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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

Here’s Why You Should Be Concerned About The Latest Escalation In The U.S.-China Trade War

August 1, 2018October 16, 2021

Get ready to be “taxed”, you consumers, you.

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3 Comments on Here’s Why You Should Be Concerned About The Latest Escalation In The U.S.-China Trade War

Elon Musk Would Like To Kinda, Sorta Apologize For Calling You A ‘Boring, Bonehead’, Care To Listen?

August 1, 2018October 16, 2021

No figurative or literal Teslas crashed and burned today, so that’s good.

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1 Comment on Elon Musk Would Like To Kinda, Sorta Apologize For Calling You A ‘Boring, Bonehead’, Care To Listen?

Sorry, But Sarah Huckabee Sanders Doesn’t Have The ‘Space Force’ Answers You’re Looking For

August 1, 2018August 1, 2018

Stranger than fiction.

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1 Comment on Sorry, But Sarah Huckabee Sanders Doesn’t Have The ‘Space Force’ Answers You’re Looking For

Fed Pleased With ‘Strong’ U.S. Economy, Repeats Call For ‘Gradual Rate Increases’

August 1, 2018August 1, 2018

But what does Fed Chair Donald Trump think?

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1 Comment on Fed Pleased With ‘Strong’ U.S. Economy, Repeats Call For ‘Gradual Rate Increases’

Things Just Got Worse For Turkey As U.S. Said To Ready Sanctions, Lira Heads To No Man’s Land

August 1, 2018October 16, 2021

Erdogan isn’t going to like this.

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1 Comment on Things Just Got Worse For Turkey As U.S. Said To Ready Sanctions, Lira Heads To No Man’s Land

In Investment Grade Credit, A ‘This Has Never Happened Before’ Moment Emerges

August 1, 2018August 1, 2018

This should be bullish – I guess.

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If It’s Evidence Of Obstruction Mueller Is After, Trump’s Wednesday Attack On Jeff Sessions Is Exhibit A

August 1, 2018August 2, 2018

The tweets of wrath.

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1 Comment on If It’s Evidence Of Obstruction Mueller Is After, Trump’s Wednesday Attack On Jeff Sessions Is Exhibit A

These Five Farmers Will Suffer ‘To The Death’ For Trump And In Return, Trump Will Sell Them A $45 Hat

August 1, 2018August 1, 2018

“They’re saying, ‘it’s ok, we can take it.'”

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2 Comments on These Five Farmers Will Suffer ‘To The Death’ For Trump And In Return, Trump Will Sell Them A $45 Hat

U.S. ‘Blackmail’ Is Bitter Pill For Chinese Stocks

August 1, 2018August 1, 2018

Save us, Steve Mnuchin!

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Trump Said To Ponder Raising Stakes On China With Even Higher Tariff On $200 Billion In Imports

July 31, 2018August 1, 2018

Godspeed, Steve Mnuchin.

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1 Comment on Trump Said To Ponder Raising Stakes On China With Even Higher Tariff On $200 Billion In Imports

Things Are Going ‘Far Worse’ Than David Einhorn ‘Could Have Imagined’, But At Least He’s Out From Under His Model S Lease

July 31, 2018October 14, 2021

“We didn’t get it then and, truthfully, we don’t really get it now.”

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Leave a Comment on Things Are Going ‘Far Worse’ Than David Einhorn ‘Could Have Imagined’, But At Least He’s Out From Under His Model S Lease

‘This Will Be Difficult To Win’: As Clock Ticks, Trump Confronts Reality Of ‘Proper’ Trade War With China

July 31, 2018July 31, 2018

This isn’t a real estate deal.

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3 Comments on ‘This Will Be Difficult To Win’: As Clock Ticks, Trump Confronts Reality Of ‘Proper’ Trade War With China

‘Who’ll Stop The Rain’? A Quick Look At One Bank’s ‘The Selling Has Just Begun’ Call

July 31, 2018July 31, 2018

“We have been out on a limb the past month.”

