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Featured

Boom!

October 29, 2026
  • Dissembling Strategery

    October 28, 2026October 28, 2026
  • Alphabet Whiffs, Microsoft Hits

    October 28, 2026
  • Mona Lisa’s Smirk

    October 28, 2026October 28, 2026

Markets

F-ck You, Claude (Zen)

October 27, 2026October 28, 2026
  • Around, Around We Go

    October 27, 2026October 28, 2026
  • Anthropic: The Promise, The Numbers, The Risks

    October 26, 2026October 27, 2026
  • Only You Can Prevent A Bear Market

    October 26, 2026October 27, 2026
  • Credit Canaries

    October 25, 2026October 26, 2026

economy

An ARM And A Leg

October 28, 2026October 28, 2026
  • Frozen Bubble

    October 27, 2026October 28, 2026
  • It’s All Relative

    October 27, 2026October 28, 2026
  • It’s A Big Week

    October 25, 2026October 27, 2026
  • What To Expect From The October FOMC Meeting

    October 24, 2026October 26, 2026

Geopolitics

Lula!

October 26, 2026October 27, 2026

Not Done Just Yet?

October 22, 2026October 23, 2026

Questions, But No Answers

October 19, 2026October 20, 2026

Duly Noted

Not Since 1969…

October 22, 2026October 24, 2026

Mind The Control Group!

October 15, 2026October 16, 2026

Good Cop Xi Conjures Historic Two-Day Stock Surge

March 17, 2022March 17, 2022

If Beijing’s goal was to trigger a massive squeeze on the way to engineering the

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1 Comment on Good Cop Xi Conjures Historic Two-Day Stock Surge

(No) Significant Progress

March 17, 2022March 21, 2022

The Kremlin on Thursday said reports of major progress in peace talks with Ukraine were

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8 Comments on (No) Significant Progress

Don’t Worry, Jerome Powell Has A Plan

March 16, 2022March 17, 2022

The US economy can “flourish” in an environment of tighter Fed policy, Jerome Powell said

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12 Comments on Don’t Worry, Jerome Powell Has A Plan

Fed Delivers Liftoff, Signals Seven 2022 Hikes

March 16, 2022March 25, 2022

The Fed raised rates by 25bps and signaled seven hikes for 2022 following March’s policy

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16 Comments on Fed Delivers Liftoff, Signals Seven 2022 Hikes

You Don’t Want A Crypto Future. You Just Think You Do

March 16, 2022March 17, 2022

In the weeks since the West moved to seize Russia’s foreign currency reserves, (too) many

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11 Comments on You Don’t Want A Crypto Future. You Just Think You Do

US Retail Sales Decelerate As Gas Prices Surge

March 16, 2022March 19, 2022

US retail sales rose 0.3% in February, data out Wednesday showed, an underwhelming performance that

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1 Comment on US Retail Sales Decelerate As Gas Prices Surge

Xi Rescues Chinese Stocks, Triggers Astounding Rally

March 16, 2022March 25, 2022

Beijing finally reached the pain threshold. Following a series of dramatic sessions during which Hong

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7 Comments on Xi Rescues Chinese Stocks, Triggers Astounding Rally

It’s Broken. All Of It.

March 15, 2022March 16, 2022

It’s broken. After a decade (or more, depending on what manifestation of the same general

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9 Comments on It’s Broken. All Of It.

Cash Highest Since Lehman, Growth Lowest Since COVID

March 15, 2022March 16, 2022

It won’t surprise you to learn that the conflict in eastern Europe was viewed as

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6 Comments on Cash Highest Since Lehman, Growth Lowest Since COVID

All Noise And No Signal Makes Jack A Dull Boy

March 15, 2022March 16, 2022

I assume this is obvious by now, but just in case: You can’t divine much,

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3 Comments on All Noise And No Signal Makes Jack A Dull Boy

Unmistakable Stagflation

March 15, 2022March 17, 2022

US producer price inflation cooled a bit in February, good news, even as it’ll doubtlessly

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3 Comments on Unmistakable Stagflation

Markets Skeptical Of Rosy China Data Amid ‘Complex, Grim’ Environment

March 15, 2022March 17, 2022

Almost as a rule, markets are suspicious of China’s official economic data. There’s a fairly

