Trader: There Is No Better Signal Than This
“Don’t bother arguing with the hard-money gurus about the correct policy course. Just watch the yield curve. The market is smarter than all of us.”
Truly Fine Gentlemen.
In good hands.
The Wall Street Journal’s Anti-Tax Suicide Mission
The Journal has found a Pandora’s Box, and it can’t not open it.
It’s Too Late To Stop Now: The Case Against Bonds
“Understanding the past is crucial to predicting the future. It helps us come to terms with the fact that just as Van Morrison sang “too late to stop now,†we become addicted to debt and low rates without an answer to the question – how do we stop?”
‘A Taste Of The High (Vol.) Life’, Courtesy Of Goldman
Again, please: “We’re not in Kansas anymore.”
Roasted Turkey: Lira, Stocks Dive As Erdogan Considers Calling Early “Elections”
The “enemy of interest rates” might need to go ahead and cement his power more than a year ahead of time.
Here’s What You Need To Know About China’s RRR Cut
CHINA CUTS RRR FOR QUALIFIED BANKS BY 1 PERCENTAGE POINT
From GDP To Cars & Planes To Sorghum Duties, China Smothers World With News
China is going to hit you with so much news that you’ll have a difficult time crafting a consistent narrative and who knows, maybe that’s the point.
Trump Makes An Ass Of Nikki Haley, Halts Plans For Further Russia Sanctions
“Hey, it’s us. Yeah, we don’t know what she was talking about, but we’re not announcing anything tomorrow.”
Here’s Why Russia Sanctions Are ‘A Game Changer’ For OPEC
“…one very good reason to deepen its ongoing cooperation with OPEC.”
Trader: ‘Investors Know Central Banks Are Just As Deeply Into These Trades As They Are’
“It has been just too great a strategy to call the bluff of those advising caution.”
Trader Recounts ‘The Greatest Risk Arb Of All-Time’
” Most of what I learned about this trade was through rumours heard at bars and tidbits passed along the trading desk at slow moments. Yet I think I know the story well enough to recount the tale of one of the gutsiest risk arbitrage plays of all time.”
‘It’s Not Like We’re In This Spectacular Market’: Shiller Delivers Reality Check
“The United States is the most expensive market in the world.”
Chinese Stocks Fall As Hong Kong Warns ‘Rising Rates Are Unavoidable’
“We must carefully consider whether we can cope with the increase in interest expense on loans, and we must also pay attention to the increase in interest rates to asset prices.”
‘Oh, My God’: Full Week Ahead Preview
Plenty to fret about (and laugh at).
Epsilon Theory: ‘The Stage Is Set For An Explosive Market Re-evaluation Of Inflation’
“The day-to-day and intraday market swings over the past six weeks have been absolutely ferocious.”
‘Slippery James’ And ‘Wild Bill’: How Insane Was Trump’s Sunday Twitter Rant?
What would this sound like if we quoted him like a normal person? I don’t know, let’s try it!
Pick A Fire, Any Fire!
“Annette, Annette”…
The Poverty Of Tech And The Tech Of Poverty
It was one of those rainy and damp days, I was finding my way out of the F-train subway on Bergen St. in Brooklyn. On the mezzanine level, in the corner of the stairwell, I noticed a young man, couldn’t have been much older than 30….
Here Are The Biggest Risks Facing Tech
This debate is obviously crucial for the market going forward. Everyone is acutely aware of how important it is for tech high-fliers to avoid an Icarus moment until we finally see the fabled “rotation” back into value or, more simply, until another sector proves it’s capable of taking the baton in this aging bull market.
Inner And Outer Limits: Resolving An Inconsistency And What It Means For Risk
An “optimal control problem.”
Is Michael Cohen The Dumbest Lawyer In America? Maybe, Probably, Yes!
“There are 1.3 million lawyers in America, but Michael Cohen may be the stupidest one of all.”
You must be logged in to post a comment.