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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

Who’s Really ‘Winning’ The Trade War? The Truth Behind The Rhetoric

August 10, 2018August 11, 2018

Make sure you know the whole story.

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4 Comments on Who’s Really ‘Winning’ The Trade War? The Truth Behind The Rhetoric

‘This Is Not Going To End Well’: Turkey Isn’t EM’s Bellwether, But Brace For Impact Nonetheless

August 10, 2018October 16, 2021

“…markets need to be prepared for a hard landing in the economy, corporate defaults on foreign currency debt, and possible bank failures.”

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Trump Turns Turkey Dumpster Fire Into Five-Alarm Blaze With Tariffs Tweet

August 10, 2018August 10, 2018

Burn baby, burn.

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Core Inflation Rises At Fastest Pace Since 2008, Setting Fed On Collision Course With Trump

August 10, 2018August 10, 2018

What could go wrong with this setup?

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Contagion: Lira Collapse Spreads To Europe

August 10, 2018

“Smoked.”

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End Game: Lira Collapses Raising Specter Of Capital Controls, IMF Bailout

August 10, 2018August 10, 2018

After weeks spent teetering on the brink, the Turkish lira collapsed on Friday.

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Pondering ‘The End Of Synchronized Everything’

August 9, 2018October 16, 2021

And at the heart of it all…

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Caught On Tape: Devin Nunes Admits Republicans’ Main Job Is To Keep Trump From Getting Impeached

August 9, 2018August 9, 2018

“All of this goes away.”

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1 Comment on Caught On Tape: Devin Nunes Admits Republicans’ Main Job Is To Keep Trump From Getting Impeached

A Completely Serious Mike Pence Wants $8 Billion From Taxpayers For Trump’s ‘Space Force’

August 9, 2018August 9, 2018

So our “best and bravest” will have the funding they need to “deter a new generation of threats to our people.”

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2 Comments on A Completely Serious Mike Pence Wants $8 Billion From Taxpayers For Trump’s ‘Space Force’

‘Don’t Be Afraid At All’: In Turkey, Desperation As Currency Crisis Spirals

August 9, 2018August 9, 2018

“Don’t be afraid at all, it will all pass.”

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‘All Bets Are Off’ As Washington Plays Russian Sanctions Roulette

August 9, 2018October 16, 2021

“[The] government and the central bank are monitoring the situation.”

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Question: How Long Before Trump Intervenes Directly In The Currency Market?

August 8, 2018

Don’t rule it out.

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1 Comment on Question: How Long Before Trump Intervenes Directly In The Currency Market?

‘Just’ Five Months Later, Trump Slaps Russia With Sanctions Because Poisoning People With Nerve Agents Is Bad

August 8, 2018October 16, 2021

“Well, if I have to”…

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Insider Trading For Dummies, With Chris Collins, New York Republican And Early Trump Supporter

August 8, 2018October 16, 2021

“Wow. Makes no sense. How are these results even possible???”

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‘It’s A Sad Moment’: A South Carolina Town Hits ‘Rock Bottom’ As Trump’s Tariffs Force Plant Closure

August 8, 2018August 8, 2018

“When you think you’ve reached rock bottom, to get kicked in the gut like this.”

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‘The April Selloff Could Repeat’: Russian Ruble Dives As Market Wakes Up To ‘Drastic’ U.S. Sanctions Bill

August 8, 2018August 8, 2018

The “nuclear route” discussion is live again.

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U.S. Finally Remembers To Get $16 Billion Trade Escalation Done So Trump Can Get To $200 Billion Escalation

August 7, 2018

You’d be forgiven if you’re having a hard time keeping up with the tariff-related news these days.

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Is Democracy Dying? New Poll Paints Grim Picture For Press Freedom

August 7, 2018August 9, 2018

Democracy dies in darkness.

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6 Comments on Is Democracy Dying? New Poll Paints Grim Picture For Press Freedom

Turkey In Crisis: A Narrative History And An Annotated Chart

August 7, 2018

How to trigger a currency crisis in five months.

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Trader: ‘The Chinese Have Fundamentally Changed The Way They Look At Gold’

August 7, 2018November 13, 2018

“Still trading on top of one another. In fact, it’s almost tick for tick.”

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1 Comment on Trader: ‘The Chinese Have Fundamentally Changed The Way They Look At Gold’

Trump, Stephen Miller Will Now Limit Citizenship For Legal Immigrants Who’ve Used Obamacare

August 7, 2018October 16, 2021

Define: cruel.

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1 Comment on Trump, Stephen Miller Will Now Limit Citizenship For Legal Immigrants Who’ve Used Obamacare

China Cautions Banks Against ‘Herd Behavior’, Paving Way For Opaque Yuan Fixing ‘Adjustments’

August 7, 2018

If you’re looking for clues as to where the yuan goes next, watch the CCAF.

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1 Comment on China Cautions Banks Against ‘Herd Behavior’, Paving Way For Opaque Yuan Fixing ‘Adjustments’

Tuesday Brings Good News For China As Stocks Soar, July FX Reserves Post Surprise Gain

August 7, 2018August 7, 2018

A welcome reprieve.

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1 Comment on Tuesday Brings Good News For China As Stocks Soar, July FX Reserves Post Surprise Gain

‘The Disconnect Between Fear And Reality Seems High’: Goldman Weighs In On China Stock Slump

August 6, 2018October 16, 2021

Of course it’s not all rainbows and unicorns.

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1 Comment on ‘The Disconnect Between Fear And Reality Seems High’: Goldman Weighs In On China Stock Slump

This Is ‘The Best Asset GMO Can Find’ By The Largest Margin They’ve ‘Ever Seen’

August 6, 2018October 16, 2021

It’s not without risks, of course.

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‘Safe Haven’ No More? It’s Been A Good Run For These Stocks, But…

August 6, 2018

“Capped” out?

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‘People Have Said P.T. Barnum!’ Trump’s Reality Distortion Loop Gets A New Dimension With TiVo Reruns

August 6, 2018August 7, 2018

“They don’t realize, it’s a lot of work. It’s not easy.”

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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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