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Featured

Tech Got No Love This Earnings Season

November 3, 2026November 3, 2026
  • Have The Hyper-Scalers Lost Their Minds?

    November 2, 2026November 2, 2026
  • Apple Sets A Bunch Of Records. Misses In China

    November 2, 2026November 2, 2026
  • Debbie Downers Amid The Renaissance

    November 2, 2026November 2, 2026

Markets

Sell-Side Sarcasm: New And Improved!

November 2, 2026November 3, 2026
  • 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

economy

Polls, Projectiles And Payrolls

November 1, 2026November 2, 2026
  • ‘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

Geopolitics

Let’s Talk Blue Waves

November 1, 2026November 2, 2026

Lagarde Versus Le Pen?

October 29, 2026October 30, 2026

The Tragic Irony Of The Israeli State

October 28, 2026October 29, 2026

Duly Noted

An ARM And A Leg

October 28, 2026October 30, 2026

Not Since 1969…

October 22, 2026October 24, 2026

Catherine Croft Says Lobbyist Pushed Obama, Soros Conspiracy Theory In Campaign To Have Yovanovitch Fired

October 30, 2019October 30, 2019

“It was not clear to me at the time—or now—at whose direction… Mr. Livingston was seeking the removal of Ambassador Yovanovitch”.

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‘Greatest Economy In US History’ Grows At Second-Slowest Pace In 15 Quarters

October 30, 2019October 30, 2019

Thank God for the consumer.

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2 Comments on ‘Greatest Economy In US History’ Grows At Second-Slowest Pace In 15 Quarters

Dour Prediction For German Exports Spoils Decent French GDP Read

October 30, 2019October 30, 2019

“DIHK has not received such pessimistic replies since the crisis.”

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‘Job Growth Has Throttled Way Back’: ADP Beats, But September Revised Lower

October 30, 2019October 30, 2019

“If hiring weakens any further, unemployment will begin to rise”.

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Deutsche Bank’s Third Quarter Results Are… Well, About What You’d Expect If You’re Being Honest

October 30, 2019October 30, 2019

“”I want to thank our employees for their strong performance”.

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Leave a Comment on Deutsche Bank’s Third Quarter Results Are… Well, About What You’d Expect If You’re Being Honest

House Votes To Sanction Turkey For Syria Massacre, Recognize Armenian Genocide In Sweeping Bipartisan Rebuke Of Trump Leniency

October 29, 2019October 30, 2019

This marks a stunning bipartisan rebuke of both the White House and a NATO ally.

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4 Comments on House Votes To Sanction Turkey For Syria Massacre, Recognize Armenian Genocide In Sweeping Bipartisan Rebuke Of Trump Leniency

Trump Is Taking A Tony Soprano Approach To USMCA Auto Rules

October 29, 2019October 29, 2019

Hopefully, you can see the problem with this arrangement…

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1 Comment on Trump Is Taking A Tony Soprano Approach To USMCA Auto Rules

Steve Mnuchin Wants All Of The Smoke From Elizabeth Warren In Repo Debate

October 29, 2019October 29, 2019

“Have we gone too far?”

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6 Comments on Steve Mnuchin Wants All Of The Smoke From Elizabeth Warren In Repo Debate

Nomura’s McElligott Flags Potential For Major Inflection Away From Legacy CTA Bond Long

October 29, 2019October 29, 2019

“This would drive mechanical selling flows from what has been one of the largest ‘gross $ exposure’ positions in the model all year”.

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3 Comments on Nomura’s McElligott Flags Potential For Major Inflection Away From Legacy CTA Bond Long

US-China Trade Deal Won’t Be Signed In Chile Unless It Is, In Which Case You Can Retroactively Ignore This…

October 29, 2019October 29, 2019

Art of the wtf?

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1 Comment on US-China Trade Deal Won’t Be Signed In Chile Unless It Is, In Which Case You Can Retroactively Ignore This…

What Liz Warren’s Tax Policies Would Really Mean For Stocks And The Economy (According To An Actual Analyst)

October 29, 2019October 29, 2019

Hint: It’s a bit more nuanced than some high-profile hedge fund luminaries would have you believe.

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3 Comments on What Liz Warren’s Tax Policies Would Really Mean For Stocks And The Economy (According To An Actual Analyst)

UK To Get Highly Contentious, Wholly Unpredictable Election For Christmas!

October 29, 2019

Voters will have a choice…

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Saudi Aramco Made 3 Times More Money In 9 Months Than Exxon Made All Of Last Year

October 29, 2019October 29, 2019

Shares will begin trading on the Tadawul December 11.

