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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

‘Internet Of Living Things’: How Marko Kolanovic Would Use Big Data To Save The World In Future Pandemics

April 5, 2020April 6, 2020

“…in the age of big data, machine learning and internet of things, this could be different.”

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March Madness: How The Treasury Market Blew Up

April 5, 2020November 22, 2020

Over the past several weeks, central banks globally have been keen to emphasize the extent

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Trouble In Paradise: Saudi Arabia Ponders Stark Reality Ahead Of Crucial Week

April 5, 2020April 5, 2020

Choices, choices.

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oil, OPEC1 Comment on Trouble In Paradise: Saudi Arabia Ponders Stark Reality Ahead Of Crucial Week

‘A Lot Of Death, Unfortunately’, And One Curve You Don’t Want To Flatten

April 4, 2020April 5, 2020

“A World War I or II or something.”

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1 Comment on ‘A Lot Of Death, Unfortunately’, And One Curve You Don’t Want To Flatten

Trump Calls OPEC ‘Illegal’, Says ‘Tariff Man’ Could Make A Cameo If Necessary

April 4, 2020

“Oil is at a record low. It’s actually lower than you even think”.

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oil, OPEC14 Comments on Trump Calls OPEC ‘Illegal’, Says ‘Tariff Man’ Could Make A Cameo If Necessary

Dark Days And Masked Men.

April 4, 2020April 4, 2020

“Wearing a face mask as I greet presidents, prime ministers, dictators, kings, queens – I don’t know.”

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4 Comments on Dark Days And Masked Men.

Four Minutes From Mar-A-Lago, A Depression-Style Soup Kitchen

April 4, 2020April 4, 2020

“…but you know, I thank God for it”.

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1 Comment on Four Minutes From Mar-A-Lago, A Depression-Style Soup Kitchen

Saudis Insult Putin For Lying About Oil Price Collapse, Jeopardizing Crucial OPEC+ Meeting

April 4, 2020April 4, 2020

So, he’s lying, but what else is new?

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oil, OPEC8 Comments on Saudis Insult Putin For Lying About Oil Price Collapse, Jeopardizing Crucial OPEC+ Meeting

One Possible Consequence Of COVID Crisis: A Rethink Of How Companies Finance Themselves

April 3, 2020April 4, 2020

“The point of equity funding over debt funding is it does not need to be repaid.”

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5 Comments on One Possible Consequence Of COVID Crisis: A Rethink Of How Companies Finance Themselves

Relatively Speaking.

April 3, 2020April 3, 2020

“It’s hard to get a straight answer from anyone right now”.

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oil, OPEC2 Comments on Relatively Speaking.

‘Beyond Grim’: Europe’s Services Sector Disappears Into ‘Black Hole’ Leaving Economists Speechless

April 3, 2020April 3, 2020

“It’s increasingly difficult to find the words to describe the devastation”.

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‘Some Are Going Bust’: US Services Sector On The Brink

April 3, 2020April 3, 2020

“The coronavirus is affecting every aspect of business.”

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Leisure And Hospitality Industry Wipes Out Nearly 2 Years Of Jobs Gains In Single Month

April 3, 2020April 3, 2020

“…most of the decline came in food services and drinking places”.

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Stunning Jobs Report Shows 701,000 Lost Jobs. And The ‘Horror Show’ Is Yet To Come

April 3, 2020April 3, 2020

If this is just the appetizer, imagine how bad the main course is going to be.

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7 Comments on Stunning Jobs Report Shows 701,000 Lost Jobs. And The ‘Horror Show’ Is Yet To Come

RSVP Plus One For A Virtual Cartel Meeting. And More Easing Nods From China.

April 3, 2020April 3, 2020

These are your tangential storylines on Friday.

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oil, OPECLeave a Comment on RSVP Plus One For A Virtual Cartel Meeting. And More Easing Nods From China.

Four Months, One Million Infections, 349 Billion Dollars And ‘Everybody Working Together’

April 2, 2020April 3, 2020

“These days everybody is working together.”

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7 Comments on Four Months, One Million Infections, 349 Billion Dollars And ‘Everybody Working Together’

Fire Sale! Foreign Central Banks Sold Record $109 Billion Of Treasurys Last Month Amid Mad Dollar Dash

April 2, 2020April 2, 2020

In case you were curious…

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2 Comments on Fire Sale! Foreign Central Banks Sold Record $109 Billion Of Treasurys Last Month Amid Mad Dollar Dash

Carnivals And Pixie Dust.

April 2, 2020

Go figure.

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4 Comments on Carnivals And Pixie Dust.

The Day After Tomorrow: One Bank Sketches Pandemic ‘Exit Strategy’

April 2, 2020April 2, 2020

It sounds like science fiction – but here we are.

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8 Comments on The Day After Tomorrow: One Bank Sketches Pandemic ‘Exit Strategy’

‘I Never Thought I’d See Such A Thing In My Lifetime’: Jobless Apocalypse Stuns Nation

April 2, 2020April 2, 2020

“Between 16 and 20 million jobs could be lost.”

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6 Comments on ‘I Never Thought I’d See Such A Thing In My Lifetime’: Jobless Apocalypse Stuns Nation

Trump Says Mohammed Bin Salman, Putin To Announce Giant Production Cut, Sparking Insane Oil Rally

April 2, 2020April 2, 2020

“I expect and hope that they will be cutting back approximately 10 Million Barrels”.

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oil, OPEC3 Comments on Trump Says Mohammed Bin Salman, Putin To Announce Giant Production Cut, Sparking Insane Oil Rally

Jobless Claims Surge By Astounding 6.65 Million As Worst-Case Is Realized

April 2, 2020April 2, 2020

Unfortunately (and incredibly) America did not avoid the worst-case scenario.

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17 Comments on Jobless Claims Surge By Astounding 6.65 Million As Worst-Case Is Realized

‘Morally Repulsive Slander’: China Unleashes Hua Chunying To Tackle Accusations Of ‘Fake’ Virus Data

April 2, 2020April 2, 2020

The blame game begins.

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7 Comments on ‘Morally Repulsive Slander’: China Unleashes Hua Chunying To Tackle Accusations Of ‘Fake’ Virus Data

China To Do What Trump Couldn’t: Go On An Oil Buying Spree

April 2, 2020April 2, 2020

China will take Steve Mnuchin’s advice: “Let’s go out and buy.”

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oilLeave a Comment on China To Do What Trump Couldn’t: Go On An Oil Buying Spree

Social Isolation, Disease, Depression And MMT: Sorting Through The Latest From Howard Marks

April 1, 2020April 2, 2020

“Today the range of negative outcomes seems much wider”…

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8 Comments on Social Isolation, Disease, Depression And MMT: Sorting Through The Latest From Howard Marks

Fed Effectively Tells Banks To Increase Leverage With Rule Upping Exposure Capacity By $1.6 Trillion

April 1, 2020April 1, 2020

“…their exclusion will also not incentivize risk-taking by banking organizations.”

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3 Comments on Fed Effectively Tells Banks To Increase Leverage With Rule Upping Exposure Capacity By $1.6 Trillion

An Inauspicious Start.

April 1, 2020

“God willing and coronavirus willing”.

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3 Comments on An Inauspicious Start.

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Monthly Letter

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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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