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Featured

Debbie Downers Amid The Renaissance

November 2, 2026November 2, 2026
  • Sell-Side Sarcasm: New And Improved!

    November 2, 2026November 2, 2026
  • Let’s Talk Blue Waves

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

    November 1, 2026November 1, 2026

Markets

Weekly: The Leveraged Buildout (Speculative Gravity Control)

October 31, 2026November 2, 2026
  • The Problem, In A Nutshell…

    October 30, 2026November 2, 2026
  • 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

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

Chinese Stocks Recover All Post-Holiday Losses As Autos, Brokerages Skyrocket. Parliament Delay Pondered

February 17, 2020February 17, 2020

Like it never happened – sort of.

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China’s Latest Rate Cut: Here’s What It Means

February 16, 2020February 16, 2020

This paves the way for the de facto benchmark to be cut later this week.

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Japan Just Served Up One Of The Worst Quarterly Economic Contractions In History

February 16, 2020February 16, 2020

And this was before the virus.

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4 Comments on Japan Just Served Up One Of The Worst Quarterly Economic Contractions In History

More Than 1,000 Former DOJ Officials Demand Bill Barr Resign, Call AG’s Behavior ‘Grave Threat’

February 16, 2020February 16, 2020

“Mr. Barr’s actions in doing the President’s personal bidding unfortunately speak louder than his words.”

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5 Comments on More Than 1,000 Former DOJ Officials Demand Bill Barr Resign, Call AG’s Behavior ‘Grave Threat’

A Large Butterfly Flaps Its Wings In Paris: The Early Days Of A Crisis

February 16, 2020February 17, 2020

“We have 200 people to keep alive.”

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3 Comments on A Large Butterfly Flaps Its Wings In Paris: The Early Days Of A Crisis

‘All Roads Lead To Lower Rates’: Kocic

February 16, 2020February 17, 2020

“The least ambiguous trade”…

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3 Comments on ‘All Roads Lead To Lower Rates’: Kocic

Bad, Worse, Ugly Or ‘Unthinkable’? One Bank Goes ‘Dystopian Hollywood’ With Coronavirus Scenario Analysis

February 16, 2020February 16, 2020

“Let’s all pray it does not come to pass.”

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2 Comments on Bad, Worse, Ugly Or ‘Unthinkable’? One Bank Goes ‘Dystopian Hollywood’ With Coronavirus Scenario Analysis

Conspiracies Aren’t Conspiracies And ‘Fundamentals’ Are Malleable

February 15, 2020February 16, 2020

Ben Bernanke is the worst co-conspirator in the world.

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2 Comments on Conspiracies Aren’t Conspiracies And ‘Fundamentals’ Are Malleable

The World’s An Unfriendly Place When King Dollar Refuses To Roll Over

February 15, 2020February 16, 2020

“King dollar” can be a real pain sometimes.

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3 Comments on The World’s An Unfriendly Place When King Dollar Refuses To Roll Over

Coronavirus And China’s Never-Ending Spinning Plates Routine

February 15, 2020February 15, 2020

The anti-epidemic bond issuance story is a microcosm of a broader narrative.

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Things Just Keep Getting Weirder At Bill Barr’s Justice Department

February 14, 2020February 15, 2020

“I just think it’s a banana republic when we go down that road”.

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2 Comments on Things Just Keep Getting Weirder At Bill Barr’s Justice Department

Trump Has New Plan To Drive Stocks Into Stratosphere (But You Have To Reelect Him)

February 14, 2020February 14, 2020

“If you reelect this administration, this is what you’re going to get”.

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8 Comments on Trump Has New Plan To Drive Stocks Into Stratosphere (But You Have To Reelect Him)

Total Trumpification.

February 14, 2020February 16, 2020

“…a strange hybrid of tacky glitz and truck stop, bumper sticker jingoism.”

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5 Comments on Total Trumpification.

Germany’s Obsession With ‘Black Zero’ Fiscal Policy Now Borders On Psychosis

February 14, 2020

There has to be a pain threshold.

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2 Comments on Germany’s Obsession With ‘Black Zero’ Fiscal Policy Now Borders On Psychosis

Big Miss On Retail Sales Control Group Marks Stark Contrast With Record-High Confidence, Stocks

February 14, 2020February 14, 2020

Not the best news.

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1 Comment on Big Miss On Retail Sales Control Group Marks Stark Contrast With Record-High Confidence, Stocks

Viral Valentines.

February 14, 2020February 14, 2020

Who wants to hold risk into the weekend?

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8 Comments on Viral Valentines.

William Barr Says Trump’s Tweets Make AG Job ‘Impossible’. Real Criticism Or Ruse?

February 13, 2020February 14, 2020

Are you “prepared for the ramifications” of your remarks, Mr. Barr?

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9 Comments on William Barr Says Trump’s Tweets Make AG Job ‘Impossible’. Real Criticism Or Ruse?

Here’s The Real Problem With Judy Shelton’s Fed Nomination

February 13, 2020

The issue isn’t her unorthodox views. The problem is that her views are subject to change virtually overnight.

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4 Comments on Here’s The Real Problem With Judy Shelton’s Fed Nomination

Albert Edwards: Retail Investors Will Be ‘Shocked’ To Discover The Truth About Corporate Debt Bubble

February 13, 2020February 13, 2020

It’s a “shame”…

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2 Comments on Albert Edwards: Retail Investors Will Be ‘Shocked’ To Discover The Truth About Corporate Debt Bubble

World’s Most Profitable Company Starting To Get Annoyed With Pesky Virus

February 13, 2020

But they’ll be fine…

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oil, OPECLeave a Comment on World’s Most Profitable Company Starting To Get Annoyed With Pesky Virus

A ‘Rare’ Local ‘Red Flag’ And A 30,000-Foot Reminder

February 13, 2020February 13, 2020

“Risk gets spooked”, a local consideration and a big-picture reminder.

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1 Comment on A ‘Rare’ Local ‘Red Flag’ And A 30,000-Foot Reminder

No. Nobody Cares About January’s ‘Hot’ Inflation Prints

February 13, 2020

And here’s why…

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1 Comment on No. Nobody Cares About January’s ‘Hot’ Inflation Prints

China’s Auto Slump Goes Viral In Record January Plunge

February 13, 2020

But don’t worry, Tesla will be fine, I’m sure.

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1 Comment on China’s Auto Slump Goes Viral In Record January Plunge

Sociopathic Tendencies.

February 13, 2020February 13, 2020

“No one asked about the data revisions”.

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4 Comments on Sociopathic Tendencies.

William Barr Has Date With House Judiciary Committee As Trump Gets More Brazen

February 12, 2020February 13, 2020

This “requires our immediate attention”.

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2 Comments on William Barr Has Date With House Judiciary Committee As Trump Gets More Brazen

The Macro Tourist Is Buying European Stocks (And ‘Lightly’ Shorting The Nasdaq)

February 12, 2020February 12, 2020

“This is my sort of breakout.”

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1 Comment on The Macro Tourist Is Buying European Stocks (And ‘Lightly’ Shorting The Nasdaq)

Deutsche’s Kocic Explains How It Could All Dead End

February 12, 2020February 12, 2020

Any questions?

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14 Comments on Deutsche’s Kocic Explains How It Could All Dead End

Posts pagination

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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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