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The Dark Side Of Liquidity: The Genealogy Of The AI Arms Race

November 9, 2026
  • 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

Markets

Jensen Got Honey-Trapped

November 8, 2026November 9, 2026
  • 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

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

Sunday Satire: Trump Voters Outraged After Discovering They Still Have Health Care

July 30, 2017

“I went to bed Thursday night and slept like a baby, assuming that when I woke up I would have zero health insurance,” Carol Foyler, a Trump voter, said. “Instead, this nightmare.”

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2 Comments on Sunday Satire: Trump Voters Outraged After Discovering They Still Have Health Care

These 2 Charts Are Either Bullish Or Bearish For Junk. You Choose…

July 30, 2017

Of course if you’re determined to stay bullish…

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1 Comment on These 2 Charts Are Either Bullish Or Bearish For Junk. You Choose…

Financial Times: Mr. Trump, Give It Up, It’s Over.

July 30, 2017July 30, 2017

“Any lingering hopes that he might grow into his role as commander-in-chief evaporated this week, a chaotic and self-destructive one even by the dismal standards of this presidency.”

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5 Comments on Financial Times: Mr. Trump, Give It Up, It’s Over.

Qatar’s International Reserves Just Plunged 30% In One Month

July 30, 2017July 30, 2017

Well that escalated quickly.

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2 Comments on Qatar’s International Reserves Just Plunged 302 In One Month

5 Tail Risks That Could ‘Spoil The Party’ & Why One Bank ‘Stopped Worrying’

July 30, 2017

“We continue to stand by the message that a window of opportunity remains open”…

Read More

oil1 Comment on 5 Tail Risks That Could ‘Spoil The Party’ & Why One Bank ‘Stopped Worrying’

Franc Plunge In Focus As Traders Ponder ‘The Mystery Of The Swiss In The Night’

July 30, 2017

“I have fielded more enquiries about what’s going on this week than I have the rest of the year combined.”

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5 Comments on Franc Plunge In Focus As Traders Ponder ‘The Mystery Of The Swiss In The Night’

Parker On Trump: ‘So Many Shiny Objects, So Few Left To Fool’

July 30, 2017

“Back at the Ponderosa…”

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Leave a Comment on Parker On Trump: ‘So Many Shiny Objects, So Few Left To Fool’

2 Mega Cap Charts To Consider On A Saturday Night…

July 29, 2017

Submitted for your approval – or disapproval. Whatever.

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Leave a Comment on 2 Mega Cap Charts To Consider On A Saturday Night…

As Trump Blasts China, North Korea, ‘Fake Geniuses’ Bloomberg Begs: ‘Delete Twitter’

July 29, 2017July 29, 2017

“At the Pentagon,” reports BuzzFeed, the tweet “raised fears that the president was getting ready to announce strikes on North Korea or some other military action.”

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7 Comments on As Trump Blasts China, North Korea, ‘Fake Geniuses’ Bloomberg Begs: ‘Delete Twitter’

Don’t Look At This Chart…

July 29, 2017

“Probably nothing”…

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4 Comments on Don’t Look At This Chart…

Wall Street Journal Blasts Trump (Again): ‘It’s Him’!

July 29, 2017

“…but this shuffling of the staff furniture won’t matter unless Mr. Trump accepts that the White House problem isn’t Mr. Priebus. It’s him.”

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1 Comment on Wall Street Journal Blasts Trump (Again): ‘It’s Him’!

This Is The ‘Go-To’ ETF For Tactical Purposes In Oil

July 29, 2017

“The bigger picture context is that investors need to be aware that different ETFs are used for different purposes. Frequently, there is one ETF which becomes the “goto” vehicle for tactical purposes for a given market segment. Within Energy, XOP has emerged as that vehicle.”

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oil1 Comment on This Is The ‘Go-To’ ETF For Tactical Purposes In Oil

Guess What? Trump Probably Can’t Ban Transgender Service Members After All

July 29, 2017July 29, 2017

“One reporter claimed to overhear someone in the Pentagon muse, “We’re taking orders via Twitter now?” And the answer is, of course, no.”

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2 Comments on Guess What? Trump Probably Can’t Ban Transgender Service Members After All

Police Slam Trump’s ‘Paddy Wagon’ Speech 4 Days After Boy Scout Fiasco

July 29, 2017

“When you see these thugs being thrown into the back of a paddy wagon … you just see ’em thrown in, rough” …

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2 Comments on Police Slam Trump’s ‘Paddy Wagon’ Speech 4 Days After Boy Scout Fiasco

There’s Good News On Buybacks! Just Don’t Read The Fine Print…

July 29, 2017

“Really though, we needn’t think too hard about this.”

