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Featured

The Capex Catch-22

November 3, 2026November 3, 2026
  • Someone’s Got Work For You

    November 3, 2026November 3, 2026
  • Tech Got No Love This Earnings Season

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

    November 2, 2026November 2, 2026

Markets

Apple Sets A Bunch Of Records. Misses In China

November 2, 2026November 3, 2026
  • 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

economy

Debbie Downers Amid The Renaissance

November 2, 2026November 3, 2026
  • 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

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

US, China Strike ‘Phase One’ Trade Deal, Tariff Hike Delayed, No Decision On December Escalation

October 11, 2019October 19, 2019

Rejoice! 

Read More

7 Comments on US, China Strike ‘Phase One’ Trade Deal, Tariff Hike Delayed, No Decision On December Escalation

Read The Stunning Deposition Statement From Marie Yovanovitch

October 11, 2019November 27, 2021

“I was nevertheless incredulous that the U.S. government chose to remove an Ambassador based, as best as I can tell, on unfounded and false claims”.

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6 Comments on Read The Stunning Deposition Statement From Marie Yovanovitch

After Abandoning Syrian Kurds To ‘Save’ 50 Americans, Trump Commits 1,800 Troops To Saudi Arabia

October 11, 2019October 11, 2019

Altogether, Trump has boosted America’s troop presence in the Mideast by around 14,000 since May.

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3 Comments on After Abandoning Syrian Kurds To ‘Save’ 50 Americans, Trump Commits 1,800 Troops To Saudi Arabia

Trump Loses Second Major Battle In A Week As Federal Appeals Court Rejects Bid To Block House Subpoena For Tax Records

October 11, 2019October 11, 2019

“The Committee possesses authority under both the House Rules and the Constitution to issue the subpoena”.

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Leave a Comment on Trump Loses Second Major Battle In A Week As Federal Appeals Court Rejects Bid To Block House Subpoena For Tax Records

‘QE Lite’ Is Here! And It Starts Next Week…

October 11, 2019October 11, 2019

They’re going “big” right out of the gate.

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4 Comments on ‘QE Lite’ Is Here! And It Starts Next Week…

In Case Markets Needed More Good News, Here’s A Goldilocks Consumer Sentiment Report

October 11, 2019

“The impeachment inquiry has not had a significant negative impact”.

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Leave a Comment on In Case Markets Needed More Good News, Here’s A Goldilocks Consumer Sentiment Report

Nomura’s McElligott: Hedges Are ‘Being Lit On Fire’ Amid Unwelcome ‘Blast Of Good News’

October 11, 2019October 11, 2019

“[We] should see some entertaining price action today!”

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1 Comment on Nomura’s McElligott: Hedges Are ‘Being Lit On Fire’ Amid Unwelcome ‘Blast Of Good News’

Putin Not Convinced Erdogan Can Commit Genocide Without Accidentally Jailbreaking Insane Militants

October 11, 2019

“[I’m] not sure the [Turkish] military will be able take this under control”.

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1 Comment on Putin Not Convinced Erdogan Can Commit Genocide Without Accidentally Jailbreaking Insane Militants

Global Markets Whipped Into Bullish Frenzy As Trump Teases Meaningless ‘Deal’ With China

October 11, 2019October 11, 2019

Curb your enthusiasm.

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3 Comments on Global Markets Whipped Into Bullish Frenzy As Trump Teases Meaningless ‘Deal’ With China

Attack On Iranian Oil Tanker Reminds Markets We’re ‘One Incident Away From War’

October 11, 2019October 11, 2019

Maybe that geopolitical premium was priced out too soon, after all.

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5 Comments on Attack On Iranian Oil Tanker Reminds Markets We’re ‘One Incident Away From War’

Trump Faces Full-Blown Crisis In Syria, As Turkish Invasion Kills Hundreds, Displaces 64,000 In 48 Hours

October 10, 2019October 11, 2019

“Take it a little bit easy”.

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3 Comments on Trump Faces Full-Blown Crisis In Syria, As Turkish Invasion Kills Hundreds, Displaces 64,000 In 48 Hours

Rick Perry Subpoenaed In Impeachment Probe, Should Probably Just Cooperate Before It’s Too Late

October 10, 2019

Just sayin’.

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3 Comments on Rick Perry Subpoenaed In Impeachment Probe, Should Probably Just Cooperate Before It’s Too Late

Want To Know What Lindsey Graham Really Thinks Of The Kurds? Just Call Him Up And Pretend To Be Turkey!

