This Is What ‘Max Central Bank Predictability’ Looks Like
Needless to say, breaking with this precedent of predictability – i.e. becoming less transparent – carries enormous risks.Â
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The Incredible Shrinking Playground
“This mechanism of market functioning is a manifestation of systemic causation.”
Everything But The Kitchen Sink: Full Week Ahead Preview
Well, there’s not a lot going on in the week ahead and by that I mean there’s so much going on that you couldn’t plan for it even if you wanted to.
Powell, Taylor, Krusty And Why Trump Should Just Name Trump Fed Chair
“Eliminate the middle man.”
Krugman Rips Trump, John Kelly, John Taylor: ‘See? I Made A Joke!’
“But we are living in the age of Trumpal infallibility: We are ruled by men who never admit error, never apologize and, crucially, never learn from their mistakes. Needless to say, men who think admitting error makes you look weak just keep making bigger mistakes; delusions of infallibility eventually lead to disaster, and one can only hope that the disasters ahead don’t bring catastrophe for all of us.”
Bloomberg Pleads With Trump: ‘Give Yellen Another Term’
“Investors will ask how this disagreement will be resolved — and how abruptly, if at all, might policy change as a result.”
Trump Leaning Towards Powell For Fed Chair: Politico
Just hours after Janet Yellen left the White House, Politico reported that Powell is the leading candidate.
Trump Set To Interview Yellen For Reappointment: Politico
“Just when I thought I was out, they pull me back in!”Â
One Chart Shows All The Ways A Fed Hike Could Create (Fleeting) Bouts Of Volatility
Start from the bottom left…
Race For Fed Chair Takes New Turn As Mnuchin Said To Push ‘Strongly’ For Powell
Stay tuned. The ratings will be “tremendous.”
How (Not) To Trade The Fed Chair Edition Of The Apprentice
“Take it all with a large grain of salt.”
There Are No Atheists In Foxholes
“Here is my new prediction.”
Trump Has Shortlist For Fed, Yellen Not Expected To Get The Nod
“Now what do you got? Anarchy. You got anarchy.”
2 ‘Remarkable’ S&P Stats
Meanwhile, from the file marked “evidence that the equity euphoria is completely out of control”…
What Happens In Vegas.
A somber day. An ebullient market.
Hurricane Damage: Full Week Ahead Preview
Ok, well it’s Sunday which means, barring Trump wandering into a nuclear war in the next several hours, tomorrow will be Monday. This week they’ll be a lot of talk about…
The Trump Eclipse Bottom
“I couldn’t agree more. I think Trump staring at the Solar eclipse was the bottom for his Presidency. After that, it’s all uphill. Seriously, there is so little expected of him, he is bound to outperform.”
Here Is The Full Trump Interview Transcript WSJ Didn’t Want You To Read
“And I liked your editorial today, very nice. (Laughs.)”
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