China’s Tech Titans Crumble At Xi’s Feet
Since peaking in October, Alibaba has now shed more than a quarter trillion in market
Let Reason And Science Guide Us. And Stimulus. Lots Of Stimulus.
Equities looked to rise coming off the Christmas break, buoyed by Donald Trump’s decision to
Trump Was Just Kidding, Signs Virus Relief Bill After Publicity Stunt Goes Wrong
After an agonizing, made-for-TV delay, Donald Trump decided to sign the bipartisan COVID-19 relief bill
Americans Splurge On Couches, Hammers During 75 Days Of ‘Christmas Shopping’
The holiday shopping season encompasses 75 days now, apparently. That’s according to Mastercard, which decided
Ant, Meet Sledgehammer
Jack Ma should have kept his mouth shut. The often flamboyant billionaire was reportedly warned
GOP’s Toomey: Trump Risks ‘Being Remembered For Chaos And Misery’
I never imagined I’d spend more than a few minutes of my life writing about
Georgia (Still) On My Mind
In the immediate aftermath of the US election, markets cheered what was variously billed as
America Faces ‘Great Cultural Depression’ As Arts Industry Evaporates
Over the course of the pandemic, I’ve spent quite a bit of time lamenting the
‘Return-Free Risk’
In a world where some $18 trillion in debt “boasts” a negative yield, bonds no
Larry Summers Thinks He Might Lose Too Much Weight After All
In 2009, when the Obama White House was busy charting a course for an economy
Amid ‘Complete Clusterf—,’ Trump Sends Stark Christmas Warning To Republicans
“Complete clusterf—.” That’s how one “top Republican Hill aide,” described the chaotic situation in Washington
How The Fed Changed And Why One Pro Will Buy The Next Correction
Yet, when I look at the traditional executioner of bull markets (the Fed), I see
Brexit-ing: Movements, Verbs, And Canine Travel Arrangements
On Thursday, the EU and the UK confirmed that a post-Brexit trade deal has, in
Icarus And His Ant
Shares of Alibaba dove in Hong Kong Thursday, extending a slide that now sums to
Trump Engineers Showdown With Republicans, Threatening Post-Christmas Chaos
Washington headed towards another week (at least) of political wrangling after Donald Trump vetoed the
Veto Corleone
In an irony of ironies, Senator Pat Toomey called Congress “completely dysfunctional” while speaking to
Once Burned, Twice Steep
One almost hesitates when it comes to dedicating space to incremental Brexit news. And certainly
Screeching Tea Kettle Downgraded To Rolling Boil As New Home Sales Miss Badly
A day after the latest read on existing-home sales suggested record-high prices may constrain (or
Americans’ Income, Spending Fall Much Harder Than Expected As Slowdown Accelerates
Concerns that falling incomes were destined to manifest in slower spending were realized in November,
Jobless Claims Fall, But Stick Well Above Pre-Pandemic Record As Deadlines Near
803,000 Americans filed for unemployment benefits last week, down sharply from a revised 892,000. The
Blank Checks
Donald Trump has succeeded in making himself the topic of conversation for market participants and
Trump Goes Rogue, ‘Thank You Very Much’
Donald Trump went rogue on Tuesday night. In a video message posted to Twitter, the
Darker-er-est Days
Joe Biden wants more stimulus and Walmart found itself in the crosshairs of the Justice
On Christmas, America Ponders Historic Failure Of Government
Markets weren’t exactly “euphoric” after Congress managed to pass what the media characterized as “the
Meanwhile, In Housing Bubble News…
Is America’s newly minted housing bubble bursting?! I’m just kidding. The answer is “no.” Or,
US Consumer Confidence Tumbles In December As ‘No Significant Momentum’ Seen
Not surprisingly, consumer confidence in the US fell again in December, The Conference Board said
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