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Featured

Buy The Dip? (Honeypot Training)

November 9, 2026November 9, 2026
  • What Are Treasurys Telling Us?

    November 9, 2026November 9, 2026
  • Megaspeed Indeed. (Two Huangs Don’t Make A Right)

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

    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 Week!

November 8, 2026November 9, 2026
  • 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

Geopolitics

Rasputin Presiding

November 8, 2026November 9, 2026

Tsunami

November 4, 2026November 5, 2026

Let’s Talk Blue Waves

November 1, 2026November 2, 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

‘The Ultimate Guide To Equity Markets’ Or, ‘Because Lines’

August 30, 2017August 30, 2017

“Because lines.”

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Aussie Spread Over Treasurys Balloons To Post-Election High

August 30, 2017

Here’s one of those notable developments that’s probably flying under your radar.

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‘Unless There Is A War’ There Is No Stopping The Yuan Train

August 30, 2017August 30, 2017

And to let Jitipol Puksamatanan – a Bangkok-based strategist at Krung Thai Bank – tell it, the only thing that’s going to stop this train is war.

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Yes, Climate Change Made Hurricane Harvey Worse

August 30, 2017August 30, 2017

“Harvey was almost certainly more intense than it would have been in the absence of human-caused warming, which means stronger winds, more wind damage and a larger storm surge.”

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11 Comments on Yes, Climate Change Made Hurricane Harvey Worse

Key Calls (Wednesday): Upgrades, Downgrades & Initiations

August 30, 2017August 30, 2017

You need an upgrade.

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Harvey Silver Lining: Odds Of Government Shutdown Fall To ‘Just’ 35%

August 29, 2017August 30, 2017

Well, if you were looking for the silver lining in the catastrophic flooding that accompanied Hurricane Harvey, Goldman is happy to oblige. 

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4 Comments on Harvey Silver Lining: Odds Of Government Shutdown Fall To ‘Just’ 354

‘The President Speaks For Himself, Chris’

August 29, 2017August 29, 2017

“Coming from the man the president picked to represent the nation around the world, it was a stunning admission, devastating in its simplicity and painful in its accuracy.”

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1 Comment on ‘The President Speaks For Himself, Chris’

Trump Jr. To Testify; Mueller Issues Subpoenas To Manafort Lawyer, Spokesman

August 29, 2017August 29, 2017

Walls are closing in.

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2 Comments on Trump Jr. To Testify; Mueller Issues Subpoenas To Manafort Lawyer, Spokesman

Apocalypse Wow.

August 29, 2017August 29, 2017

The crowds are huge for the end of the world…

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6 Comments on Apocalypse Wow.

Why Not Take A Minute Away From Buying XIV On Your Credit Card To Put On These Goldman-Approved Hedges?

August 29, 2017August 29, 2017

Are you looking to hedge all of the risk exposure you put on today when

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2 Comments on Why Not Take A Minute Away From Buying XIV On Your Credit Card To Put On These Goldman-Approved Hedges?

There’s A Trump Tweet For That…

August 29, 2017August 29, 2017

“Don’t fall for it.”

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4 Comments on There’s A Trump Tweet For That…

The Cleanest Shirt Is Actually Pretty Dirty

August 29, 2017August 29, 2017

“I only care what he means to the markets, and there is no doubt that although he views himself as quite the stock market whisperer, the reality is that American stocks are stinking compared to the rest of the world.”

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1 Comment on The Cleanest Shirt Is Actually Pretty Dirty

Dip-Buyers Prevail As Stocks Rebound – ‘Absence Of Trump Belligerence’ Cited

August 29, 2017

“…traders citing the absence of stepped-up belligerence in President Donald Trump’s reaction that cleared the way for dip-buyers in the futures market.”

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2 Comments on Dip-Buyers Prevail As Stocks Rebound – ‘Absence Of Trump Belligerence’ Cited

‘Well What If There Is No Tomorrow?!’ We’re All Phil Connors Now

August 29, 2017

“There wasn’t one today”…

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1 Comment on ‘Well What If There Is No Tomorrow?!’ We’re All Phil Connors Now

This Hasn’t Happened Since 2014 (iTraxx Edition)…

August 29, 2017

Ok, it looks like some folks have seen enough. 

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Trader: ‘And Then I Realized They Weren’t Talking About The Korean’

August 29, 2017

“I was taken aback this morning when someone said to me that this was an especially concerning time because of the crazy person in charge.”

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1 Comment on Trader: ‘And Then I Realized They Weren’t Talking About The Korean’

Euro Rally Goes Nuclear (Figuratively And Literally), European Stocks Hit 6-Month Lows

August 29, 2017

Importantly, the euro’s haven status is getting cemented here.

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Treasury Yields Dive To 2017 Lows

August 29, 2017August 29, 2017

Seems half a world away now, doesn’t it?

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‘As Reliable As Gold’: About That ‘Other’ Safe Haven…

August 29, 2017

“Yuan strength during periods of North Korea related turmoil is becoming as reliable as the demand for yen or gold.”

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‘I’m Worried About Donald Trump’- Global Markets, Analysts React To North Korea

August 29, 2017August 29, 2017

While there’s no way to know, ahead of time, if “this time is different” in

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Key Calls (Tuesday): Upgrades, Downgrades & Initiations

August 29, 2017August 29, 2017

You need an upgrade.

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CBs, Market Crash, North Korea, Or ETF Nightmare: What’s The Biggest Tail Risk?

August 28, 2017August 28, 2017

“However, the reality of the past thirty years has been a succession of bursting financial bubbles (1987, 1997, 2008), rather than inflationary spikes.”

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Kospi, Nikkei Fall As Market Ponders Whether They’ll Be A Tomorrow Or Not

August 28, 2017August 28, 2017

“Clap for me bitchez”…

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1 Comment on Kospi, Nikkei Fall As Market Ponders Whether They’ll Be A Tomorrow Or Not

S&P Futs ‘Take Beating’; Yen, Franc Surge As North Korea Fires Missile Over Japan

August 28, 2017August 28, 2017

SEVERAL MISSILES WERE FIRED BY NORTH KOREA, JAPAN GOVT SAYS:NHK
NORTH KOREA APPEARS TO HAVE FIRED MISSILE TOWARD JAPAN: NHK

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4 Comments on S&P Futs ‘Take Beating’; Yen, Franc Surge As North Korea Fires Missile Over Japan

Trump Upset With Hurricane For Not Doing More To Boost Pardon Ratings

August 28, 2017

This man is a miracle.

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The Great Flood

August 28, 2017

Although I can’t imagine why…

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3 Comments on The Great Flood

‘Our Boy Can Become President’: NY Times, WaPo Drop 2 More Trump-Russia Bombshells

August 28, 2017

“I will get all of Putins team to buy in on this, I will manage this process.”

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3 Comments on ‘Our Boy Can Become President’: NY Times, WaPo Drop 2 More Trump-Russia Bombshells

Posts pagination

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Monthly Letter

  • The Arbitrageur

Recent Comments

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  • Mr. Lucky on Megaspeed Indeed. (Two Huangs Don’t Make A Right)
  • therealheisenberg on Megaspeed Indeed. (Two Huangs Don’t Make A Right)

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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