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Tsunami

November 4, 2026November 4, 2026
  • 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

Markets

Have The Hyper-Scalers Lost Their Minds?

November 2, 2026November 4, 2026
  • 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

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

China Digs In, Trump Doubles Down, And The Nasdaq Collapses

August 5, 2019August 5, 2019

By that time, nobody could hear him…

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Leave a Comment on China Digs In, Trump Doubles Down, And The Nasdaq Collapses

Yield Curve Screams Recession As Trump Screams At China

August 5, 2019

Mind the 2020 implications.

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1 Comment on Yield Curve Screams Recession As Trump Screams At China

‘God Bless Those Who Perished In Toledo’: Trump Names Wrong City In Botched Mass Shooting Address

August 5, 2019August 5, 2019

“We will always win”.

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6 Comments on ‘God Bless Those Who Perished In Toledo’: Trump Names Wrong City In Botched Mass Shooting Address

Trump Said Democrats Would Cause A Depression – And Then The Dow Plunged 1,300 Points

August 5, 2019November 18, 2021

That’s some sinkhole.

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4 Comments on Trump Said Democrats Would Cause A Depression – And Then The Dow Plunged 1,300 Points

Biggest Part Of US Economy Slows To Pre-Trump Levels In Bad Omen

August 5, 2019

The last vestiges of any “Trump bump” are gone. 

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2 Comments on Biggest Part Of US Economy Slows To Pre-Trump Levels In Bad Omen

‘The Meltdown Phase Is Here’, One Bank Warns, After Shock Yuan Plunge

August 5, 2019August 5, 2019

“There is probably more pain to come”.

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Nomura’s McElligott Weighs In On Monday Mayhem: ‘Never Get Caught Short Gamma In August’

August 5, 2019August 5, 2019

Markets could be in for a messy couple of days.

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‘I Can’t See Where The Bottom Is’: Hong Kong Shares Plunge In Longest Losing Streak Since 1997

August 5, 2019August 5, 2019

And then some.

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3 Comments on ‘I Can’t See Where The Bottom Is’: Hong Kong Shares Plunge In Longest Losing Streak Since 1997

There Goes 7! Chinese Yuan Sinks To Record Low As Beijing Strikes Back

August 4, 2019August 5, 2019

Strap in.

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6 Comments on There Goes 7! Chinese Yuan Sinks To Record Low As Beijing Strikes Back

Ghost Of 2016’s Midnight Market U-Turn May Haunt 2020 Election, Goldman Says

August 4, 2019

Let’s just call it a coin flip.

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3 Comments on Ghost Of 2016’s Midnight Market U-Turn May Haunt 2020 Election, Goldman Says

Maybe Jerome Powell Sent Stocks Exactly The Right Message After All

August 4, 2019

What would it say about the state of things if the Fed had indicated three cuts were necessary this year?

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3 Comments on Maybe Jerome Powell Sent Stocks Exactly The Right Message After All

After The Storm: Full Week Ahead Preview

August 4, 2019August 4, 2019

So much for the summer “lull”.

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6 Comments on After The Storm: Full Week Ahead Preview

Raging Rates And Bond Markets On The Boil

August 4, 2019August 4, 2019

To be sure, the situation is “fluid”.

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1 Comment on Raging Rates And Bond Markets On The Boil

Since WWII, The Number Of Mass Killings Has Been Growing Exponentially

August 3, 2019August 4, 2019

“This is how crazy the world has become”.

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8 Comments on Since WWII, The Number Of Mass Killings Has Been Growing Exponentially

Macro Tourist: Don’t Forget Stanley Druckenmiller’s QE Lessons

August 3, 2019August 3, 2019

You know what happens when you assume, right?

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1 Comment on Macro Tourist: Don’t Forget Stanley Druckenmiller’s QE Lessons

Wall Street Is Worried About The Fed’s Role In Trump’s Trade War. You Should Be Too

August 3, 2019August 3, 2019

“Things are going along very well with China”.

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6 Comments on Wall Street Is Worried About The Fed’s Role In Trump’s Trade War. You Should Be Too

The Stars May Have Aligned For One Bank’s ‘Uber-Bearish, Extreme’ Oil Scenario

August 2, 2019

Still not the base case, but if China decides to buy Iranian oil, all bets are off.

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oil, OPEC5 Comments on The Stars May Have Aligned For One Bank’s ‘Uber-Bearish, Extreme’ Oil Scenario

A Nightmare On Wall Street.

August 2, 2019August 3, 2019

The algos do not appreciate that kind of thing, Mr. President.

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oil2 Comments on A Nightmare On Wall Street.

The ‘LameStream Media’ Told The Truth About John Ratcliffe’s Lies, So Now He Can’t Be In Charge Of National Intelligence

August 2, 2019August 2, 2019

“I explained to John how miserable it would be for him and his family to deal with these people”.

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1 Comment on The ‘LameStream Media’ Told The Truth About John Ratcliffe’s Lies, So Now He Can’t Be In Charge Of National Intelligence

Nomura’s McElligott: ‘That Was One Of The Most Manic 36 Hours Of Trading I’ve Ever Witnessed’

August 2, 2019August 2, 2019

There’s no room for the mincing of words.

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8 Comments on Nomura’s McElligott: ‘That Was One Of The Most Manic 36 Hours Of Trading I’ve Ever Witnessed’

Jobs Report In Line For July, Wage Growth Heats Up

August 2, 2019August 2, 2019

Interpretation was rendered difficult by the Fed’s muddled message and the president’s latest tariff threat.

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3 Comments on Jobs Report In Line For July, Wage Growth Heats Up

Plunging Stocks, Surging Yen And South Korea Fight Make For Tough Day In Japan

August 2, 2019

What’s not to “like”?

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China Says Won’t Be ‘Blackmailed’ By US As Mainland Shares Post Worst Week Since Last Tariff Escalation

August 2, 2019August 2, 2019

“We won’t accept any maximum pressure, threat, or blackmailing”.

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Leave a Comment on China Says Won’t Be ‘Blackmailed’ By US As Mainland Shares Post Worst Week Since Last Tariff Escalation

Entire German Curve Goes Negative As Bond Yields Plunge On New Tariff Threat

August 2, 2019August 2, 2019

Bonds hardly needed another excuse to rally. 

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At Cincinnati Rally, Trump Compares Baltimore To Afghanistan, Appears To Smear The Homeless

August 1, 2019

“This guy says ‘Afghanistan'”.

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1 Comment on At Cincinnati Rally, Trump Compares Baltimore To Afghanistan, Appears To Smear The Homeless

‘It’s A Very Dangerous Situation’: Rick Santelli And Judy Shelton Are Worried Sick About Our Crazy World

August 1, 2019August 1, 2019

“The effect is like tasing an inert body”.

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4 Comments on ‘It’s A Very Dangerous Situation’: Rick Santelli And Judy Shelton Are Worried Sick About Our Crazy World

Macro Tourist: This Is The Best Long Vol. Position Out There Right Now

August 1, 2019August 1, 2019

“When he figures it out, there’s only one trade you want on the sheets”.

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1 Comment on Macro Tourist: This Is The Best Long Vol. Position Out There Right Now

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Monthly Letters

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To Be Happy

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Hell Or High Fashion

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