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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

Remember The ‘FAANG’ ETF? Yeah, Well…

August 12, 2017August 13, 2017

Remember: you can always short it…

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1 Comment on Remember The ‘FAANG’ ETF? Yeah, Well…

Video: This Is The Moment When Trump Refused To Denounce White Nationalism

August 12, 2017August 12, 2017

Never has a President said so much by saying nothing.

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4 Comments on Video: This Is The Moment When Trump Refused To Denounce White Nationalism

This Has Never Happened Before – S&P Earnings Beat Edition

August 12, 2017

Want (another) reason to think this rally is out of gas?

Here’s one.

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Leave a Comment on This Has Never Happened Before – S&P Earnings Beat Edition

Trump Calls Guam, Congratulates Them On Expected ‘Tenfold’ Increase In Nuclear Tourism

August 12, 2017August 12, 2017

“All over the world they’re talking about Guam”…

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11 Comments on Trump Calls Guam, Congratulates Them On Expected ‘Tenfold’ Increase In Nuclear Tourism

Henry Kissinger Imagines A Solution To North Korea

August 12, 2017August 12, 2017

“Heretofore, the administration has urged China to press North Korea as a kind of subcontractor to achieve American objectives.”

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2 Comments on Henry Kissinger Imagines A Solution To North Korea

By This Measure, Thursday Was A ‘Black Monday’

August 12, 2017August 12, 2017

But you know what they say: “it’s probably nothing.”

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Trump Plots Venezuela Invasion, Trade War With China To Be Announced Monday

August 12, 2017

TRUMP THREAT MOST SERIOUS EVER AGAINST VENEZUELA: INFO MINISTER

TRUMP TELLS CALVO THAT “1000 PERCENT” BEHIND GUAM: CALVO

TRUMP IS SAID TO CALL FOR CHINA TRADE CRACKDOWN MONDAY

TRUMP’S LAWYERS SAY HE’S LEGALLY FREE TO BLOCK TWITTER USERS

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4 Comments on Trump Plots Venezuela Invasion, Trade War With China To Be Announced Monday

War And Peace Was About Trump – ‘Eerie, Right?’

August 11, 2017

“Eerie, right? The dazzling and self-confident limitation of the man.”

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Is This The Market’s New ‘Fear Gauge’?

August 11, 2017August 11, 2017

Who’s afraid of the yuan-won?

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Krugman: Republicans Are A ‘Horde Of Zombies’ Whose Brains Have Been Eaten

August 11, 2017August 11, 2017

“So where did this zombie horde come from? Who ate Republicans’ brains?”

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10 Comments on Krugman: Republicans Are A ‘Horde Of Zombies’ Whose Brains Have Been Eaten

Ezekiel 25:17

August 11, 2017August 11, 2017

“And you will know my name is the Lord when I lay my vengeance upon thee!”

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6 Comments on Ezekiel 25:17

Poof! The ‘Macron Bump’ Is Gone And As For Barron’s…

August 11, 2017

 “Nailed it”….

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1 Comment on Poof! The ‘Macron Bump’ Is Gone And As For Barron’s…

Fasten Your Seat Belts: ‘A Melting Pot’ Of Risks

August 11, 2017

“Global political developments have kept us on our toes and will continue to do so through the fall and into next year. Investors should brace for a bumpy ride.”

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1 Comment on Fasten Your Seat Belts: ‘A Melting Pot’ Of Risks

Trader Reminds You: ‘Volatility Is Not A Synonym For Risk’

August 11, 2017

“On the other hand, you could argue that, the seriousness of the geopolitical situation aside, it’s not the worst thing in the world. Relearning how to deal with potentially uncertain outcomes is an important step in repairing how capital markets function.”

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1 Comment on Trader Reminds You: ‘Volatility Is Not A Synonym For Risk’

Junk Rides The Roller Coaster – Did The Bubble Just Burst?

August 11, 2017

All kinds of people are suddenly talking about the bubble in high yield. Of course

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1 Comment on Junk Rides The Roller Coaster – Did The Bubble Just Burst?

As ‘Nuclear’ Story Count Goes Nuclear, One Trader Says Look Out Below In EM

August 11, 2017

“Investors’ focus becomes dominated by risk-management and the profit-and-loss bottom line. Everything else is secondary.”

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1 Comment on As ‘Nuclear’ Story Count Goes Nuclear, One Trader Says Look Out Below In EM

Friday Satire: Saving Private Trump

August 11, 2017

“Fighting is the main thing I do as a soldier, O.K.? I carry a machine gun for fighting, and it’s the best machine gun.”

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‘Something’s Amiss’: Vol Of Vol Soars To Highest Since Yuan Devaluation

August 11, 2017August 11, 2017

“Well sure enough”…

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Dollar, Yields Stage Hilarious Reversal Despite ‘Nail In The Rate Hike Coffin’

August 11, 2017August 11, 2017

“The CPI number pretty much puts the nail in the coffin for 2017 hikes.”

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11 Comments on Dollar, Yields Stage Hilarious Reversal Despite ‘Nail In The Rate Hike Coffin’

CPI Misses Across The Board, Dollar Dives

August 11, 2017August 11, 2017

CPI rose 0.1% vs est. 0.2%, according to the BLS.

Ex. food, energy up 0.1% vs est. 0.2%

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Make Bad News Great Again! Futures Jump With Gold On CPI Miss

August 11, 2017August 11, 2017

#MBNGA…. “make bad news great again”!

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Trump Overdoses On Fox & Friends, Tells World He’s ‘Locked And Loaded’

August 11, 2017

Trump is back on Twitter this morning to prove that he is a real contender for the absurd propaganda title belt that’s been comfortably held by Kim and his ancestors for decades.

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6 Comments on Trump Overdoses On Fox & Friends, Tells World He’s ‘Locked And Loaded’

Bloodbath In South Korea: Stocks Slide 4th Day As Foreign Money Heads For Exits

August 11, 2017

Spoiler alert: the picture is not pretty.

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1 Comment on Bloodbath In South Korea: Stocks Slide 4th Day As Foreign Money Heads For Exits

‘Traders Are Rushing For The Exit’: Hong Shares Collapse Most Since November

August 11, 2017

“Traders are rushing for the exit and trading volumes on the Hang Seng are more than 80% above their 30-day average.”

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Leave a Comment on ‘Traders Are Rushing For The Exit’: Hong Shares Collapse Most Since November

Trump Has Been Making Threats His Whole Life – He Never Delivers

August 11, 2017

“Is this credible? No. The United States is not going to launch a preventive nuclear war in Asia.”

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5 Comments on Trump Has Been Making Threats His Whole Life – He Never Delivers

Yuan Plunges Most Since January As PBoC Surprises Market With Fix

August 10, 2017

What you see in that chart folks, is the yuan falling the most against the dollar since January…

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Leave a Comment on Yuan Plunges Most Since January As PBoC Surprises Market With Fix

Gundlach Plot Thickens As Jeff Says ‘Fake’ WSJ Is Conspiring Against Him

August 10, 2017August 10, 2017

Now I know what you’re thinking: “why would people be conspiring against Jeff Gundlach?”

But see that’s just it – we don’t know. And neither does Jeff.

Read More

5 Comments on Gundlach Plot Thickens As Jeff Says ‘Fake’ WSJ Is Conspiring Against Him

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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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