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Featured

Weekly: Melodrama

November 7, 2026November 7, 2026
  • ‘Dem Fatale’ Crashes The AI Party

    November 6, 2026November 6, 2026
  • Inflation Fatalism Has Set In

    November 6, 2026
  • Drunken Monkey Darts

    November 6, 2026November 6, 2026

Markets

On Wall Street: Crash And F’in’ Burn

November 5, 2026November 7, 2026
  • Did Democrats Just Kill ‘New 60/40’?

    November 5, 2026November 6, 2026
  • Um, Excuse Me, But Your Chips Are Bleeding

    November 5, 2026November 6, 2026
  • Deus Ex Machina?

    November 4, 2026November 5, 2026
  • The Capex Catch-22

    November 3, 2026November 4, 2026

economy

‘Tis The Season! For Temporary Fulfillment Jobs

November 5, 2026November 6, 2026
  • Senseless Iran War Triggers BoE Hike, 5% Inflation Warning

    November 5, 2026November 5, 2026
  • 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

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

US Jobless Claims Chase History

November 5, 2026November 7, 2026

An ARM And A Leg

October 28, 2026October 30, 2026

Trump Tells India, Turkey He’s Fed Up With Helping ‘World’s Poorest Countries Climb Out Of Poverty’

March 5, 2019September 21, 2019

“Stable genius” strikes again.

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6 Comments on Trump Tells India, Turkey He’s Fed Up With Helping ‘World’s Poorest Countries Climb Out Of Poverty’

Does Michael Cohen Know Anything About A Pardon Discussion With Trump’s Lawyers?

March 5, 2019October 30, 2021

Giuliani “left open the possibility.”

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Leave a Comment on Does Michael Cohen Know Anything About A Pardon Discussion With Trump’s Lawyers?

As China Delivers Official 2019 Growth Target, Here’s Some Context And Color

March 4, 2019March 4, 2019

Drum roll…

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4 Comments on As China Delivers Official 2019 Growth Target, Here’s Some Context And Color

Of Course Nomura’s Charlie McElligott Knows What’s Wrong With Stocks On Monday…

March 4, 2019

“… said every equities PM ever.”

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3 Comments on Of Course Nomura’s Charlie McElligott Knows What’s Wrong With Stocks On Monday…

Obstruction, Public Corruption, Abuses Of Power: House Judiciary Committee Begins Long Journey To Impeachment

March 4, 2019March 5, 2019

“Investigating these threats to the rule of law is an obligation of Congress.”

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12 Comments on Obstruction, Public Corruption, Abuses Of Power: House Judiciary Committee Begins Long Journey To Impeachment

‘I Would Lose My Soul If I Treated Trump Different Than Obama’: Senate To Disapprove Trump Border Emergency

March 4, 2019March 4, 2019

Well, it’s official – or pseudo-official at least.

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4 Comments on ‘I Would Lose My Soul If I Treated Trump Different Than Obama’: Senate To Disapprove Trump Border Emergency

Huawei, Meng Wish You People Didn’t Suck, But Since You Do, Consider Yourself Sued

March 4, 2019March 4, 2019

Kidnapping, rights violations, bills of attainder, etc.

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4 Comments on Huawei, Meng Wish You People Didn’t Suck, But Since You Do, Consider Yourself Sued

Deal Or No Deal?

March 4, 2019March 4, 2019

Win, lose or draw?

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2 Comments on Deal Or No Deal?

Drowning In ‘Bullsh*t’: As Democrats Zero In On Allen Weisselberg, Trump’s Legal Worries Multiply

March 3, 2019March 4, 2019

“I am an innocent man being persecuted by some very bad people.”

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12 Comments on Drowning In ‘Bullsh*t’: As Democrats Zero In On Allen Weisselberg, Trump’s Legal Worries Multiply

Rand Paul Breaks Trump’s Heart: Senate Set To Join House In Blocking Emergency Declaration

March 3, 2019October 30, 2021

Here comes the veto.

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3 Comments on Rand Paul Breaks Trump’s Heart: Senate Set To Join House In Blocking Emergency Declaration

Dollars, Doves And Dictators: Full Week Ahead Preview

March 3, 2019March 3, 2019

What could go wrong?

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2 Comments on Dollars, Doves And Dictators: Full Week Ahead Preview

Fed Balance Sheet Runoff: A ‘Roadmap’ To The End Of The Road

March 3, 2019March 3, 2019

Here’s how this will work – maybe.

