‘You Know What? It’s Fine.’
There’s always tomorrow…
One Trader Reminds You What ‘The Real Driver Of Markets’ Is
“In all my years trading, I can’t recall a non-summer or non-holiday period that has been as boring as the past couple of weeks. I mean, B-O-R-I-N-G.”
San Juan Mayor Rips Trump The ‘Paper Towel Throwing Hater’ In Scathing Press Release
“While you’re amusing yourself throwing paper towels at us”…
Earthquake Detected In North Korea; ‘Tremors’ Detected In USDJPY
This event occurred in the area of the previous North Korean Nuclear tests
Trump Signs Health Care Executive Order, Here’s What It Really Means
“Its aim is clearly to do with the pen what Congress wouldn’t.”
Sheriff Steve Prator Is Furious That The Inmates Who Wash His Car Are Going To Be Released
“The [prisoners] that you can work, the ones that can pick up trash, the work-release programs—but guess what? Those are the ones that they’re releasing!”
The Fed Is About To Cause A Recession, Lacy Hunt Swears
“I’m very doubtful that they’ll be able to unwind the balance sheet to the extent they say they will.”
Trader: You Don’t Have To Like Stocks, You Just Have To Buy Them
“The market keeps going up and quant models and passive index funds don’t care why, just that it is. And they choose to or are forced to keep participating.”
It’s Time For JPMorgan To Start Trading Bitcoin
Well unless cross-asset volatility picks up in a hurry, it looks like the irony for JPMorgan is that they might want to consider following Goldman over to the crypto “dark side”…
Trump Wakes Up, Reminds Puerto Rico Their Infrastructure Sucks, Says FEMA Can’t Stay ‘Forever’
“All infrastructure was already a disaster.”
Mikhail Gorbachev Very Politely Asks Russia And The U.S. To Avoid Nuking Each Other
“Relations between the two nations are in a severe crisis.”
Trump’s Lawyers Said To Ponder Offering Mueller A Meeting In High-Stakes Gamble
If his attorneys think they can trust him to sit through an entire interview with Robert Mueller without flying off the handle or, at the very least, accidentally incriminating himself, they don’t know much about their client.
Key Calls (Thursday): Upgrades, Downgrades & Initiations
You need an upgrade.
Tennessee Is 137,000 Retirees Worth Of Sure That South Korea Isn’t Going To Get Nuked
Famous last words? “The long-term history with this situation is that it’s a lot of posturing and not much reality.â€
Race For Fed Chair Takes New Turn As Mnuchin Said To Push ‘Strongly’ For Powell
Stay tuned. The ratings will be “tremendous.”
Trump’s ‘Unprecedented’ Stock Market Rally In One Chart
We suppose that depends on how loosely you define the word “virtually.”Â
Close Your Eyes And Buy.
Don’t worry about the orange man.
Steve Bannon Says Trump Has Only A 30% Chance Of Making It Through His First Term
“He saw the cult of personality was broken.”
The Quiet Bull Market You’re Not Paying Enough Attention To
“It seems like everyone is all bulled up on America. Well, sold to them. I am more interested in buying the quiet rising market which everyone is skeptical of, rather than the frothy expensive one that everyone loves.”
September Fed Minutes: Highlights
Obviously, the September minutes will be parsed for clues as to what the committee was thinking in terms of staying the course for December despite lackluster inflation.Â
Hedge Fund Stock Exposure Hits New Record High, But…
Did you wake up on Wednesday morning asking yourself whether the 2 and 20 crowd’s equity exposure hit new record highs in Q3?
NAB Blasts Trump, Says NBC Tweet Is ‘Contrary To Fundamental Rights’ Set Forth By Founders
“The founders of our nation set as a cornerstone of our democracy the First Amendment, forever enshrining and protecting freedom of the press.”
One Trader Calls It: This Is The Day When It All Changes
“I’m talking about good old fashioned two-way flow and nascent trends galore.”
Trump Asks If He Can Shut Down The Media, Says Press Is ‘Bad For Country!’
Any questions America?
This Is ‘The Most Intriguing, Worrying’ Factor For Volatility (Hint: It’s The Flow, Stupid)
“We are likely to be nearing a low point for major market bond and equity vol, and if the catalyst is policy it will likely come from positive volatility QE ‘flow effect’ being more powerful than the vol depressant ‘stock effect’.”
To Neverland And Beyond.
“… because the idea that what you see in that chart has nothing to do with what you see in the two charts below is clearly ridiculous.”
Trump Wanted Cartoonish ‘Tenfold’ Increase In Nuclear Arsenal, Leading Tillerson To Call Him A Moron
It was soon after the meeting broke up that officials who remained behind heard Tillerson say that Trump is a “moron.â€
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