Mnuchin Weaponizes The Stock Market: Pass Trump’s Tax Plan Or The Market Crashes
“But there’s no question in my mind that if we don’t get it done you’re going to see a reversal of a significant amount of these gains.”
Frowny Emoji: Bitcoin Falls Most In A Month On CFTC ICO Jitters
Well, Bitcoin is now down something like 9% from highs hit just a few days ago, underscoring just how volatile things are in the land of make-believe space tokens.
‘He Knew What He Signed Up For’: Trump Allegedly Insults Widow Of Slain African American Solider
It looks like Trump is going to end up in a “he said/she said” with, at “best”, Florida Rep. Frederica Wilson, and at worst, with a dead soldier’s widow.
Trump Wakes Up, Blasts Comey, Asks Where Sessions Is, Says NFL Hates America, Swears He Didn’t Insult A Dead Soldier’s Widow
Donald Trump was up before dawn on Wednesday and he was playing the hits loud and proud.
‘It’s Too Quiet’: Markets Calm After Xi Lays Out China’s Friendly World Domination Plans
“…as for this morning’ ‘it’s quiet, too quiet’ is the only quote that comes to mind.”
Key Calls (Wednesday): Upgrades, Downgrades & Initiations
You need an upgrade.
‘Downtown Josh Brown’ As A Brand
But here’s the key: While Josh Brown can make mistakes, “Downtown Josh Brown” cannot. Or at least the margin for error is much thinner.
Trump: ‘Only Place Worse’ Than ‘Dying Magazines’ Is NBC. And CBS. And ABC. And CNN.
The best part, though…
‘It Has Been Too Long’: Junk Heaven
“It has been too long. Way too long by the standards of its predecessors, and yet this credit cycle still shows few signs of an impending turn.”
Shrieking Puppets.
We have to win more.
Lamar Alexander And Patty Murray Decided To Rescue Country From Health Care Nightmare
But whatever the case, his “shock and awe” subsidies decision ultimately led Sen. Lamar Alexander and Sen. Patty Murray to reach a short-term deal to keep the entire healthcare system from falling apart.
Trader: I Never Saw The ‘Just Get Me In’ Panic Again. Until Now…
“Owning an asset regardless of price is what created the dotcom bubble. It didn’t work then, and it won’t work now.”
Trump Digs Up John Kelly’s Dead Son In Defense Of Outrageous Obama Claim
If this isn’t enough to make Kelly question whether he needs to resign, then we don’t know what is.
McCain Responds To Trump’s ‘Fight’ Threat: ‘I’ve Faced Far Greater Challenges Than That’
That may well be the understatement of the year.
Marc Faber Is ‘Not A Racist’ – But Thank God ‘The Blacks’ Don’t Run America
“But let us not digress”…
Klay Thompson Goes Long Nasdaq
“… and guess what the most crowded trade is?”
This Index Just Hit Its Highest Level On Record
“I flipped on my computer and I was hit with a barrage of price alerts telling me some security was setting a record.”
Krugman Is Mad: ‘This Is The Most Dishonest Political Selling Job In History’
“But how can an administration that pretends to be populist, to stand up for ordinary (white) working people, sell such elitist policies?”
Goldman Asks: ‘Is Bitcoin The New Gold?’
“An understanding of the physical nature of Bitcoin allows us to revisit our previous analysis of the physical characteristics of precious metals, comparing and contrasting them with cryptocurrencies.”
Some Guy Named Adam Ludwin Wrote A Letter To Jamie Dimon…
“Dear Jamie. Last week you said a few things about Bitcoin” …
These Are The ‘Critical Geopolitical Threats To The Equity Bull Market’
Yes, “a central feature” of the prevailing order (or maybe “disorder” is better) is chaotic uncertainty – and a “central feature” of markets is suppressed vol.
Tailoring Taylor.
“The lesson is clear however”…
Key Calls (Tuesday): Upgrades, Downgrades & Initiations
You need an upgrade.
Trump Under Fire After Saying Former Presidents Didn’t Call Families Of Dead Soldiers
“…the traditional way — if you look at President Obama and other Presidents, most of them didn’t make calls, a lot of them didn’t make calls.”
Where To Be Long As Low Vol. Persists, According To Goldman
Were you wondering where you need to be long as the low vol. regime drags into its 482nd year? I’ll answer that for you: no, you weren’t. Wondering that is. Because…
This Is The Playground For Markets: Everything That Can Happen, Has To Happen Here
“For anything to happen, 5Y5Y sector has to move higher. This is the catalyst for everything.”
The Situation Remains Fluid.
If you were looking for clarity on anything, today was most assuredly not your day.
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