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Featured

Megaspeed Indeed. (Two Huangs Don’t Make A Right)

November 9, 2026November 9, 2026
  • Jensen Got Honey-Trapped

    November 8, 2026November 8, 2026
  • Rasputin Presiding

    November 8, 2026November 8, 2026
  • Inflation Week!

    November 8, 2026November 8, 2026

Markets

Weekly: Melodrama

November 7, 2026November 9, 2026
  • ‘Dem Fatale’ Crashes The AI Party

    November 6, 2026November 8, 2026
  • 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

economy

Inflation Fatalism Has Set In

November 6, 2026November 8, 2026
  • Drunken Monkey Darts

    November 6, 2026November 8, 2026
  • ‘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

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

Tech Got No Love This Earnings Season

November 3, 2026November 8, 2026

‘Believe Me.’

September 27, 2017September 27, 2017

What could go wrong?

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Trump Reckons NFL Has Two Choices: End Free Speech Or ‘Go To Hell’

September 27, 2017September 27, 2017

“They’re in a box”…

Read More

2 Comments on Trump Reckons NFL Has Two Choices: End Free Speech Or ‘Go To Hell’

Investors Are Scared To Death Of Geopolitics – So They’re Long Stocks And EM

September 27, 2017

And yet true to form in a world where policymakers have turned everyone from macro managers to Target employees into vol. sellers and carry traders…

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1 Comment on Investors Are Scared To Death Of Geopolitics – So They’re Long Stocks And EM

‘Middle Class Must Mean Trump Tower’: Dems Blast Tax Plan, Wall Street Luke Warm

September 27, 2017September 27, 2017

“If the Republican blueprint for tax reform is about middle class, then Trump Tower is middle-class housing.”

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1 Comment on ‘Middle Class Must Mean Trump Tower’: Dems Blast Tax Plan, Wall Street Luke Warm

Trader: ‘Some Politician Is Going To Make A Bad Mistake Down The Road’

September 27, 2017

“That’s all a sign of acceptance of looming rate moves coupled with the depressing expectation that some politician is going to make a bad mistake down the road.”

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Leave a Comment on Trader: ‘Some Politician Is Going To Make A Bad Mistake Down The Road’

Read: Here Is The Complete Republican Tax Plan

September 27, 2017September 27, 2017

Parse it and decide for yourself how “bigly” and/or “phenomenal” it is…

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2 Comments on Read: Here Is The Complete Republican Tax Plan

Behold: ‘Proof’ That Markets Are Still Efficient.

September 27, 2017September 27, 2017

Again: who said markets are no longer efficient?

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Trump Accuses WaPo, NY Times Of ‘Collusion’, Says He’s Greatest President Of All Time

September 27, 2017

“…no President has accomplished what I’ve accomplished.”

Read More

2 Comments on Trump Accuses WaPo, NY Times Of ‘Collusion’, Says He’s Greatest President Of All Time

The Taliban Tried To Murder Jim Mattis Today With Rocket-Propelled Grenades

September 27, 2017October 18, 2019

“[I want] to reinforce to the Taliban that the only path to peace and political legitimacy for them is through a negotiated settlement.”

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1 Comment on The Taliban Tried To Murder Jim Mattis Today With Rocket-Propelled Grenades

‘Alright, That’s Enough Of That’: Wells Fargo Strategist Tells CNBC To Expect 4-8% S&P Correction

September 27, 2017

“Thanks, Scott.”

Read More

1 Comment on ‘Alright, That’s Enough Of That’: Wells Fargo Strategist Tells CNBC To Expect 4-8% S&P Correction

‘Pity The Pacific’: Rocket Man And Dotard Go Bonkers In Toontown

September 27, 2017

“So it goes in Toontown, where two of the planet’s most unstable state actors call each other names and spin the roulette wheel toward nukes and annihilation.”

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Leave a Comment on ‘Pity The Pacific’: Rocket Man And Dotard Go Bonkers In Toontown

Previewing The ‘Phenomenal’ – Goldman Tells You What To Expect On Taxes

September 27, 2017September 27, 2017

Behold: the phenomenal.

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1 Comment on Previewing The ‘Phenomenal’ – Goldman Tells You What To Expect On Taxes

A Hard Narrative To Ignore…

September 27, 2017September 27, 2017

“Never mind that the tax plan will struggle to get through congress and don’t worry that the Fed might be making a policy mistake. Those are issues for another time, not this week.”

