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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

Jobs Report Obliterates Estimates, Wage Growth Is Comin’ In Hot, Unemployment Rate Rises

January 4, 2019October 24, 2021

That’s a blockbuster.

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2 Comments on Jobs Report Obliterates Estimates, Wage Growth Is Comin’ In Hot, Unemployment Rate Rises

China Delivers RRR Cut Amid Rapidly Deteriorating Sentiment

January 4, 2019January 4, 2019

Welcome news, but no game changer.

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Recurring Nightmare.

January 3, 2019October 24, 2021

It was not a great session on Wall Street. 

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2 Comments on Recurring Nightmare.

Marko Kolanovic: ‘Over The Past Month, Confidence Virtually Collapsed’

January 3, 2019January 8, 2022

“Instead, already fragile sentiment was undermined”…

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10 Comments on Marko Kolanovic: ‘Over The Past Month, Confidence Virtually Collapsed’

2018 Summed Up In One Simple Chart…

January 3, 2019

Occam’s razor – again.

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2 Comments on 2018 Summed Up In One Simple Chart…

You Don’t Need A ‘Large Brain’ To Know Trump Is Screwing ‘A Heck Of A Lot’ Of U.S. Companies – Just Ask Kevin Hassett

January 3, 2019

“Glitches” and such.

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1 Comment on You Don’t Need A ‘Large Brain’ To Know Trump Is Screwing ‘A Heck Of A Lot’ Of U.S. Companies – Just Ask Kevin Hassett

You Know What They Say: ‘When It Rains Apple Guidance Cuts, It Pours Egregious ISM Prints’

January 3, 2019

“Juuust a bit outside.”

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2 Comments on You Know What They Say: ‘When It Rains Apple Guidance Cuts, It Pours Egregious ISM Prints’

This Flash Crash Matters – Here’s Why

January 3, 2019January 3, 2019

An indelible mark.

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2 Comments on This Flash Crash Matters – Here’s Why

Apple Price Targets Slashed En Masse, Suppliers Plunge As Guidance Cut Bites

January 3, 2019January 3, 2019

Fallout.

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1 Comment on Apple Price Targets Slashed En Masse, Suppliers Plunge As Guidance Cut Bites

Another ‘OMG’ Moment: Yen Surges In Incredible Bout Of FX Madness

January 2, 2019October 24, 2021

Add this to your list of dramatic “fragility” events, folks.

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2 Comments on Another ‘OMG’ Moment: Yen Surges In Incredible Bout Of FX Madness

Bad Apple.

January 2, 2019January 2, 2019

Uh oh.

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2 Comments on Bad Apple.

‘Let The Damn Oil Flow’, ‘Sand And Death’ And Other Highlights From Trump’s Insane Wednesday Cabinet Meeting

January 2, 2019January 3, 2019

The President is being treated like a circus attraction.

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5 Comments on ‘Let The Damn Oil Flow’, ‘Sand And Death’ And Other Highlights From Trump’s Insane Wednesday Cabinet Meeting

Earthquake Insurance And The New Era Of Maturity And Liquidity Transformation

January 2, 2019January 2, 2019

Old habits die hard.

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‘What Gives Us A Pause Here’ Are The ‘Facts’: Why The Cycle May Be Turning

January 2, 2019October 24, 2021

Who needs “facts”?

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4 Comments on ‘What Gives Us A Pause Here’ Are The ‘Facts’: Why The Cycle May Be Turning

Border Agents Wish Migrants Happy New Year By Gassing Them, US Blames ‘Rock Throwers’

January 2, 2019October 24, 2021

They did it “for the safety of the migrants.”

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Ongoing Yen Surge Bodes Ill For Risk Sentiment In New Year

January 2, 2019

Not to spread fear or anything, but…

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Hong Kong Shares In Wednesday Bloodbath Marks Stark Contrast To Euphoric 2018 Start

January 2, 2019January 2, 2019

I’m old enough to remember January 2018, when…

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‘Planet Earth To Policymakers’: One Bank Sends An Urgent Message

January 1, 2019

“We don’t think policymakers are in tune with these potential declines.”

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3 Comments on ‘Planet Earth To Policymakers’: One Bank Sends An Urgent Message

Trump Screams At ‘Haters’, Calls General McChrystal A ‘Dumb Dog’ In Wild New Year’s Day Rant

January 1, 2019October 24, 2021

Happy New Year!

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6 Comments on Trump Screams At ‘Haters’, Calls General McChrystal A ‘Dumb Dog’ In Wild New Year’s Day Rant

Requiem For 2018: A Visual Retrospective

January 1, 2019October 24, 2021

At least we know what 2019’s consensus longs are.

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oil6 Comments on Requiem For 2018: A Visual Retrospective

Trump, ‘National Hero’, Rings In New Year By Acting Like A Crazy Tweaker

December 31, 2018January 1, 2019

Trump long ago crossed the threshold beyond which satire is rendered null and void.

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7 Comments on Trump, ‘National Hero’, Rings In New Year By Acting Like A Crazy Tweaker

Deflationary Bust?

December 31, 2018

Insult is added to injury…

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4 Comments on Deflationary Bust?

Elizabeth Warren Kicks Of 2020 Presidential Bid By Accidentally Echoing Trump’s ‘American Carnage’ Spiel

December 31, 2018December 31, 2018

Elizabeth Warren’s first step towards 2020 run is also first misstep.

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13 Comments on Elizabeth Warren Kicks Of 2020 Presidential Bid By Accidentally Echoing Trump’s ‘American Carnage’ Spiel

Trump Makes ‘Big Progress’, China Slowdown Worsens, Markets Beg For New Year’s Eve Mercy Killing

December 31, 2018December 31, 2018

Just get it over with.

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8 Comments on Trump Makes ‘Big Progress’, China Slowdown Worsens, Markets Beg For New Year’s Eve Mercy Killing

Fear And The Market’s Perverse Fascination With Calamity

December 30, 2018April 11, 2022

Fear is self-reinforcing.

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5 Comments on Fear And The Market’s Perverse Fascination With Calamity

On John Kelly’s Disturbing Exit Interview With The LA Times

December 30, 2018October 23, 2021

“Why can’t we do it this way?”

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8 Comments on On John Kelly’s Disturbing Exit Interview With The LA Times

Weekend Notables: Trump Calls Xi, Goldman Slashes U.S. Growth Forecast, Fed Call

December 29, 2018December 30, 2018

Something’s got to give in 2019.

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2 Comments on Weekend Notables: Trump Calls Xi, Goldman Slashes U.S. Growth Forecast, Fed Call

Posts pagination

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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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