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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

Chinese Shares Will Now Fall Some More If It Pleases The Court

October 15, 2018October 19, 2021

Further off the rails…

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Chinese Stocks Could Fall 10% In ‘Bear’ Case, 30% In ‘Crisis’ Scenario

October 14, 2018October 19, 2021

What’s priced in and how bad could it conceivably get?

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Trump’s 60 Minutes Interview With Lesley Stahl: Here Are The Video Highlights

October 14, 2018October 15, 2018

The President has only one regret…

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4 Comments on Trump’s 60 Minutes Interview With Lesley Stahl: Here Are The Video Highlights

Is It Over? Full Week Ahead Preview

October 14, 2018October 19, 2021

Around the world in 1,300 words.

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‘Rolling Minsky Moments’ And ‘Pseudo-Stability’: Revisiting The Avalanche

October 14, 2018November 19, 2020

On Thursday morning, following the systematic unwind that precipitated the worst day for U.S. stocks

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Saudi Stocks Plunge, Kingdom Promises ‘Strong’ Retaliation To Any U.S. Action

October 14, 2018October 19, 2021

“The kingdom emphasizes that it will respond to any measure against it with an even stronger measure.”

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3 Comments on Saudi Stocks Plunge, Kingdom Promises ‘Strong’ Retaliation To Any U.S. Action

‘Theme Overload’.

October 13, 2018October 19, 2021

How much can you process?

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3 Comments on ‘Theme Overload’.

‘I’ve Got Plenty Of Buyers’: Steve Mnuchin Says People Are Lining Up To Invest In Trump’s Banana Republic

October 13, 2018

You are “free to do what you want”, but Steve knows you really – really – want some Treasurys.

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5 Comments on ‘I’ve Got Plenty Of Buyers’: Steve Mnuchin Says People Are Lining Up To Invest In Trump’s Banana Republic

Trump Is Now ‘Renting’ Cellphone Numbers, Emails Of 20 Million Supporters

October 13, 2018

“It’s a win-win.”

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2 Comments on Trump Is Now ‘Renting’ Cellphone Numbers, Emails Of 20 Million Supporters

‘I Don’t Want To Lose That Order’: Trump Says ‘Punishment’ For Khashoggi Murder Won’t Involve Canceling Saudi Arms Deal

October 13, 2018October 19, 2021

“They are ordering military equipment”.

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3 Comments on ‘I Don’t Want To Lose That Order’: Trump Says ‘Punishment’ For Khashoggi Murder Won’t Involve Canceling Saudi Arms Deal

Reality Versus Market Agitprop: Did Everyone Really Turn Bearish On Wednesday?

October 12, 2018October 19, 2021

There seems to be some misinformation circulating on Friday afternoon.

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1 Comment on Reality Versus Market Agitprop: Did Everyone Really Turn Bearish On Wednesday?

Kolanovic Weighs In After Selloff: 70% Of Systematic Selling Is Behind Us

October 12, 2018January 23, 2022

“This risk is now balanced, and can turn into a positive impact”.

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1 Comment on Kolanovic Weighs In After Selloff: 70% Of Systematic Selling Is Behind Us

Free At Last, Free At Last, Thank God Almighty, Andrew Brunson Is Free At Last…

October 12, 2018October 25, 2021

See? Erdogan isn’t such a bad guy after all…

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Goldman: ‘Naively, Wednesday’s S&P Selloff Was The 5th-Largest Tail Event In History’

October 12, 2018

More fragility events.

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3 Comments on Goldman: ‘Naively, Wednesday’s S&P Selloff Was The 5th-Largest Tail Event In History’

‘We’re (Still) Not Winning!’ China Logs Another Record Surplus With The US Ahead Of Tariff Bite

October 12, 2018October 12, 2018

It may not be sustainable, but it sure is funny.

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2 Comments on ‘We’re (Still) Not Winning!’ China Logs Another Record Surplus With The US Ahead Of Tariff Bite

As Long As You Don’t Care About That FICC Miss, JPMorgan Results Look Ok

October 12, 2018October 12, 2018

This is probably good enough. Fingers crossed.

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1 Comment on As Long As You Don’t Care About That FICC Miss, JPMorgan Results Look Ok

‘You Can Hear He Was Tortured’: Turkey Has Audio Of Khashoggi Murder, But Trump Doesn’t Care Because ‘Arms Deals!’

October 11, 2018October 19, 2021

“You can hear his voice and the voices of men speaking Arabic.”

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2 Comments on ‘You Can Hear He Was Tortured’: Turkey Has Audio Of Khashoggi Murder, But Trump Doesn’t Care Because ‘Arms Deals!’

Ruh-Roh! ECB Won’t Rescue Italy, May Force Populists Into E.U. Bailout

October 11, 2018October 11, 2018

“No soup for you.”

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Jeff Gundlach: ‘Trump Is Crazy Like A Fox’

October 11, 2018

“President Trump is just a different kind of guy.”

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Trump ‘Won’t Fire’ Jerome Powell, But He Does Know A Guy Who Would Make A Great Fed Chair…

October 11, 2018October 11, 2018

If you want something done right…

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9 Comments on Trump ‘Won’t Fire’ Jerome Powell, But He Does Know A Guy Who Would Make A Great Fed Chair…

‘Stability Breeds Instability’: How The Robots ‘Behaved’ During Wednesday’s Selloff

October 11, 2018

Forced deleveraging.

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1 Comment on ‘Stability Breeds Instability’: How The Robots ‘Behaved’ During Wednesday’s Selloff

CPI Mercifully Misses Estimates, Now Let’s See If The Dip Buyers Show Up

October 11, 2018October 11, 2018

Phew. Will this be enough to allay fears?

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4 Comments on CPI Mercifully Misses Estimates, Now Let’s See If The Dip Buyers Show Up

Albert Edwards Says Equity Investors May Get ‘Fried Alive’ Mount Vesuvius Style

October 11, 2018October 11, 2018

“Equity investors are facing the four horsemen of the apocalypse thundering towards them.”

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2 Comments on Albert Edwards Says Equity Investors May Get ‘Fried Alive’ Mount Vesuvius Style

Tencent Plunges, Logs Record Losing Streak But Don’t Tell Wall Street…

October 11, 2018October 11, 2018

If there’s any stock on the planet that could have done without a global selloff catalyzed by a bloodbath on the Nasdaq, it’s Tencent.

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Chinese Stocks Plunge In Worst Rout Since 2016

October 11, 2018October 11, 2018

Things didn’t go well in China on Thursday.

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U.S. Knew Of Saudi Plot Against Khashoggi, Senators Invoke Magnitsky Act, Forcing Trump To Investigate

October 10, 2018October 19, 2021

So much for “duty to warn”.

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3 Comments on U.S. Knew Of Saudi Plot Against Khashoggi, Senators Invoke Magnitsky Act, Forcing Trump To Investigate

Trump: ‘The Fed Has Gone Crazy, Loco’

October 10, 2018October 10, 2018

“I don’t know what their problem is”.

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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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