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Leave a Comment on There’s Good News On Buybacks! Just Don’t Read The Fine Print…

Marcus: ‘The White House Has Imploded’

July 29, 2017

“The only real thing to debate in that sentence is the tense. “Has imploded” is certainly arguable.”

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2 Comments on Marcus: ‘The White House Has Imploded’

Jeff Gundlach Devastated After Discovering ‘Crass Hucksters’ Sold Him $1 Million In Fake Wine

July 29, 2017July 29, 2017

Stick to investing, because when it comes to tasting vintage reds, it is you sir, who are the “fake.”

Read More

3 Comments on Jeff Gundlach Devastated After Discovering ‘Crass Hucksters’ Sold Him $1 Million In Fake Wine

Third Person Trump Says ‘Russia Was Against Trump,’ Says ‘Dems’ Control Country

July 29, 2017

In what has become an American tradition, Donald Trump is kicking off the weekend with some inspirational tweets that are aimed at uniting a divided nation around a set of noble principles and a shared vision of hope.

Just kidding.

Read More

2 Comments on Third Person Trump Says ‘Russia Was Against Trump,’ Says ‘Dems’ Control Country

‘Vol. Sellers Should Walk To The Exit’: One Rates Team Is Worried About August

July 28, 2017July 28, 2017

“In fact, August has been the worst performing month for systematic vol sellers since 2010.”

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1 Comment on ‘Vol. Sellers Should Walk To The Exit’: One Rates Team Is Worried About August

More ‘Loonie’ Tunes: Specs Added To CAD Long Ahead Of Best GDP Print Since The Millennium

July 28, 2017July 28, 2017

So for the third week in a row we get to say “congratulations Canada!”

Now just hope that epic housing bubble doesn’t burst.

Read More

Leave a Comment on More ‘Loonie’ Tunes: Specs Added To CAD Long Ahead Of Best GDP Print Since The Millennium

Priebus The ‘Paranoid Schizophrenic’ Resigns, Trump Is ‘Proud Of Him’ Anyway

July 28, 2017July 28, 2017

So another one bites the proverbial dust, but like Sean Spicer before him, Priebus can take comfort in the fact that Trump is “proud of him.”

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4 Comments on Priebus The ‘Paranoid Schizophrenic’ Resigns, Trump Is ‘Proud Of Him’ Anyway

Presenting: A Crazy Week In Charts

July 28, 2017

Ok, well this was an interesting week…

Read More

3 Comments on Presenting: A Crazy Week In Charts

A F**ked Up Friday: Your European Stocks Just Had A Bad Day

July 28, 2017July 28, 2017

Well, European equities closed the week on a decidedly sour note.

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1 Comment on A F**ked Up Friday: Your European Stocks Just Had A Bad Day

Sally Yates: ‘This Is Dangerous. Period.’

July 28, 2017

“President Trump’s actions appear aimed at destroying the fundamental independence of the Justice Department. All the while, he’s ripping the blindfold off Lady Justice and attempting to turn the department into a sword to seek vengeance against his perceived enemies and a shield to protect himself and his allies.”

Read More

1 Comment on Sally Yates: ‘This Is Dangerous. Period.’

Friday Satire: Trump Sends Letter To Americans

July 28, 2017

My fellow Americans…

Read More

1 Comment on Friday Satire: Trump Sends Letter To Americans

Oil Has Best Week In 7 Months As HY Energy Issuance Flatlines. Beeeeeeeep…

July 28, 2017

I need to know (immediately, if possible), if you are excited about crude. Because some

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oil, OPECLeave a Comment on Oil Has Best Week In 7 Months As HY Energy Issuance Flatlines. Beeeeeeeep…

As North Korea Fires Missile, The Only Question Worth Asking Is…

July 28, 2017July 28, 2017

“…it appears that someone’s used to opportunity to JBTD.”

Read More

4 Comments on As North Korea Fires Missile, The Only Question Worth Asking Is…

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Monthly Letters

The Arbitrageur

October 29, 2026October 29, 2026

To Be Happy

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Hell Or High Fashion

July 3, 2026July 3, 2026

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