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Featured

US Jobless Claims Chase History

November 5, 2026November 5, 2026
  • ‘Tis The Season! For Temporary Fulfillment Jobs

    November 5, 2026
  • Senseless Iran War Triggers BoE Hike, 5% Inflation Warning

    November 5, 2026
  • Deus Ex Machina?

    November 4, 2026November 4, 2026

Markets

The Capex Catch-22

November 3, 2026November 4, 2026
  • Tech Got No Love This Earnings Season

    November 3, 2026November 4, 2026
  • 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

economy

Irrepressible

November 4, 2026November 5, 2026
  • In Other News: Scorching ‘Job Changer’ Pay Gains, AI Disruption

    November 4, 2026November 5, 2026
  • Someone’s Got Work For You

    November 3, 2026November 4, 2026
  • Debbie Downers Amid The Renaissance

    November 2, 2026November 3, 2026
  • Polls, Projectiles And Payrolls

    November 1, 2026November 2, 2026

Geopolitics

Tsunami

November 4, 2026November 5, 2026

Let’s Talk Blue Waves

November 1, 2026November 2, 2026

Lagarde Versus Le Pen?

October 29, 2026October 30, 2026

Duly Noted

An ARM And A Leg

October 28, 2026October 30, 2026

Not Since 1969…

October 22, 2026October 24, 2026

Nomura’s McElligott: ‘Messy’ Dollar Funding Markets May Argue For Fed ‘Power Cut’ – But There’s A Catch

July 30, 2019July 30, 2019

What’s the real rationale behind a potential “shock” cut?

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2 Comments on Nomura’s McElligott: ‘Messy’ Dollar Funding Markets May Argue For Fed ‘Power Cut’ – But There’s A Catch

Trump Furious With China For Not ‘Following Through’ On Farm Promise They Never Made

July 30, 2019July 30, 2019

“They should probably wait out our Election to see if we get one of the Democrat stiffs like Sleepy Joe”.

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3 Comments on Trump Furious With China For Not ‘Following Through’ On Farm Promise They Never Made

Goldman Lifts S&P Price Target, Sees 3,400 In 2020, Slashes EPS Outlook

July 30, 2019July 30, 2019

There’s good news and there’s bad news.

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2 Comments on Goldman Lifts S&P Price Target, Sees 3,400 In 2020, Slashes EPS Outlook

Out Of Rabbits, A Paralyzed Bank Of Japan Sits Idly By

July 30, 2019July 30, 2019

The BoJ did what they could do on Tuesday – which was nothing.

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Read Elizabeth Warren’s New ‘Our Terms’ Trade Policy

July 29, 2019

“As President, I won’t hand America’s leverage to big corporations to use for their own narrow purposes”.

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2 Comments on Read Elizabeth Warren’s New ‘Our Terms’ Trade Policy

No, Donald Trump’s Baltimore Attacks Are Not Comparable To Bernie Sanders’s ‘Third World’ Comments

July 29, 2019July 29, 2019

“I am in a very beautiful oval shaped office”.

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4 Comments on No, Donald Trump’s Baltimore Attacks Are Not Comparable To Bernie Sanders’s ‘Third World’ Comments

3 US-China Trade Scenarios As Talks Restart Amid ‘Somber Outlook’

July 29, 2019

Curb your enthusiasm.

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1 Comment on 3 US-China Trade Scenarios As Talks Restart Amid ‘Somber Outlook’

They’ll ‘Probably Do Very Little’: A Disgusted Trump Delivers His July FOMC Preview

July 29, 2019July 29, 2019

“Too bad!”

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2 Comments on They’ll ‘Probably Do Very Little’: A Disgusted Trump Delivers His July FOMC Preview

‘Hates Whites!’ Trump Takes On Al Sharpton, ‘King Elijah’ In Third Day Of Wild Racist Meltdown

July 29, 2019November 14, 2021

“Just doing his thing”.

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2 Comments on ‘Hates Whites!’ Trump Takes On Al Sharpton, ‘King Elijah’ In Third Day Of Wild Racist Meltdown

Watch Janet Yellen Explain Why She Would Cut Rates, And What Her Interview With Trump Was Like

July 29, 2019July 29, 2019

“I guess, I expressed some skepticism”…

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‘So That’s My Plan’: Here Is Kamala Harris’s Medicare For All Plan

July 29, 2019July 29, 2019

“And what will the result be? Health insurance for every American.”