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1 Comment on A Hard Narrative To Ignore…

Key Calls (Wednesday): Upgrades, Downgrades & Initiations

September 27, 2017September 27, 2017

You need an upgrade.

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Is This Time Different?

September 26, 2017

Will this time be different? Or will the “hope” inherent in the latest spike on the purple line fade away just like it has before?

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‘Keep One Eye On Left Field’: Here Are The Most Important Q4 Market Themes

September 26, 2017September 26, 2017

“As always, keep one eye on left field for the “unknown unknown” that could shift the market’s thinking.”

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2 Comments on ‘Keep One Eye On Left Field’: Here Are The Most Important Q4 Market Themes

Let’s Stop Pretending Like Trump’s NFL Crusade Isn’t About Race, Ok?

September 26, 2017September 26, 2017

“Donald Trump’s ongoing fight with professional athletes has one purpose: to inflame racial tensions.” 

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3 Comments on Let’s Stop Pretending Like Trump’s NFL Crusade Isn’t About Race, Ok?

What, No Nukes?

September 26, 2017September 26, 2017

There’s always tomorrow.

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3 Comments on What, No Nukes?

$250 Billion Is Coming ‘Home’! But There’s A Catch If You’re Hoping For A Buyback Bonanza

September 26, 2017September 26, 2017

The “bad” news is, companies will be less inclined to buy back shares with the money they bring home because… well…

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3 Comments on $250 Billion Is Coming ‘Home’! But There’s A Catch If You’re Hoping For A Buyback Bonanza

Video: Roger Stone Says Manafort ‘Expects To Be Indicted’, Will Be Pressed To Roll Over On Trump

September 26, 2017September 26, 2017

“His attorney told my attorneys he expects to be indicted,” Stone, a longtime ally of the President, told the press on Capitol Hill, adding that “he doesn’t know what the charges would be and neither does Paul.”

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6 Comments on Video: Roger Stone Says Manafort ‘Expects To Be Indicted’, Will Be Pressed To Roll Over On Trump

WaPo: North Korea Secretly Asking Republicans For Help ‘Figuring Out’ Unhinged Trump

September 26, 2017September 26, 2017

“Their No. 1 concern is Trump. They can’t figure him out,” said one person with direct knowledge of North Korea’s approach to Asia experts with Republican connections.

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2 Comments on WaPo: North Korea Secretly Asking Republicans For Help ‘Figuring Out’ Unhinged Trump

One Trader Doesn’t ‘Have A Clue’ But He’s Sure There’s ‘A Serious Amount Of Scary’ Out There

September 26, 2017

“On the other hand, there’s a serious amount of scary, or at the very least, disappointing, happenings out there.”

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Leave a Comment on One Trader Doesn’t ‘Have A Clue’ But He’s Sure There’s ‘A Serious Amount Of Scary’ Out There

‘America Has A Racial Demagogue As President’

September 26, 2017

“African Americans have a naturally complex relationship with a country in which 1 out of 7 seven human beings was once owned as property and robbed of his or her labor.”

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8 Comments on ‘America Has A Racial Demagogue As President’

2 Things: Fewest 1-2% Moves Since The Crisis And A Record Day For VIX Options

September 26, 2017September 26, 2017

Are you concerned after Monday that geopolitical risk is about to derail a bull market that has a decent shot at becoming the strongest in history?

Of course you aren’t. And why would you be?

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Leave a Comment on 2 Things: Fewest 1-2% Moves Since The Crisis And A Record Day For VIX Options

Eric Reid: Here’s Why Colin Kaepernick And I Started #TakeTheKnee

September 26, 2017

“I approached Colin the Saturday before our next game to discuss how I could get involved with the cause but also how we could make a more powerful and positive impact on the social justice movement.”

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1 Comment on Eric Reid: Here’s Why Colin Kaepernick And I Started #TakeTheKnee

As McMaster Warns Of ‘Ugly Scenarios’, South Korean Stocks Fall For Sixth Day In A Row

September 26, 2017

The read-through there appears to be that Trump is discovering why it’s difficult to draw “red lines.” You draw one, someone crosses it, and then you either have to bomb them or back down.

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Leave a Comment on As McMaster Warns Of ‘Ugly Scenarios’, South Korean Stocks Fall For Sixth Day In A Row

Trump Wakes Up Before Dawn, Marvels At ‘Loudest Booing He Has Ever Heard’

September 26, 2017September 26, 2017

The war will have to wait.

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Monthly Letter

  • The Arbitrageur

Recent Comments

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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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