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6 Comments on Fed Balance Sheet Runoff: A ‘Roadmap’ To The End Of The Road

‘They’re Tryin’ To Take Me Out With Bullsh*t’: Trump Delivers Two-Hour, Sweaty Harangue At CPAC

March 2, 2019March 3, 2019

“There are people in Congress who hate America.”

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5 Comments on ‘They’re Tryin’ To Take Me Out With Bullsh*t’: Trump Delivers Two-Hour, Sweaty Harangue At CPAC

‘Political Things?’ S&P Rises 100% Of The Time In Presidential ‘Third Years’

March 2, 2019March 2, 2019

“I know that’s not supposed to be the way it is”…

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6 Comments on ‘Political Things?’ S&P Rises 1006 Of The Time In Presidential ‘Third Years’

‘Chosen By God’: Kirk, Owens, My Pillow Guy Make For Surreal CPAC Circus

March 2, 2019March 2, 2019

“I see the greatest president in history. Of course he is, he was chosen by God.”

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20 Comments on ‘Chosen By God’: Kirk, Owens, My Pillow Guy Make For Surreal CPAC Circus

After ‘Goldilocks’ Rally, One Bank Ponders What’s Next

March 1, 2019

“Cross-asset performance YTD has had a distinct ‘Goldilocks’ flavor, with equities and bonds rallying together.”

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2 Comments on After ‘Goldilocks’ Rally, One Bank Ponders What’s Next

Give Us Back Our Meng!

March 1, 2019March 2, 2019

…if this isn’t resolved, it has the potential to create a permanent rift between Washington and Beijing at a critical juncture for the world.

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6 Comments on Give Us Back Our Meng!

Data Doldrums And The Futility Of Financial ‘Journalism’

March 1, 2019

On rare occasions, I’ll extricate myself from my desk chair…

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7 Comments on Data Doldrums And The Futility Of Financial ‘Journalism’

‘Boom!’ Nomura’s McElligott Talks Possible Breakdown In ‘Bond Love Affair’ Ahead Of ‘Ides of March’ Risk For Stocks

March 1, 2019March 1, 2019

“… it sets up a dangerous dynamic where ‘late-comers’ are forced-in.””

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6 Comments on ‘Boom!’ Nomura’s McElligott Talks Possible Breakdown In ‘Bond Love Affair’ Ahead Of ‘Ides of March’ Risk For Stocks

Meanwhile, Over At The A Share Casino…

March 1, 2019March 1, 2019

The bull market marches on following MSCI decision.

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1 Comment on Meanwhile, Over At The A Share Casino…

Turns Out Trump ‘Ordered’ John Kelly To Give Kushner Top-Secret Clearance, Ignoring The CIA

February 28, 2019October 26, 2021

And the hits just keep on comin’.

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4 Comments on Turns Out Trump ‘Ordered’ John Kelly To Give Kushner Top-Secret Clearance, Ignoring The CIA

Trump Officials Prepping ‘Final Trade Deal’ Amid WTO Win, Huawei Drama, Xi Summit Plans

February 28, 2019

Are we there yet? Maybe!

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3 Comments on Trump Officials Prepping ‘Final Trade Deal’ Amid WTO Win, Huawei Drama, Xi Summit Plans

Suddenly, China Has The Best Performing Stock Market On The Planet – What’s Next?

February 28, 2019

Spoiler alert: who knows!

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2 Comments on Suddenly, China Has The Best Performing Stock Market On The Planet – What’s Next?

And Now North Korea Will Dispute Trump’s Account Of Collapsed Nuke Talks

February 28, 2019February 28, 2019

Kim may have “lost the will and motivation.”

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12 Comments on And Now North Korea Will Dispute Trump’s Account Of Collapsed Nuke Talks

It’s ‘Eerie’: One Bank Asks Whether Europe Is Now Japan

February 28, 2019February 28, 2019

Is the die cast?

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3 Comments on It’s ‘Eerie’: One Bank Asks Whether Europe Is Now Japan

Trump ‘Moved On Kim, Actually’ – But He ‘Couldn’t Get There’

February 28, 2019February 28, 2019

Well, the “art of the deal” came up short in Hanoi.

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5 Comments on Trump ‘Moved On Kim, Actually’ – But He ‘Couldn’t Get There’

Trump Is The First MMT President, One Trader Says

February 27, 2019February 27, 2019

“Too many pundits look at provocative headlines and chalk up MMT as socialism-disguised-as-economic-theory that needs to be quickly squashed.”

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4 Comments on Trump Is The First MMT President, One Trader Says

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Monthly Letter

  • The Arbitrageur

Recent Comments

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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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