Nauseous Markets.
Well this is shaping up to be a sour day in terms of risk sentiment.
Well this is shaping up to be a sour day in terms of risk sentiment.
Ok, well that didn’t take long.Â
“But two things are absolutely clear about the “why” of this $15 trillion calamity. To wit, it was not caused by some mysterious loss of capitalist enterprise and energy on America’s main street economy since 1975. Nor was it caused—contrary to the Donald’s simple-minded blather—by bad trade deals and stupid people at the USTR and Commerce Department.”
Is that right, Steve?
Well, what can you say about this week?
“Nationalism is war.”
Thursday went swimmingly.
No shortage of event risk.
I was told Icarus would be unleashed.
Well, the Chinese are back.
“We have crossed the fiscal Rubicon.”
“Render unto Caesar the things that are Caesar’s. Wise words 2,000 years ago. Wise words today.”
Well, Bitcoin is all to hell again.
How about a little more fun?
“Stirred, in a half-carafe.”
So yeah, people are talking about reserve diversification.Â
Thank God it’s Friday.
Long euro may be a crowded trade, but by God it’s worked out pretty well over the past couple of days.Â
Whatever the case, you can bet this is a problem that isn’t going away for Twitter and you’d hate to be Jack right now because he’s damned if he does and damned if he doesn’t.
“That refers to Wall Street, Washington, the Dems and the GOP, and all the far and near corners of the planet which are implicated in their collective follies.”
The stamina of the secessionists and the propitiation of the populists…
As this year melts into next, we thought we’d revisit five key problems the country faces for readers who have a keen interest in the extent to which America, while not the barren, bone-strewn wasteland imagined in Donald Trump’s inauguration speech, does have a set of rather serious issues it needs to address in 2018.
You wouldn’t know it from looking at any market-based measures of volatility, but 2017 was a hugely consequential year. I assume that goes without saying.Â
“White American males have always been in charge. They made the rules and they called the shots in the workplace, in the home and at the ballot box. They’ve owned the world for so long and have been getting increasingly uncomfortable as their grip on power had been eroding. Now the unthinkable is happening: They are becoming the minority.”
“We are not living in ordinary times, and it is not enough for us to admire our nation’s core values from afar.”
“And although I poke fun at myself, it’s no laughing matter.”
“The basic idea is to transition the discussion of an issue that threatens one’s tribe from a substantive one to a discussion of relative credibility.”
You must be logged in to post a comment.