From Lacy Hunt’s MMT Interview: ‘Nearly 100% Of Our People Would Be Miserable, Absolutely Miserable’
“Suddenly we end up with President Bernie Sanders, Vice President AOC, and they appoint Professor Stephanie Kelton as the new Federal Reserve Chairman.”
There Are No More High-Speed Collisions, Only ‘Parking Accidents’
Does corporate leverage pose a systemic risk? Some perspective…
The Acquittal Of Fear: How The Financial Crisis Changed Our Perception Of Reality
“Fear has been elevated to a new heuristic.”
It’s (Still) About The Buybacks
“Plunge protection” – no conspiracy theories needed.
China May Have Saved Itself, But What About The Rest Of Us?
…you’re left to question both the will and the ability of Beijing to prolong the global cycle.
Here’s Why It’s Important To Call Out Larry Kudlow For The Thousandth Time
Not because it’s funny – rather, because it’s not funny.
Crude Plunges As Trump Says He Called OPEC, CTAs Partially Delever Max Long
“You gotta bring em’ down.”
Skin-Deep GDP Beat Suggests Things Might Not Be So Great (Again)
A quick look under the hood is all you need.
‘This Is Much Worse Than Expected’: Analysts (Still) Struggling To Come To Terms With The Reality Of Erdogan
“Policy has gone off the rails.”
Nomura’s McElligott On Epic Underexposure, ‘Violent’ CTA Re-Leveraging And ‘Why We Melted Up’
“All of this does this”…
We’re All Japan Now: Riksbank Edition
“…our interest rate path, policy rate path speaks its own language.”
Trump Tells Khalifa Haftar He Can Be King Of Libya, Or Whatever…
“What would be a big mistake”…
Part 2 Of The Macro Tourist’s Practitioner’s Guide To MMT
“If in the coming years politicians adopt MMT policies, your outrage will do your portfolio little good.”
Long Live The ‘King’? Defiant Dollar Bedevils Doubters
Hindsight is 20/20.
Add Bank Of Canada To The List…
“Pivots” and “relents” everywhere…
‘The Coyotes Have Weapons!’ Trump Hints At Gunfight With Mexican Army, Says He’ll Take Impeachment Fight To SCOTUS
A smorgasbord of fire and brimstone.
Meanwhile, Down Under…
If the die wasn’t already cast, it is now.
Meanwhile, Trump Lectures Jack Dorsey, White House Preps McGahn Subpoena Fight, Carl Kline Chances Contempt Of Congress
If this all sounds overtly insane to you, that’s because it is.
The Macro Tourist Presents: A Practitioner’s Guide To MMT
“MMT seems to evoke a visceral gagging reflex from most finance-types.”
Beating Dead Horses And Weaning Buybacks Off ‘Steroids’
Penning breathless missives about the impact of buybacks on equities long ago lost its novelty.
Death By A Thousand Tweets
Twitter is a soul-sucking, hellscape that’s immeasurably inimical to public discourse.
‘The Timing Is Much More Sudden Than We Assumed’: World Reacts To Trump’s Latest Iran Escalation
A bit of incredulity, but this is Trump we’re talking about, after all.
China To ‘Pause’ RRR Cuts In Possible Blow To World-Beating Stock Rally
“In the short term, it’s not necessary.”
You must be logged in to post a comment.