A ‘Dark And Bumpy’ Road
The situation in the UK remained fraught Tuesday, as Boris Johnson struggled to strike a
Mutants And iCars
US equities managed to pare losses Monday, rebounding from fairly steep declines catalyzed by renewed
Pat Toomey And The Scourge Of The Sock Puppets
Pat Toomey apparently felt the need to explain himself on Monday. With a $900 billion
Another Pandemic Winner: Apartment List Sees Valuation Double With Americans ‘In Motion’
“Our business is predicated on motion,” Apartment List CEO John Kobs told Bloomberg, in a
‘Pain Point’: Nomura’s McElligott On Dollar Squeeze, Gamma Drop-Off
The dollar jumped the most since March on Monday before eventually trimming gains. The initial
‘Nightmare Before Christmas’ Grips UK As New Virus Strain Triggers Crisis
Markets were staggered Monday as dour news out of the UK undercut risk sentiment and
Congress Officially Stumbles Into Stimulus Deal Despite Best Efforts To Fail
It took all weekend, but US lawmakers did manage to agree on a new stimulus
Downside Risks And Predictions About The Future
By now, I doubt anyone needs to be reminded about “what could go wrong,” so
‘Going Bananas’
There’s a “speculative frenzy sweeping Wall Street and world markets,” an overwrought Bloomberg headline trumpets.
160,000 Dead Americans Later, Congress Clears Final Hurdle To New Stimulus Deal
Pat Toomey, who decided to undermine stimulus talks in Washington at the last minute by
New Virus Strain Bursts Boris Johnson’s ‘Christmas Bubbles’
“There is no current evidence to suggest the new strain causes a higher mortality rate
Relatively Speaking
It’s getting pretty stretched out there in equity land, notwithstanding stocks’ “relative” value versus bonds
America The Infected
The US now has two COVID-19 vaccines approved for emergency use by the FDA. As
The Worst Optics Imaginable
US equities ended lower on Friday as the curtain closed on what should have been
Tax Cuts For Rich People Produce ‘No Significant Economic Effects,’ Says 50 Years Of Data
You don’t have to be a scholar to understand why it’s absurd to suggest that
Low-Income Families Burned Through Two-Thirds Of Stimulus Cash Buffer By October
As you may have noticed, recent data suggests the world’s largest economy is losing momentum.
The Bank Of Japan At The End Of The Road
I doubt this needed underscoring, but just in case: Years of the easiest monetary policy
Elements Of Chaos
Speaking to Fox Business on Friday morning, Wilbur Ross confirmed the US will blacklist China’s Semiconductor Manufacturing
‘Who Wants To Be A Guinea Pig?’
Call it the ripple effect. Or actually, don’t. Because that’s not how the company wants
‘A Surge In Global Food Prices Could Trigger Social Unrest Everywhere,’ Albert Edwards Warns
Albert Edwards is worried about cereal. Specifically, whether you’ll be able to afford it going
‘Whoa’: Minerd, Bloomberg Interrupted Fed Coverage To Detail $400,000 Bitcoin Thesis
On Wednesday, Guggenheim’s Scott Minerd chatted with Bloomberg Television, as he’s wont to do, usually
Impact Of Tesla Inclusion On S&P Valuation Greatly Exaggerated, Goldman Says
I think it’s fair to say that market participants are obsessed with Tesla index inclusion.
Trouble In Philly
The latest read on jobless claims wasn’t the only piece of bad economic news in
Jobless Claims Surge Again As Sirens Blare In US Labor Market
In news that should surprise exactly nobody, initial jobless claims surged for a second week
Same Narratives. Also, Bitcoin!
A largely unchanged narrative greeted traders and investors Thursday as lawmakers in Washington pressed ahead
Politics Before Polity
“#StimulusChecksNOW” was trending on Twitter Wednesday afternoon, if that tells you anything about the mood
Fed Delivers A ‘Substantial’ Dose Of Almost Nothing At Year’s Final Meeting
Headed into the last FOMC meeting of the most tumultuous year in modern history, Fed
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