Trump Called Out By TIME, Former Editor After Falsely Claiming He Turned Down ‘Person Of The Year’
“I’m sure you still have that fake TIME cover somewhere in storage”…
The Black Hole Revisited
Don’t get sucked in.
‘Wall Street Will Run Amok’, Elizabeth Warren Warns Amid CFPB Standoff
” You would think that the financial industry would be discredited after blowing up the economy and causing a massive recession, but no: Members of Congress are still eager to please them and still take their false claims at face value.”
‘Just Add Blockchain’
“We will continue to increase our involvement and support of the blockchain ecosystem, as we ramp up our Bitcoin mining operations.”
Green Friday.
Trading is over for the week, so go out and challenge someone at Walmart to a fist fight over a flatscreen deal.
What Do You Get When You Combine Bitcoin, Algos And Social Media? This…
And yes, I am serious.
‘The Enigma Of 8’: Here’s What Goldman Sees For China’s Markets In 2018
“Luck, prosperity, and wealth.”
‘Khamenei Is The New Hitler’: Mohammed Bin Salman Regales Thomas Friedman
Someone thought it was a good idea to send Thomas Friedman to Riyadh to interview Mohammed bin Salman…
What Can Stop This Party?
Obviously, nothing could go wrong here.
Michael Flynn Said To Be Cooperating With Robert Mueller
“That agreement has been terminated, the four people said.”
Trader: ‘This Has The Potential To Destabilize The Entire System On Its Own’
“But how ironic would it be, if the instrument that was the hands-down winner during the last crisis, ended up causing the next crisis because too many people were short it?”
Some Inconvenient Truths.
You’re welcome…
Time For A French Kiss?
Meanwhile, across the pond…
Bloodbath In China: Overnight Stock Collapse Blamed On Bond Fears, Liquor
“…this is very bad news for the stock market.”
‘Run Screaming For The Hills’: Presenting The Fallacy Of Disaggregation
“Yet, we would argue that the mere fact that investors fail to spot trouble in a single sector should not be grounds for comfort: the reason why no single sector stands out may be that all the sectors are mispriced.”
Grandma Is In Trouble.
“Today’s post is an important one. I might have put Grandma in the trunk, but the coming struggle between generations is no laughing matter. It very well might end up being the defining theme for financial markets in coming decades.”
Phew, That’s Over – Now Go Get Drunk.
Well, what can you say?
Gandalf Sighting! Kolanovic Calls For ‘Year-End Rally’
The thing about wizards is they are “never late, nor are they early.” Rather, “they arrive precisely when they mean to.”
‘Just Tell Him He’s Brilliant’: Gary Cohn Faked Bad Connection So He Could Hang Up On Trump
“We’re not going to have a real conversation here — can’t you just tell the president that he is brilliant and say we’re losing … the connection and then hang up?â€
Jamie Dimon Is Taking A Tony Soprano Approach To Bitcoin Futures
Jamie Dimon is a gangster. You’d do well to remember that.
Trump Calls LaVar Ball ‘Don King Without The Hair’, Renames Mar-A-Lago ‘Winter White House’
Happy Thanksgiving, America!
Mueller Now Investigating Jared Kushner’s Contacts With Foreign Governments
Again, you’d have to be a fool to think Kushner is being forthright. And Robert Mueller is no fool.
Drumstick.
More records.
How To Hedge Against A 5% S&P Decline From Tax Reform Failure
One of the caveats in Goldman’s outlook centered around the idea that tax cuts might not materialize or, perhaps more appropriately, that this process will continue to be so fraught as to make it a source of ongoing angst as opposed to a reason to celebrate.Â
Lost: $25 Trillion Worth Of Yield
Please return to market if found.
Goldman’s 2018 S&P Outlook Is Here: ‘Irrational’ Versus ‘Rational’ Exuberance
“We would deem it ‘irrational exuberance’ if the S&P 500 during the next three years followed the exponential trajectory of stocks in the late 1990s.”
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