states that have threatened to sue the government if it doesn’t stop protecting people brought into the country illegally as children. But obviously Trump isn’t obliged to heed that threat. He could take that risk in the interest of not igniting another racially-charged, political firestorm just weeks after he threw gasoline on the firestorm his bungled response to Charlottesville created by pardoning Joe Arpaio.Â
“The losers are welcome.”
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