‘Geopolitical Risks Won’t Go Away’: North Korea’s Latest Missile Launch Tests Market’s Resilience

We would respectfully disagree with that assessment. Just because you didn’t aim your missiles at something new doesn’t mean firing missiles isn’t an “escalation.” That’s like saying that if I rob my neighbor once and he warns me not to do it again, it’s not an “escalation” if I rob him a second time as long as I break in through the same door.

Read More

One Bank’s ‘Famous 5’ Bear Market Indicators Are Flashing Yellow

But let’s say, for argument’s sake, that you’re interested in predicting this ahead of time rather than simply waiting to confirm once stocks are down 6%. Because you know, if you’re leveraged or sitting on a bunch of retail WMDs like short VIX products, you won’t be solvent by the time you know for sure that things have actually turned and that the dip wasn’t bought by anyone but you.

Read More

‘Life Is Too Short To Rebut All The Idiocy’, But About Sanders And Comey…

“This is what it looks like when the White House itself plays in these waters. It’s the stuff of petty strong-man dictatorships for the President to pronounce an individual guilty of a crime without having to proffer any evidence, offer a legal theory, or convince a jury.”

Read More

S&P Futures Under Pressure As North Korea Has ICBM All Gassed Up And Ready

Ok, well just hours after North Korea threatened to “sink” Japan with “the nuclear bomb of Juche,” reports suggest Pyongyang is readying another missile launch.

Citing an unnamed Japanese official, Nikkei news says a missile is being prepared for launch and has the engine for liquid fuel, suggesting it’s an ICBM.

Read More