UK Stocks Eye Record Close As Slumping Pound Boosts Equity Bets
Remember, three-quarters of the sales of FTSE 100 constituents come from abroad and on Thursday, the 40-day correlation between the FTSE and the pound turned the most negative ever.
Scarborough: If Someone Surprises Trump With A Wire, ‘The Ratings Will Be Yuge’
“Will the next big reveal in this reality show spectacle come when one of his closest confidants surprises him in the final episode, not with a rose, but with a wire?”
It Just Got Worse For Sessions: Carter Page Testifies That He Informed Sessions Of Moscow Trip
“…my passing comment’s complete lack of relevance should go without saying.”
The End Of Money.
What’s implicit there is that if the dynamics that “saved” the fiat regime were to reverse course, well then the untethered system could face an existential crisis.
Much Ado About Nothing.
Not sure where the fireworks were but maybe you can point me to them.
Jeff Sessions In More Hot Water After Suddenly ‘Remembering’ Key Details About Papadopolous
Oops. Go figure right? It seems like Jeff Sessions seems to “remember” things only when he gets caught in a lie.
‘Civil War’ Erupts At Wall Street Journal Over ‘Batshit Crazy’ Trump Editorials
“It does feel like this is a different level of crazy,†the veteran editor said.
Rick Perry: Fossil Fuels Prevent Sexual Assault By Exposing Rapists To The ‘Righteous’ Light Of Justice
Now if only America was a country that had electric lights, we wouldn’t be having all of these discussions about sexual assault.Â
Trump Announces Broadcom Moving Headquarters Back To U.S., Shares Plunge
It’s all about “U.S. cities, towns and workers.”
Is This The Tax Plan ‘Rally’?
Is this it?
Not Being A Scientist Wasn’t Enough To Keep Sam Clovis From Being ‘Chief Scientist’ But Treason Was A Bridge Too Far
Sorry, Sam. If the “I’m not really a scientist” bit doesn’t get ya, the “I may have committed a little bit of treason” bit surely will…
Trump Says Maybe Due Process Is Overrated, Screams About ‘DEATH PENALTY’ On Twitter
To be clear, “what we have right now” is due process.
BoE Delivers First Hike In A Decade With A Notably Dovish Tilt
BANK OF ENGLAND RAISES BENCHMARK INTEREST RATE TO 0.5%
‘Reluctant’ Bulls And The ‘Psychological Risk’ Of QT
“But market narratives may dominate our rational analysis. If markets believe that global QE has been an important driver of the current rally, then its impending removal may nonetheless pose a psychological risk to investor sentiment.”
‘He’s Fucked’: Allies, Bannon Reportedly Pondering ‘Endgame’ For Trump
“Mueller is going to go over every financial dealing of Jared Kushner and the Trump Organization.”
Here’s How The Crypto Bubble Bursts
“What I am really getting at here though is that most of these people have no experience whatsoever with losing money in investments. When the bubble bursts all of them will be headed for the exit at the same exact time.”
Delusional: Trump Tells NYT Mueller Probe Has ‘Nothing To Do With’ Trump
“I’m really enjoying it.”
Trump Picks Jerome Powell For Fed: WSJ
TRUMP IS SAID TO HAVE PICKED POWELL AS FED CHAIR: WSJ
Check Back Tomorrow.
Thursday is now the “big day.”
When Will Expertise Matter Again? Spoiler Alert: During A Bear Market
“Should the markets begin to reverse, however, investor goals will turn to capital preservation and limiting losses.”
Fed On Hold: Highlights, Red Line Statement
See you in December.
Trump Demands End To Diversity Lottery Program, Proceeds To Regale Reporters On Everything From Gitmo To China To Yellen
If you can come up with a coherent message from all of the above we’d love to hear it.
Bad News! The Equity ‘Melt-Up’ Already Happened
“Rarefied air”…
Who’s Afraid Of The ‘Dandong’? ‘The Real Market Is Coming Out’ In China
Some folks are defaulting.
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