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1 Comment on ‘Who’ll Stop The Rain’? A Quick Look At One Bank’s ‘The Selling Has Just Begun’ Call

Turkey Will Give Up Andrew Brunson Around The Same Time Erdogan Gives Up Control Of Monetary Policy (So, Never)

July 31, 2018October 14, 2021

Meanwhile, 10Y yields in Turkey spike to record highs.

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1 Comment on Turkey Will Give Up Andrew Brunson Around The Same Time Erdogan Gives Up Control Of Monetary Policy (So, Never)

GOP Waterloo? Trump Decides To Call Koch Brothers ‘A Total Joke’ Three Months Before Midterms

July 31, 2018August 1, 2018

You can’t be at war with everyone, all the time.

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2 Comments on GOP Waterloo? Trump Decides To Call Koch Brothers ‘A Total Joke’ Three Months Before Midterms

Admit It: You’re A Yield Curve Apologist, Aren’t You?

July 31, 2018November 13, 2018

“Well, I might not know much, but one thing that has gotten me into more trouble is to assume markets will play out neatly according to a schedule.”

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1 Comment on Admit It: You’re A Yield Curve Apologist, Aren’t You?

For ‘Better’ Or ‘Worse’, Here’s A Quick Snapshot Of Q2 Earnings Season So Far

July 31, 2018

But will it be enough?

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Bank Of Japan Tweaks ETF Program, Adds Flexibility On Yields, Introduces Forward Guidance On Rates

July 31, 2018July 31, 2018

Much ado about nothing? Not exactly. Probably. Or not.

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Leave a Comment on Bank Of Japan Tweaks ETF Program, Adds Flexibility On Yields, Introduces Forward Guidance On Rates

The Devolution Will Be Televised.

July 30, 2018July 30, 2018

Of ironies, tragicomedy and FANG corrections.

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3 Comments on The Devolution Will Be Televised.

In Brazen Move, Trump Considers $100 Billion Tax Cut For The Wealthy – Without Congressional Approval

July 30, 2018June 27, 2019

In the simplest possible terms, this is a perpetual motion machine for increasing inequality.

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10 Comments on In Brazen Move, Trump Considers $100 Billion Tax Cut For The Wealthy – Without Congressional Approval

‘July Was Awful Pretty Much Across The Board’: Exchanges Tumble As Outlook Sours

July 30, 2018

Wipeout.

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Giuliani Says Trump ‘Team’ Working Diligently On ‘Counter-Report’ To Refute Mueller Accusations

July 30, 2018

“But it’s unclear whether the special counsel will file anything with DOJ.”

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Marko Kolanovic Returns, Sees Value, Emerging Market Rally, Says Fed Should ‘Skip A Hike’

July 30, 2018October 14, 2021

“Regardless of whether this materializes, our view is that a slower pace of hiking is the right thing to do.”

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4 Comments on Marko Kolanovic Returns, Sees Value, Emerging Market Rally, Says Fed Should ‘Skip A Hike’

BBQ Chicken: Tyson Foods Plunges Most In 20 Months And You Can Thank Trump’s Tariffs

July 30, 2018July 30, 2018

“Trade policies have created a challenging market environment.”

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2 Comments on BBQ Chicken: Tyson Foods Plunges Most In 20 Months And You Can Thank Trump’s Tariffs

Rudy Giuliani Tells CNN, Fox That ‘Collusion With Russians’ Is Not A Crime, Presaging Who Knows What

July 30, 2018July 31, 2018

“I don’t even know if that’s a crime — colluding with Russians.”

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2 Comments on Rudy Giuliani Tells CNN, Fox That ‘Collusion With Russians’ Is Not A Crime, Presaging Who Knows What

Caterpillar Says Tariffs May Cost It $200 Million, But That’s Fine ‘Cause They Can Always Just Raise Prices

July 30, 2018July 30, 2018

“High-water mark?”

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Leave a Comment on Caterpillar Says Tariffs May Cost It $200 Million, But That’s Fine ‘Cause They Can Always Just Raise Prices

Bank Of Japan Pays 1.6 Trillion Yen To Send A Message About The Message They Won’t Send On Tuesday

July 30, 2018

“What we need is positive attitude and conviction.”

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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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