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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

VIX Jumps, Futs Slide As ‘100% False’ Gary Cohn Rumor Hits Markets

August 17, 2017August 17, 2017

Rumors are circulating that Gary Cohn is out. 

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3 Comments on VIX Jumps, Futs Slide As ‘1003 False’ Gary Cohn Rumor Hits Markets

Economist, TIME Eviscerate Trump With Shocking Cover Images

August 17, 2017August 17, 2017

As we put it months and months ago…

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3 Comments on Economist, TIME Eviscerate Trump With Shocking Cover Images

Trump Goes All-In, Says Removal Of Lee Statues Is ‘Ripping Country Apart’

August 17, 2017August 17, 2017

Despite the fact that, as we hilariously documented on Wednesday evening, even the great-great grandson of

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12 Comments on Trump Goes All-In, Says Removal Of Lee Statues Is ‘Ripping Country Apart’

A ‘Pence-ive’ Solution: Trader Explains Why Stocks Haven’t Reacted To Trump’s ‘Aggressive Jingoism’

August 17, 2017

“And the mess usually gets worse before we come to a neat or Pence-ive solution.”

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1 Comment on A ‘Pence-ive’ Solution: Trader Explains Why Stocks Haven’t Reacted To Trump’s ‘Aggressive Jingoism’

Here Is The Letter IBM’s CEO Sent To Employees On Trump

August 17, 2017

“Engagement is part of our history, too. We have worked with every U.S. president since Woodrow Wilson.”

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6 Comments on Here Is The Letter IBM’s CEO Sent To Employees On Trump

European Stocks React To ECB Minutes & Pondering The ‘Policy Maker Paradox’

August 17, 2017

Ok, so it’s worth taking a look at European equities now that we’ve got the ECB minutes and the attendant commentary about the dangers of a possible FX overshoot.

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Leave a Comment on European Stocks React To ECB Minutes & Pondering The ‘Policy Maker Paradox’

Euro Dips Further After ECB Flags FX Overshoot In Minutes

August 17, 2017August 17, 2017

“The appreciation of the euro to date could be seen in part as reflecting changes in relative fundamentals in the euro area vis-a-vis the rest of the world” but “concerns were expressed about the risk of the exchange rate overshooting in the future.”

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1 Comment on Euro Dips Further After ECB Flags FX Overshoot In Minutes

Trump Says Lindsey Graham Is A Jealous Publicity Hound Who Doesn’t Really Care About KKK

August 17, 2017August 17, 2017

See, Trump wants you to know that Lindsey Graham doesn’t really care about white supremacists, rather, Lindsey Graham is just jealous because he isn’t President.

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7 Comments on Trump Says Lindsey Graham Is A Jealous Publicity Hound Who Doesn’t Really Care About KKK

‘Children, If You’re A White Nationalist It’s Fine. Muslim? Good Luck!’

August 17, 2017

“Trump has different standards for different Americans: one for his base, the alt-right, and another for Muslims and people of color.”

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1 Comment on ‘Children, If You’re A White Nationalist It’s Fine. Muslim? Good Luck!’

AFL-CIO Boss: ‘Here’s Why I Quit Trump’s Business Council’

August 16, 2017August 16, 2017

“Unfortunately, with each passing day, it has become clear that President Trump has no intention of following through on his commitments to working people.”

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8 Comments on AFL-CIO Boss: ‘Here’s Why I Quit Trump’s Business Council’

In Final Insult, Ghost Of Robert E. Lee Condemns Donald Trump

August 16, 2017

“He never would have tolerated the hateful words and violent actions of white supremacists, the KKK, or neo-Nazis.”

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2 Comments on In Final Insult, Ghost Of Robert E. Lee Condemns Donald Trump

Dimon, Cohn, And Why KBW Says You ‘Can’t Ignore’ Impact Of Trump’s Meltdown

August 16, 2017

“The impact to President Donald Trump’s economic agenda, particularly tax reform, from controversy surrounding comments about protests in Charlottesville can’t be ignored.”

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6 Comments on Dimon, Cohn, And Why KBW Says You ‘Can’t Ignore’ Impact Of Trump’s Meltdown

The Good Looking Ones Are Always Bad News

August 16, 2017

“Why not just short the actual security that will cause the other security to decline?”

