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Featured

Let’s Talk Blue Waves

November 1, 2026November 1, 2026
  • Polls, Projectiles And Payrolls

    November 1, 2026November 1, 2026
  • Weekly: The Leveraged Buildout (Speculative Gravity Control)

    October 31, 2026October 31, 2026
  • The Problem, In A Nutshell…

    October 30, 2026

Markets

What’s What And WTF?

October 30, 2026November 1, 2026
  • Oil, Dammit!

    October 30, 2026November 1, 2026
  • My Goodness: Amazon Spent Some Money

    October 29, 2026October 31, 2026
  • Alphabet Whiffs, Microsoft Hits

    October 28, 2026October 31, 2026
  • Mona Lisa’s Smirk

    October 28, 2026October 29, 2026

economy

‘Remains Elevated’

October 29, 2026October 30, 2026
  • Boom!

    October 29, 2026October 30, 2026
  • Dissembling Strategery

    October 28, 2026October 29, 2026
  • Frozen Bubble

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

    October 27, 2026October 28, 2026

Geopolitics

Lagarde Versus Le Pen?

October 29, 2026October 30, 2026

The Tragic Irony Of The Israeli State

October 28, 2026October 29, 2026

Lula!

October 26, 2026October 27, 2026

Duly Noted

An ARM And A Leg

October 28, 2026October 30, 2026

Not Since 1969…

October 22, 2026October 24, 2026

Meanwhile, Turkey Plays With Fire

April 22, 2020

The “or else” approach.

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1 Comment on Meanwhile, Turkey Plays With Fire

‘I Am An Oil Man’: How Long Before Jerome Powell Gets Into The Oil And Gas Business?

April 22, 2020April 22, 2020

“I have numerous concerns”…

Read More

oil4 Comments on ‘I Am An Oil Man’: How Long Before Jerome Powell Gets Into The Oil And Gas Business?

Who’s Afraid Of Red Ink? COVID Crisis Spawns Bull Market In Deficit Fearmongering

April 22, 2020June 15, 2020

Ultimately, it’s up to you…

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19 Comments on Who’s Afraid Of Red Ink? COVID Crisis Spawns Bull Market In Deficit Fearmongering

Pots, Pans, Tank Tops, $88 Million In Losses And Negative $100 Oil

April 22, 2020April 22, 2020

“The world of negative prices doesn’t have a floor.”

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oil3 Comments on Pots, Pans, Tank Tops, $88 Million In Losses And Negative $100 Oil

New Money, No Immigration.

April 21, 2020April 22, 2020

“I was pleased to see that Shake Shack returned the money.”

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3 Comments on New Money, No Immigration.

‘Lights Out’: Oil And Gas ‘Suddenly Becomes A Hobby’

April 21, 2020April 21, 2020

We’ve entered a not-so-brave new world, that’s for sure. 

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oil, OPEC5 Comments on ‘Lights Out’: Oil And Gas ‘Suddenly Becomes A Hobby’

Marko Kolanovic Says S&P Will Be Back To Record Highs By Early Next Year. Here’s Why…

April 21, 2020April 21, 2020

“What is the right multiple given the unprecedented earnings hit, but also unprecedented monetary measures?

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In Surreal Oil Market, Nomura’s McElligott Asks: ‘What Is The Utility Of The Futures Contract Itself?’

April 21, 2020April 21, 2020

When abstraction collides with the tangible…

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oil, OPEC5 Comments on In Surreal Oil Market, Nomura’s McElligott Asks: ‘What Is The Utility Of The Futures Contract Itself?’

Oil-Crazy Retail Investors Maxed Out USO ETF In Likely Wrong-Headed Bet

April 21, 2020April 21, 2020

“Well the first thing you know ol’ Jed’s (not) a millionaire…”

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oil, OPEC7 Comments on Oil-Crazy Retail Investors Maxed Out USO ETF In Likely Wrong-Headed Bet

‘We’re Going To Hear About Crazy Losses’: Epic Oil Wipeout Poised To Ripple

April 21, 2020April 21, 2020

The historic wipeout in oil rolls on – figuratively and literally.

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oil, OPEC2 Comments on ‘We’re Going To Hear About Crazy Losses’: Epic Oil Wipeout Poised To Ripple

Ailing Despots, Flailing Authoritarians And Excruciating Exports

April 21, 2020April 21, 2020

“Newsflow has turned unsupportive”.

