Hooray! China’s Manufacturing Sector Unexpectedly Leaps Back Into Expansion
The market will take it, that’s for sure.
The Macro Tourist Presents: A 10-Sigma Fiscal Policy Event
“President Obama’s reputation as being loose with the purse strings is especially ironic”.
Beyond The ‘Bull Market In Everything’
If everything is overvalued, where can you turn for safety in a pinch?
As Gold Closes Out Bad Month, Someone Bets On $4,000 By 2021
All is hardly lost for carefully-polished doorstops.
Trump Is Winning The Financial Asset War With China. Time For Another Escalation?
After all, we’re “playing with the house’s money”.
Spotted In Europe: Green Shoots
Just in time to wither and die, probably.
‘There’s No Obvious Trigger’: Hong Kong Shares Dive In Last Day Of Eventful Month
Frankly, the month could have gone worse for local shares.
Bank Of Korea Serves Up Another Reminder Of Sluggish Global Economy, Even As Rates Kept On Hold
Just call it another casualty of the trade war.
Albert Edwards To America On Thanksgiving: Japanification Is Right Around The Corner
“But what if the reverse happens?”
China May Ban Entry To Some US Lawmakers As Fallout From Hong Kong Bill Begins
“Based on what I know”…
Trump Begrudgingly Joins Pro-Democracy Cause In Hong Kong, All Eyes On China Retaliation
“Today, I have signed into law S. 1838, the ‘Hong Kong Human Rights and Democracy Act of 2019′”.
Giuliani Negotiated $200,000 Contract With Ukraine Prosector Who Conspired Against Marie Yovanovitch
And yes, diGenova and Toensing were involved, sources say.
Macro Tourist, Alleged Canadian, Is ‘Getting More Bearish On Canada Every Day’
“I’m bearish. Bigly.”
As NATO Faces Irrelevance, Trump Blamed In Brussels For Stoking Existential Crisis In Europe
“For the first time in history, there is an American president who is openly against a united Europe”.
MAGA Economy Is Healthier Than We Thought. Kinda, Sorta, Maybe.
Curb your enthusiasm (assuming you were enthusiastic).
Trump Risks Brutal Market Letdown With Trade Brinksmanship
“We have traded up on such optimism before, only to then be let down”.
PPI Deflation Bites In China, As Industrial Profits Sink Most On Record
Entrenched PPI deflation took a toll on profits for industrial enterprises in China last month,
Why One Bank ‘Remains Resolutely Pessimistic’ About 2020
If they’re right, they will look like geniuses.
Donald Trump Is Cordially Invited To Attend First Public Impeachment Hearing Next Week
Meanwhile, the president pardoned the Thanksgiving turkey.
Barclays: ‘Our Mini-Bubble Melt-Up Scenario’ Appears To Be Materializing
Thank the “easy soft patch”.
Nomura’s McElligott Explains The ‘Perfect Virtuous Feedback Loop’ As Gamma Gravity Pins Equities
“Intraday movement is squelched”.
Kellyanne Conway Accidentally Throws Cold Water On Trade Deal With Errant Fox & Friends Remarks
“He could have had a deal in May”.
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