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1 Comment on The Good Looking Ones Are Always Bad News

Borrowed Time.

August 16, 2017August 16, 2017

Tick, tock.

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4 Comments on Borrowed Time.

Is Trump A White Supremacist? A Q&A With The Onion

August 16, 2017

“Americans demand much subtler displays of racism from their elected officials.”

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4 Comments on Is Trump A White Supremacist? A Q&A With The Onion

Dollar Sinks To Lows As Fed Minutes, Trump Weigh

August 16, 2017

This is a long-running concern. For years, there have been questions about whether fiscal policy was prepared to take the baton from monetary policy.

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Leave a Comment on Dollar Sinks To Lows As Fed Minutes, Trump Weigh

July Fed Minutes: Highlights And Summary

August 16, 2017August 16, 2017

Although several participants were prepared to announce a starting date for the program at the current meeting, most preferred to defer that decision until an upcoming meeting while accumulating additional information on the economic outlook and developments potentially affecting financial markets.”

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4 Comments on July Fed Minutes: Highlights And Summary

Stocks Fall, Gold Spikes As Trump Ends Manufacturing Council

August 16, 2017August 16, 2017

TRUMP SAYS ENDING MANUFACTURING COUNCIL & STRATEGY FORUM

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2 Comments on Stocks Fall, Gold Spikes As Trump Ends Manufacturing Council

‘No Soup For You!’ Campbell Soup Quits On ‘Reprehensible’ Trump

August 16, 2017August 16, 2017

“Following yesterday’s remarks from the President, I cannot remain on the Manufacturing Jobs Initiative.”

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3 Comments on ‘No Soup For You!’ Campbell Soup Quits On ‘Reprehensible’ Trump

3M CEO Quits On Trump, Says Council Not A ‘Great’ Way To #MAGA After All

August 16, 2017August 16, 2017

Trump’s initiative is no longer an effective vehicle for 3M to advance the goals of a stronger, healthier, more prosperous United States.

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Leave a Comment on 3M CEO Quits On Trump, Says Council Not A ‘Great’ Way To #MAGA After All

America The ‘Financial Prozac Nation’

August 16, 2017

” It’s almost like investors are citizens of some financial Prozac Nation, emotions suppressed and buying all kinds of assets regardless of the perceived risk (or return).”

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1 Comment on America The ‘Financial Prozac Nation’

Military Coup? Joint Chiefs Are Getting A Little Worried About Trump

August 16, 2017

So yeah, we can now tick the “restless military” box on the banana republic checklist. 

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18 Comments on Military Coup? Joint Chiefs Are Getting A Little Worried About Trump

Wednesday Satire: America Demands Immediate Removal Of Racist Symbol

August 16, 2017

“This symbol is a part of America’s dark, ugly past,” another protester said, echoing the opinions of many. “It has no business being here in 2017.”

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1 Comment on Wednesday Satire: America Demands Immediate Removal Of Racist Symbol

‘Now That’s Some Dip-Buying!’ Tech ETF Got $1.5 Billion In Inflows Tuesday

August 16, 2017

“…but I do know who’s not afraid: Nasdaq-buying E*Traders, dammit.”

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Leave a Comment on ‘Now That’s Some Dip-Buying!’ Tech ETF Got $1.5 Billion In Inflows Tuesday

It’s ‘Easy To Get Rich’ With These ‘Key’ Technical Levels, Trader Imagines

August 16, 2017

“That which does not kill us, makes us stronger. A much debated concept, but in terms of navigating markets, there’s a lot of truth in it.”

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Leave a Comment on It’s ‘Easy To Get Rich’ With These ‘Key’ Technical Levels, Trader Imagines

Here Are Goldman’s Brand New ‘Top FX Trades’

August 16, 2017August 16, 2017

Ok, well Goldman has some new “top” FX trades for you – because those always

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3 Comments on Here Are Goldman’s Brand New ‘Top FX Trades’

Mario Draghi Extends Martial Law – ‘State Of Exception’ Is Permanent

August 16, 2017

DRAGHI IS SAID TO NOT DELIVER FRESH POLICY AT JACKSON HOLE:RTRS

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1 Comment on Mario Draghi Extends Martial Law – ‘State Of Exception’ Is Permanent

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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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