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Army Officer Alexander Vindman Listened To Trump-Zelensky Call. Here Is His Statement To Impeachment Investigators

October 29, 2019

And it’s not just the phone call that had Vindman concerned.

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11 Comments on Army Officer Alexander Vindman Listened To Trump-Zelensky Call. Here Is His Statement To Impeachment Investigators

Too Far Too Fast? Goldman Wonders If The Risk Rotation Can Last

October 29, 2019November 23, 2019

A sustained rotation requires an improvement in the data, the bank warns.

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Paul Tudor Jones Is Being Totally Objective When He Says Elizabeth Warren Will Crash The Stock Market

October 28, 2019

“I love Mayor Pete”.

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4 Comments on Paul Tudor Jones Is Being Totally Objective When He Says Elizabeth Warren Will Crash The Stock Market

Here’s A Crazy Story About Trump, Giuliani And Some Schools Linked To Erdogan Archenemy Fethullah Gulen

October 28, 2019October 29, 2019

Just in case you weren’t suspicious enough already.

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1 Comment on Here’s A Crazy Story About Trump, Giuliani And Some Schools Linked To Erdogan Archenemy Fethullah Gulen

Nancy Pelosi To Give Trump, Republicans What They Asked For, Will Bring Impeachment Resolution To Floor

October 28, 2019October 28, 2019

Be careful what you wish for.

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3 Comments on Nancy Pelosi To Give Trump, Republicans What They Asked For, Will Bring Impeachment Resolution To Floor

Marko Kolanovic Again Warns Of Potential ‘Crash’ In Low Volatility Stocks, Flags Massive CTA Commodity Short

October 28, 2019November 23, 2019

“Low volatility crowding turned the conventional economics upside down”.

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1 Comment on Marko Kolanovic Again Warns Of Potential ‘Crash’ In Low Volatility Stocks, Flags Massive CTA Commodity Short

Boris Johnson’s Latest Election Gambit Fails, Setting The Stage For… Hell, Who Knows Anymore

October 28, 2019October 28, 2019

Comedy of errors.

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3 Comments on Boris Johnson’s Latest Election Gambit Fails, Setting The Stage For… Hell, Who Knows Anymore

Trump Compares Chicago To Afghanistan In Divisive Speech Marred By Boycott, Protests

October 28, 2019

“I’ve done more than any president has ever done for the police”.

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2 Comments on Trump Compares Chicago To Afghanistan In Divisive Speech Marred By Boycott, Protests

No Escape From ‘Flattening Vortex’ As Long As ‘Resistance To Redistributive Forces’ Persists, Deutsche’s Kocic Warns

October 28, 2019October 28, 2019

“The resistance against radical redistribution of wealth has been remarkably robust and resilient”.

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1 Comment on No Escape From ‘Flattening Vortex’ As Long As ‘Resistance To Redistributive Forces’ Persists, Deutsche’s Kocic Warns

Trump Catapults S&P To Record High With Trade Remarks

October 28, 2019October 28, 2019

“Probably a lot ahead of schedule”.

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1 Comment on Trump Catapults S&P To Record High With Trade Remarks

As Argentina Returns To Left-Wing Populism, Tighter Capital Controls And A Fight With Brazil’s Fascist Loom

October 28, 2019October 28, 2019

“…fertile ground for political and policy missteps”?

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Leave a Comment on As Argentina Returns To Left-Wing Populism, Tighter Capital Controls And A Fight With Brazil’s Fascist Loom

‘Lock Him Up!’ Donald Trump Had A Bad Night At The World Series

October 28, 2019October 28, 2019

For a man who cannot suffer criticism, it was a truly embarrassing spectacle.

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11 Comments on ‘Lock Him Up!’ Donald Trump Had A Bad Night At The World Series

EU Says It’s Fine If Brexit Is Delayed To January 31, Boris Pushes Ahead With Plan B-less Election Gambit

October 28, 2019October 28, 2019

There is no Plan B if Johnson’s latest election gambit fails.

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Leave a Comment on EU Says It’s Fine If Brexit Is Delayed To January 31, Boris Pushes Ahead With Plan B-less Election Gambit

Analyst Who Called The Repo Squeeze Warns On ‘Combustible Cocktail’ Into Year-End

October 27, 2019

“There could be a broader de-leveraging across financial markets”.

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2 Comments on Analyst Who Called The Repo Squeeze Warns On ‘Combustible Cocktail’ Into Year-End

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Monthly Letter

  • The Arbitrageur

Recent Comments

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  • therealheisenberg on Have The Hyper-Scalers Lost Their Minds?
  • therealheisenberg on Sell-Side Sarcasm: New And Improved!
  • SeaTurtle on Sell-Side Sarcasm: New And Improved!

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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