Guest Post: Heroin & Non-Consensual Capitalism
“Three decades of heroin price history parallel the transformation of the neoliberal state and society. It tells an interesting story of business, politics, economics, globalization, and governmentality.”
Unlike “Pundits” Who Are Always Wrong, One “Risk Taker” Actually Cares About His P/L
“While the pundit class can be wrong on a regular basis with no repercussions, for risk takers the P/L never lies.”
When Will Trump Be Removed? Spoiler Alert: Maybe Never
“Still, Nixon held onto office for more than 17 months after his ratings sank below 50 percent, and for more than nine months after they sank into the twenties. Being loathed by the American public, and being widely and correctly perceived to be a criminal, did not do him in for a long time.”
That Time Alex Jones Replaced Alexa In Your Amazon Echo…
Well in the spirit of treating Alex like Alex deserves to be treated (that is, like the joke that he most certainly is, rather than as someone who reputable news outlets should be interviewing), here’s a fun clip of what it would be like if “Alexa Jones” replaced “Alexa” in Amazon’s Echo…
Qatar Hits Back: “The Better Question” Is Why You Guys Did 9/11
“Ambassador Otaiba must certainly be aware that the United Nations and the U.S. Treasury Department list 10 times as many suspected terrorists and terrorist financiers from the boycotting countries as from Qatar.”
BofAML’s Stark Warning: “Sell Before It’s Too Late”
“Is it possible that the Fed has become concerned about the recent surge in the equity market, especially tech stocks that has been feeding off low interest rates and low volatility?”
Monday Humor: Americans Are The Only People On The Planet Using Less Toothpaste
“US per capita consumption of toothpaste has actually declined over the last 15 years.”
Trader: Markets Need To Be Exposed To Politics Just Like The Rest Of Us
“Ultimately, there can’t be normalization without exposing markets to the same concerns as the citizenry at large. The divide in levels of being appalled by goings-on is dangerous and as much a fuel of populism as other, more obvious causes.”
SocGen: Those Record High Stock Headlines Are “Misleading”
“Bond momentum, not equity momentum, is the one to watch going forward.”
One Analyst Is “Increasingly Grouchy” About The Whole “Hawkish Hike” Thing
“Any day now, I’ll start denying that it was actually a hike at all.”
Stocks Super Happy, Oil “Flirts With Collapse,” UK Brexits, France Wonders Why No One Voted
Generally speaking, it was a quiet overnight session as traders look forward to a light
Key Calls (Monday): Upgrades, Downgrades & Initiations
Are your stocks on the list?
Passion Of The Donald: Is Trump The Most Persecuted Man Since Jesus?
I imagine it’s just a matter of time before Donald Trump tweets that he’s “the most persecuted man since Jesus.”
Brexit Negotiations Begin Monday: Here’s Your Insanely Complicated Visual Guide
“A bloody nightmare.”
Full Week Ahead Preview: In Search Of “Missingflation”
Markets will get a well-deserved break from scheduled event risks in the days ahead after
Guest Post: A Hole In The Head Or, The Fetishism Of A Failed State
“It is not difficult to recognize shades of this pattern in the political life of the developed world of the last year. The tide is coming in.”
One Strategist Thinks You Should Ignore The “Prophets Of Doom”
“The Fed’s decision to tighten rates in the face of sluggish growth and limp inflation has encouraged a narrative that they are embarking on a policy error, with the flattening of the yield curve cited as a primary piece of evidence. Upon closer inspection, however, the prognostications of peril appear wide of the mark.”
“You’re Pure Evil”: NY Times Indicts An America That’s Lost Its Mind
“For more and more Americans, the other side isn’t merely misguided in the extreme. It’s evil in the absolute, and virtue is measured by the starkness with which that evil is labeled and reviled. There are emotional satisfactions to this. There is also a terrible price.”
Trump’s Father’s Day Message: It’s A Witch Hunt
Well, it’s Father’s Day and Donald Trump has kids, at least half of which are
This Key Indicator Says A Make-Or-Break Moment Is Upon Us
Yeah so the Citi Economic Surprise Index has become the 800-pound gorilla in the room and it’s not hard to see why – especially when you look at it next to what rates seem to be saying about the economic outlook…
You’re Goldman, And If You Ask You, Investors Need To “Sharpe”n Up
“But many investors are focused on the wrong objective.”
A “Nasty, Sad, Nice, Winner, Loser, Dummy”: Trump In His Own Words
When considered as a single body of work, the President’s two-day Twitter tirade certainly qualifies as one the most ridiculous spectacles ever created by someone who holds public office.Â
The Avalanche
“[An] avalanche is a good example of metastability to keep in mind — a totally innocuous event can trigger a cataclysmic event (e.g. a skier’s scream, or simply continued snowfall until the snow cover is so massive that its own weight triggers an avalanche).”
“This Efficiency Is Surreal”: Low Vol. Is The “Story Of The Year”
“What makes this new ‘efficiency’ almost surreal is that in many ways this year’s market moves are harder to interpret than many past years.”
50% Of CEOs Rate Trump’s Performance “F”: “This Wasn’t A Granola-Eating Bunch Of Democrats”
“This was not a granola-eating crowd of Democrat entrepreneurs. It’s a cross-section of the business community, including some who are quite pro-Trump.”
“Greedy Bastards”: Amazon, Whole Foods Deal “Changes Everything”
“‘Goldman Sachs would love to represent you. If you guys are going to be sold, we’d love to make one hundred million dollars doing that. Don’t forget your buddies at Goldman Sachs!'”
You must be logged in to post a comment.