Into The Wild Blue Yonder.
Ok, well there were some notable headlines to start the week…
Get Up On Brian’s Level: Wall Street Has A New Biggest Bull
So get up on Brian’s level or get left in the dust.
As Mueller Demands Documents From Justice Department We Ask: Still Think This Is ‘Winding Down?’
Ok, so on Sunday evening we learned that Robert Mueller wants to know what the DoJ knows about the firing of James Comey.
Why One Bank Says U.S. Investors Are ‘Boiling Frogs’
“The parable of the boiling frog refers to how a frog in a pot can get slowly boiled alive without even realizing it”…
Bitcoin Surges Above $8,000 As Stupidity Goes Parabolic
To be sure, it’s impossible to know when something like this will finally succumb to reality, but these kinds of things are vulnerable to crises of confidence and in the absence of any kind of fundamental thesis to fall back on, it won’t be immediately clear where the “bottom” is when Wile E. Coyote finally looks down.
Thanks A Lot: Full Week Ahead Preview
Holiday road.
The Incredible Shrinking Playground
“This mechanism of market functioning is a manifestation of systemic causation.”
Trump: ‘I Should Have Left UCLA Players In A Chinese Jail’
“Sins of the father.”
‘So They’ll Bleed’: Here Are The Winners And Losers From Trump’s ‘Middle Class’ Tax Cut
And you know what? It won’t matter.
Mnuchin On Whether He And Louise Linton Are James Bond Villains: ‘It’s A Compliment’
If you’re like everyone else in America, you’ve got some questions for Treasury Secretary Steve Mnuchin.
Paul Krugman On The GOP’s Final Middle Finger To The Middle Class
“Freedom’s just another word for nothing left to lose; in the GOP’s case, that means the freedom to be the party of, by, and for oligarchs they always wanted to be.”
‘We’re Not Stupid’: Top General Says He Would Not Let Trump Launch Illegal Nuke Strike
“We’re not stupid people. We think about these things a lot.”
‘Anything Without A Cusip’
Does that ring a bell? It should.
Panic Time! Turkey Launches Investigation Into Preet Bharara As Zarrab Debacle Spirals Out Of Control
This is what panic looks like.
‘Stick ‘Em Up!’ $100 Billion To Be Recovered In Saudi Crackdown, Probe Widens To Military Officers
“Stick ’em up you rascals!”Â
Sour Note.
Well, an eventful week ended on a sour note, which is a shame for the bulls because Thursday was a barnburner.Â
You Can’t Make This Up
You can’t make this shit up!
‘Rational Exuberance’ – Which Is An Oxymoron
“It has become progressively difficult to say something new.”
A ‘Golden’ Opportunity: Mueller, Flynn, Trump And The Case Of Reza Zarrab
This opens all kinds of doors.
Exodus: U.S. Funds See 3rd Largest Junk Outflow On Record
Just how nervous did folks get during the junk bond rout that finally took a breather when spreads tightened materially on Thursday?
We’re All Doomed: Bitcoin Boy Band Edition
“I know a lot about Bitcoin.”
Mueller Issued Subpoena To Trump Campaign
“…and as a reminder that failure to provide documents as demanded would count as obstructing a grand-jury investigation.”
Jared Kushner Failed To Disclose WikiLeaks Contact, Russian ‘Backdoor Overture’, Dinner Invite
Such documents should have been produced in response to the third request but were not. Likewise, other parties have produced documents concerning а “Russian backdoor overture and dinner invite” which Mr. Kushner also forwarded.
Death & Taxes.
“That’s one small step for rich people and corporate ‘citizens’ and one giant leap for Republicans who can’t get shit done”…
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