October 10, 2019November 27, 2021

“They got him”

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8 Comments on Want To Know What Lindsey Graham Really Thinks Of The Kurds? Just Call Him Up And Pretend To Be Turkey!

Here’s How Much The Fed Will Buy During The First Four Months Of ‘QE-Lite’

October 10, 2019October 10, 2019

By any other name…

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4 Comments on Here’s How Much The Fed Will Buy During The First Four Months Of ‘QE-Lite’

Rudy Giuliani’s Ukraine Fixers Arrested. Parnas, Fruman Had Stonewalled Congress In Impeachment Probe

October 10, 2019October 10, 2019

The two men were charged in a separate case. They had refused to cooperate with House investigators.

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12 Comments on Rudy Giuliani’s Ukraine Fixers Arrested. Parnas, Fruman Had Stonewalled Congress In Impeachment Probe

Trump Will Subject Liu He To Friday White House Photo Op – Because Those Always Go Well…

October 10, 2019

“They want to make a deal, but do I?”

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1 Comment on Trump Will Subject Liu He To Friday White House Photo Op – Because Those Always Go Well…

‘Let The Kurds Fight Their Own Battles’, Trump Says, As Turkey Kills 109 In 24 Hours

October 10, 2019November 27, 2021

Erdogan is not “playing by the rules”.

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Leave a Comment on ‘Let The Kurds Fight Their Own Battles’, Trump Says, As Turkey Kills 109 In 24 Hours

‘QE Infinity’ Debate Took Center Stage At Rebellious September ECB Meeting, Minutes Show

October 10, 2019October 10, 2019

“A remark was made that an open-ended announcement could give rise to”…

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Leave a Comment on ‘QE Infinity’ Debate Took Center Stage At Rebellious September ECB Meeting, Minutes Show

Markets Lost In Fog Of Trade War Amid Hopelessly Conflicting Reports

October 10, 2019October 10, 2019

“Good and easy to win”, he said.

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1 Comment on Markets Lost In Fog Of Trade War Amid Hopelessly Conflicting Reports

US Could Roll Out Currency Pact With China As Part Of Limited Trade Deal: Reports

October 9, 2019October 9, 2019

The headline hockey continues.

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Leave a Comment on US Could Roll Out Currency Pact With China As Part Of Limited Trade Deal: Reports

Macro Tourist Says ‘Don’t Fight The Fiscal’

October 9, 2019October 9, 2019

“I am coming up with a new one”.

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4 Comments on Macro Tourist Says ‘Don’t Fight The Fiscal’

Bombshell: Trump Pressed Rex Tillerson To Have DoJ Drop Criminal Case Against Erdogan-Linked Reza Zarrab

October 9, 2019October 10, 2019

Now this, folks, is a rabbit hole.

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9 Comments on Bombshell: Trump Pressed Rex Tillerson To Have DoJ Drop Criminal Case Against Erdogan-Linked Reza Zarrab

Markets Shudder As ‘No Progress’ Made In Deputy-Level Trade Talks, China To Leave Washington Thursday Night

October 9, 2019October 9, 2019

“What the f*** are you supposed to do?”

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3 Comments on Markets Shudder As ‘No Progress’ Made In Deputy-Level Trade Talks, China To Leave Washington Thursday Night

As Kurdish Death Toll Rises In Turkey-Syria Border Offensive, Trump Demands ‘Soft, Fair’ Genocide From Erdogan

October 9, 2019October 9, 2019

“We’ll see how he does it”.

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3 Comments on As Kurdish Death Toll Rises In Turkey-Syria Border Offensive, Trump Demands ‘Soft, Fair’ Genocide From Erdogan

Divided Fed Was Divided, September FOMC Minutes Show

October 9, 2019October 9, 2019

Tasseography time.

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1 Comment on Divided Fed Was Divided, September FOMC Minutes Show

‘El Chop-o’ And What May Be Next, According To Nomura’s Charlie McElligott

October 9, 2019October 9, 2019

Daisy chains, knock-ons and seasonals amid the macro melee.

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2 Comments on ‘El Chop-o’ And What May Be Next, According To Nomura’s Charlie McElligott

Elizabeth Warren Will Defeat Environmental Injustice – Here’s How

October 9, 2019October 9, 2019

“The federal government has largely failed”.

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4 Comments on Elizabeth Warren Will Defeat Environmental Injustice – Here’s How

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Monthly Letter

  • The Arbitrageur

Recent Comments

  • derek on The Capex Catch-22
  • dayjob on The Capex Catch-22
  • T-Dog on Debbie Downers Amid The Renaissance
  • therealheisenberg on Let’s Talk Blue Waves

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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