3 Inconvenient Facts About Trump’s Presidency
Some inconvenient truths…
‘Gunning For 1.20’: FX Markets ‘Love A Good Story’
“The fact that unemployment remains way too high, political risk deferred isn’t the same as eliminated, and they are nowhere near their inflation target is for later.”
Why Buy Stocks? Just Jump Aboard The Unstoppable Euro Train!
“It’s one of the biggest stories in markets right now.”
The End Of The World: E*Trade Yacht Commercial Edition
“The dumbest guy in high school just bought a boat.”
Parents Should Be ‘Repulsed’ By Trump Playing The Good Dad Card
“As any father would.â€Â
Key Calls (Wednesday): Upgrades, Downgrades & Initiations
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This Is Rather Glaring, Wouldn’t You Say?
And really, you shouldn’t worry because after all, there’s always Apple…
Here Is The Full Trump Interview Transcript WSJ Didn’t Want You To Read
“And I liked your editorial today, very nice. (Laughs.)”
Here Is The Letter DEA Chief Chuck Rosenberg Sent In Response To Trump’s Police Speech
“Ours is an honorable profession and, so, we will always act honorably.”
Behold: A Junk Tailwind
“There was no immediate catalyst for junk bonds to lose shine, as the VIX was close to multi-year lows and stocks were setting new highs amid steady rise in oil prices.”
Bloomberg To Trump: Stop Sabotaging Obamacare!
“If Congress doesn’t like a law, it can change it. If the president does not like a law, he cannot be allowed to sabotage it.”
‘Seldom Mentioned,’ ‘Bigly,’ Ubiquitous Stock Rally Continues: Tuesday In Charts
“Billions, and billions, and billions, and”…
Nassim Taleb Reveals ‘The Tragedy’ Of ‘The Mooch’
And yes, this is just as absurd as it sounds…
One Cartoonist Begs Trump: ‘Let Me Finish My F**king Cartoons!’
“Please slow down”…
‘Things Aren’t Falling Apart, But’ – Dismal Auto Sales Unleash Treasury Rally
“… but they are definitely falling.”
Sold To You, ‘Dumb’ Money
Of course, it’s becoming increasingly difficult to determine who exactly is the “smart” money and who’s the “dumb” money these days…
As Trump Gleefully Calls For Dow 22,000, One Analyst Says ‘Look At The Facts’
“The circus at the White House makes for compelling viewing, as evidenced by the recent rise and fall of “the Mooch.” But if you want to forecast asset markets correctly, focus on the facts.”
John Podesta: Gen. Kelly, You Shouldn’t Have Taken That Job
“As a former White House chief of staff, the best advice I could have given Gen. John F. Kelly has been overtaken by events: Don’t take the job.”
‘He Wants It Out Immediately’: Trump Worked With Fox To Create Fake Seth Rich Story
“Not to add any more pressure but the president just read the article. He wants the article out immediately. It’s now all up to you.”
ISM Misses Narrowly, But Prices Paid Beats
July U.S. ISM Manufacturing Falls to 56.3 vs Est. 56.4.
Bubble Mechanics: ‘The Only Sensible Thing To Do Is Keep Buying’!
“We’ve come to hope and expect that payment for current excesses can be put off longer than our careers will last.”
Incomes Flatline, Spending Barely Grows, PCE Manages Not To Be Catastrophe
Well, this could have been better.
Goldilocks Data In Europe Is ‘Just Right’ For Risk
What do you get when you combine PMI data that underscores dovish inflation dynamics with generally positive reads on the overall pace of economic expansion?Â
Tuesday Scaramucci Satire: ‘Bring Back The Mooch!’
Chanting “Bring back Mooch”…
Key Calls (Tuesday): Upgrades, Downgrades & Initiations
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