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4 Comments on Ailing Despots, Flailing Authoritarians And Excruciating Exports

‘Devastating’: Oil’s Epic Wipeout Begets A Sad Fatalism

April 20, 2020April 20, 2020

“This is a great time to buy oil”, the president added.

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oil, OPEC8 Comments on ‘Devastating’: Oil’s Epic Wipeout Begets A Sad Fatalism

‘When This Is All Over’

April 20, 2020April 21, 2020

“…I want people to say, we went through hell but we learned lessons.”

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10 Comments on ‘When This Is All Over’

Oil Falls 300%. Or Something. Is Less Than Worthless Now.

April 20, 2020April 20, 2020

“Incredible”.

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oil, OPEC7 Comments on Oil Falls 3007. Or Something. Is Less Than Worthless Now.

Shake Shack Tycoon Says You Can Have Your $10 Million Back, Since You’re Going To Whine About It

April 20, 2020April 20, 2020

“…we’ve decided to immediately return the entire $10 million PPP loan we received.”

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6 Comments on Shake Shack Tycoon Says You Can Have Your $10 Million Back, Since You’re Going To Whine About It

‘Hockey Stick’ Profit Dreams Were Shattered. Now Who Believes In ‘The Perfect V’?

April 20, 2020April 20, 2020

The “bottom line” – figuratively and literally.

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5 Comments on ‘Hockey Stick’ Profit Dreams Were Shattered. Now Who Believes In ‘The Perfect V’?

Oil Is All To Hell And ‘Negative Prices Are Possible’

April 20, 2020April 20, 2020

“Oil price is not like an equity price”.

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oil, OPEC3 Comments on Oil Is All To Hell And ‘Negative Prices Are Possible’

China Delivers Largest Cut Yet To De Facto Benchmark, But ‘More Easing Measures Are Needed’

April 19, 2020April 19, 2020

“…clearly more easing measures are needed”.

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1 Comment on China Delivers Largest Cut Yet To De Facto Benchmark, But ‘More Easing Measures Are Needed’

Trump Temporarily Postpones Some Tariffs, In Bid To Ease Supply Chain Strain

April 19, 2020April 19, 2020

And no, this isn’t Trump calling off the trade war.

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Leave a Comment on Trump Temporarily Postpones Some Tariffs, In Bid To Ease Supply Chain Strain

There Will Be Scars.

April 19, 2020April 20, 2020

But “there are believers out there.”

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3 Comments on There Will Be Scars.

Big Fat Checks, Steve Mnuchin’s Idea And Alms For The ‘Poor’

April 19, 2020April 19, 2020

“I’m sure people will be very happy to get a big, fat, beautiful check”.

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7 Comments on Big Fat Checks, Steve Mnuchin’s Idea And Alms For The ‘Poor’

In Bear Market Rally, Some Say They’ve Got It All Figured Out

April 19, 2020April 19, 2020

“Heads I win, tails you lose.”

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12 Comments on In Bear Market Rally, Some Say They’ve Got It All Figured Out

Liberation.

April 18, 2020April 19, 2020

“Edicts” and “scary movies”.

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11 Comments on Liberation.

Pork Problems And The Great COVID Deflation/Inflation Debate

April 18, 2020

“The American food supply chain had to adapt, and it remains safe, secure, and strong.”

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5 Comments on Pork Problems And The Great COVID Deflation/Inflation Debate

Deutsche’s Kocic: The Last Two Months Show The Intrinsic Instability Of Our Entire Economic System

April 18, 2020April 18, 2020

“The truth is simple.”

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24 Comments on Deutsche’s Kocic: The Last Two Months Show The Intrinsic Instability Of Our Entire Economic System

Write-Offs.

April 17, 2020April 18, 2020

They told us to “look through” it. And so, we did.

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Leave a Comment on Write-Offs.

Investors In Risky ‘Pandemic Bonds’ Just Got Wiped Out

April 17, 2020April 17, 2020

You knew the risks, right?

Read More

3 Comments on Investors In Risky ‘Pandemic Bonds’ Just Got Wiped Out

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Monthly Letter

  • The Arbitrageur

Recent Comments

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Monthly Letters

The Arbitrageur

October 29, 2026October 29, 2026

To Be Happy

September 4, 2026September 4, 2026

Hell Or High Fashion

July 3, 2026July 3, 2026

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