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2 Comments on Markets Skeptical Of Rosy China Data Amid ‘Complex, Grim’ Environment

In China, Hong Kong: Total Meltdown

March 15, 2022March 15, 2022

“We should just close this market,” Bloomberg TV’s David Ingles sighed, just before the start

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7 Comments on In China, Hong Kong: Total Meltdown

Equity Market Liquidity Has (Almost) Never Been Worse

March 14, 2022March 15, 2022

Early last month, three weeks prior to Russia’s invasion of Ukraine, Goldman called liquidity the

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5 Comments on Equity Market Liquidity Has (Almost) Never Been Worse

‘History Is Moving.’ So Are Markets

March 14, 2022March 15, 2022

Another volatile day on Wall Street found dazed investors reeling anew, as US equities oscillated

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5 Comments on ‘History Is Moving.’ So Are Markets

One Bank Sees ‘Likely Collision’ Between Powell, Stocks

March 14, 2022March 15, 2022

The Fed “has a lot of wood to chop if they’re serious about removing the

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3 Comments on One Bank Sees ‘Likely Collision’ Between Powell, Stocks

There Won’t Be A ‘Soft Landing’

March 14, 2022March 30, 2022

By now, it feels like a US recession is inevitable. The headwinds are gale-force, and

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14 Comments on There Won’t Be A ‘Soft Landing’

Black Monday! Hong Kong Shares Collapse In Outright Panic

March 14, 2022March 14, 2022

Hong Kong shares succumbed to outright panic on Monday amid a bevy of concerns ranging

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6 Comments on Black Monday! Hong Kong Shares Collapse In Outright Panic

Proxy Wars

March 13, 2022March 21, 2022

The Kremlin asked Xi Jinping for military assistance to bolster Russia’s efforts in Ukraine, US

Read More

6 Comments on Proxy Wars

Liftoff, Yes. But So Much More

March 13, 2022March 14, 2022

Fed liftoff isn’t the only thing on the docket in the new week, although it’s

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3 Comments on Liftoff, Yes. But So Much More

The Metaphysics Of Stupidity (Asbestos Is Our Future)

March 13, 2022March 14, 2022

At the town’s entrance, drivers are greeted by what looks like a béton-brut installation in place

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2 Comments on The Metaphysics Of Stupidity (Asbestos Is Our Future)

General Powell

March 13, 2022March 16, 2022

Liftoff is finally here, and it’d be difficult to conjure a more challenging set of

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7 Comments on General Powell

Goldman Cuts S&P Target: ‘Lower Earnings, Lower Price’

March 12, 2022March 13, 2022

“Lower earnings, lower price,” Goldman’s David Kostin said, summing up the rationale behind the bank’s

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4 Comments on Goldman Cuts S&P Target: ‘Lower Earnings, Lower Price’

When’s The Big Selloff?

March 12, 2022March 17, 2022

If you think calling the top is hard, try calling the bottom. “I’ve had people

Read More

6 Comments on When’s The Big Selloff?

The Mega Deal: On Bored Ape’s Historic CryptoPunks Acquisition

March 12, 2022March 13, 2022

On Friday evening, Yuga Labs, maker of Bored Ape Yacht Club, announced it acquired the

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11 Comments on The Mega Deal: On Bored Ape’s Historic CryptoPunks Acquisition

Main Street Never Wins

March 11, 2022March 14, 2022

One of the defining features of the post-Lehman era was the glaring juxtaposition between massive

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7 Comments on Main Street Never Wins

‘Drags From The War’: Goldman Slashes US Growth Outlook

March 11, 2022March 14, 2022

The war in Ukraine will weigh on the US economy this year, increasing the odds

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5 Comments on ‘Drags From The War’: Goldman Slashes US Growth Outlook

Posts pagination

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Monthly Letter

  • To Be Happy

Recent Comments

  • Engineer on Dissembling Strategery
  • Engineer on Mona Lisa’s Smirk
  • Engineer on The Tragic Irony Of The Israeli State
  • WMD on F-ck You, Claude (Zen)

Monthly Letters

To Be Happy

September 4, 2026September 4, 2026

Hell Or High Fashion

July 3, 2026July 3, 2026

Escape Artists

May 11, 2026May 11, 2026

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