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19 Comments on ‘So That’s My Plan’: Here Is Kamala Harris’s Medicare For All Plan

Dances With Doves: Full Week Ahead Preview

July 28, 2019July 29, 2019

Trial by fire.

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What To Expect From The Fed At The July Meeting And Press Conference

July 28, 2019July 28, 2019

The wait is almost over.

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3 Comments on What To Expect From The Fed At The July Meeting And Press Conference

‘Serial Bankrupter, Useful Idiot, Mocker Of War Heroes’: Baltimore Hits Back As Trump Triples Down On Cummings Attacks

July 28, 2019July 28, 2019

“Better to have some vermin living in your neighborhood than to be one”.

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2 Comments on ‘Serial Bankrupter, Useful Idiot, Mocker Of War Heroes’: Baltimore Hits Back As Trump Triples Down On Cummings Attacks

‘Living In A Very Strange World’

July 27, 2019November 14, 2021

“Negative credit could soon be the norm”.

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4 Comments on ‘Living In A Very Strange World’

Trump Parrots Fox News Segment In Racially-Charged Elijah Cummings Screed

July 27, 2019July 28, 2019

“His district is a disgusting, rat and rodent infested mess”.

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12 Comments on Trump Parrots Fox News Segment In Racially-Charged Elijah Cummings Screed

Corporate Cash Balances Are Hemorrhaging The Most In 40 Years

July 27, 2019July 27, 2019

There’s good news and there’s bad news. 

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Trump Caps Whirlwind Week With Cartoonish Oval Office Scrum, Supreme Court Wall Win

July 26, 2019July 27, 2019

The sheer amount of ground Trump covered on Friday is astonishing.

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In Marathon Twitter Harangue, Trump Goes After China, Apple, WTO, French Wine And Even Fox News

July 26, 2019October 25, 2021

“Proud Warriors!”, “CHEATERS” and other shenanigans.

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1 Comment on In Marathon Twitter Harangue, Trump Goes After China, Apple, WTO, French Wine And Even Fox News

Nomura’s McElligott: ‘Goldilocks’ ECB Sets Up ‘Smooth Fed Meeting’ That ‘Keeps The Dream Alive’

July 26, 2019

“Any sort of ECB ultra-dovish ‘shock’ yesterday would have put considerable pressure on the Fed”.

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2 Comments on Nomura’s McElligott: ‘Goldilocks’ ECB Sets Up ‘Smooth Fed Meeting’ That ‘Keeps The Dream Alive’

CNBC’s Sara Eisen Asks Larry Kudlow If The Real ‘Miracle’ Is That Trump Hasn’t Crashed The Economy

July 26, 2019

“You call it reform, but we saw it show up”.

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1 Comment on CNBC’s Sara Eisen Asks Larry Kudlow If The Real ‘Miracle’ Is That Trump Hasn’t Crashed The Economy

MAGA Economy Gets Mixed Review In GDP Report, While Trump’s 3% ‘Miracle’ Is Wiped Off The Board

July 26, 2019July 26, 2019

And the punchline…

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The VIX Is Very Low To Be This Close To A Historic Fed Meeting

July 26, 2019

Cheap options for “plain English”.

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3 Comments on The VIX Is Very Low To Be This Close To A Historic Fed Meeting

The Most Dramatic Pivot Since The Crisis

July 26, 2019July 26, 2019

“…counting the impacts of the QE-unwind since 2014, the degree of tightening has been severe”.

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Will It Be Enough?

July 25, 2019July 26, 2019

We need to reflate with more “vigor”.

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7 Comments on Will It Be Enough?

Ilhan Omar: America Cannot Fall To Right-Wing Nationalism

July 25, 2019July 25, 2019

“Today, democracy is under attack once again. It’s time to respond with the kind of conviction that has made America great before”.

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19 Comments on Ilhan Omar: America Cannot Fall To Right-Wing Nationalism

David Vs. Goliath: Einhorn Takes On The US Corporate Debt Bubble

July 25, 2019November 14, 2021

“Good luck, we’re all counting on you”.

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4 Comments on David Vs. Goliath: Einhorn Takes On The US Corporate Debt Bubble

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Monthly Letter

  • The Arbitrageur

Recent Comments

  • SeaTurtle on Deus Ex Machina?
  • Bill_G on Tsunami
  • Ricus Reeders on Tsunami
  • Frederic MARI on Irrepressible

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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