Trump Says U.S. May ‘Stop All Trade’ With Nations That Support North Korea
Earlier today, in the course of documenting the latest out of North Korea, where Kim is apparently busy trying to figure out if he can jerry-rig one of his homemade H-bombs to one of his homemade ICBMs with masking tape and Elmer’s glue, we noted that the last resort (short of war) may be to simply cut off the North’s oil supply.
Well, sure enough…
Here Is The Letter Barack Obama Wrote To Donald Trump
“That makes us guardians of those democratic institutions and traditions — like rule of law, separation of powers, equal protection and civil liberties — that our forebears fought and bled for. Regardless of the push and pull of daily politics, it’s up to us to leave those instruments of our democracy at least as strong as we found them.”
As Mnuchin Warns On Debt Ceiling, Let’s Compare Harvey To Katrina – Because That’s Fun
If you’re not in Texas or if you’re just a cold-hearted, trader cynic who only worries about your P&L, then that’s probably all you care about here, because the sooner the debt ceiling gets raised, the sooner you can cross “technical U.S. default” off your “tail risk” list.
Of course as is usually the case with catastrophic natural disasters, it’s not all good news.Â
Trump Says North Korea ‘Only Understands One Thing’ And He Wishes You’d Let Him Get On With It
Listen, if Pyongyang launches an H-bomb-tipped ICBM and turns San Francisco into a pile of smoldering
After North Korea Nuclear Test, ‘Risk Of Weapon Being Used Is Highest Since Cuban Missile Crisis’
“I think that the risk of a nuclear weapon being used somewhere in the world today is higher than it has been in a very very long time, arguably going back to the Cuban Missile crisis.”
Guess Which Country’s Stock Market Just Fell For The First Time Since The Election…
So for all the talk of how risk assets have largely ignored the threat of nuclear war, we would note that not everything was in fact immune…
Harvey, The Debt Ceiling, And Why It Might Be Time To Fade The Pessimism
If you were following along last week, you know that more than a few commentators
Trump Prepping Withdrawal From South Korea Trade Deal As Early As Next Week
Ok, so if you were going to make a list of things that Donald Trump
Myth: Congress Can’t Impeach Trump For Exercising His Constitutional Authority
“…but that doesn’t mean the rest of the Constitution has nothing to say about it.”
Who’s Excited About Stocks?! I Mean, Besides This Guy…
No, but seriously, the Nasdaq hit a new all-time high on Friday and equities managed to come out of August largely unscathed after risk assets passed a trial by fire (and fury) with flying colors.
Notably, the latest CFTC data shows that traders…
The Storm, Manufactured Existential Crises, And Competitive Games
If you’re reading this, you’re probably in the investment industry, or at least have an interest in financial markets. If you’re in the investment industry or in the financial markets, you like to win. So you’re not going to like my answer.
We play. And we lose.
The Selloff That Never Came: ‘Of Politics And Pullbacks’
One of the defining characteristics of the ongoing risk rally over the past 14 months
The Biggest Impeachment Myth Of All: Trump Has To Commit An Indictable Crime
“But there is no truth in the idea that only evidence of a crime can trigger an impeachment inquiry.”
Holiday Road.
“Well, that’s nothing to be proud of, Rusty…. 50 yaaaards.”
This Has Only Happened 2 Other Times In – Well, In ‘Ever’.
Now admittedly, “2” is a small sample size, but…
Mueller Has Copy Of Unsent Trump Letter Detailing Reason For Comey Firing: NYT
“The May letter had been met with opposition from Donald F. McGahn II, the White House counsel, who believed that some of its contents were problematic.”
EM’s Best Run Since 2004 Continues As Jobs Number Greenlights ‘Carry’ On
That’s all fine and good and we wish anyone who’s still in this trade the best, but…
Trump Reportedly Cheating On John Kelly With Steve Bannon
“… when Kelly is not around.”
Analysts Weigh In On What You Thought Was An Unambiguously Bad Jobs Report
Ok, it’s time for everyone to try and read the tea leaves from the August
As Trump Decries ‘Rigged System’, We Ask: How’s It Feel?
On behalf of every minority group who struggles each and every day to get ahead in a system that systematically disadvantages them…
Cohn Dispatched To Explain Away Bad Jobs Number, Promises Imminent Tax Reform
WHITE HOUSE’S COHN SAYS JOBS REPORT NOT DISAPPOINTING
WHITE HOUSE’S COHN SAYS WE’RE VERY PLEASED WITH ECONOMY
Manic Markets Reverse Jobs Knee-Jerk, But ‘There’s No Chance Of December Hike’
You want a reason to be dovish, you’ve got one now.
Dollar, Yields Fall As Jobs Report Misses
Well, it’s jobs day and there are a couple of ways you can approach the August print.Â
‘I’m Not Sure I’ve Talked To Anyone That Hasn’t Thrown In The Towel’
“But I have to say, the breadth of the consensus makes we wonder.”
Offshore Yuan Ties Record, Up 13th Consecutive Day
6.50 doesn’t look far-fetched – at all.
McCain Rips Trump: He’s ‘Poorly Informed’ And ‘We Don’t Answer To Him’ Anyway
“That has never been truer than today, when Congress must govern with a president who has no experience of public office, is often poorly informed and can be impulsive in his speech and conduct.”
Euro Jumps As Nowotny Thinks You’re Being A Drama Queen
“Therefore, I wouldn’t over-interpret or dramatize.”
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