August Market Turmoil Proves ‘Bad News Is Good News’ Trading Philosophy Has Limits
Perverse dynamics only persist until their inherent contradiction is exposed.
Perverse dynamics only persist until their inherent contradiction is exposed.
“I am somewhat worried that constant criticism could over time undermine public support for Fed independence”.
Don’t forget that lurking in the background is an “uber-bearish” scenario.
“Incompetence is a terrible thing to watch”.
There’s just no other way to put it.Â
“Proud Warriors!”, “CHEATERS” and other shenanigans.
The irony, then, is that Trump, Bernie Sanders and AOC are to a certain extent on the same page…
“These comments from the White House are disgraceful and disgusting and the comments are racist”.
That wouldn’t necessarily be hyperbole.
The White House worries America will “continue to be the dummies”.
The “melt-up” chatter is getting louder.Â
“That little girl was me”.
“Don’t meddle in the election”. And other highlights.
“This is the root cause of the problem and the cause of the chaos.”
To the rescue or out of ideas and ammo?
And there’s a Nassim Taleb quote for good measure.
“Well, we should be doing this. They’re our companies.”
“Oh I don’t think they will do that.”
We’re now witnessing a veritable mania in Fed cut speculation.
“The Australian situation.”
If you’re not excited, well, get excited.
“I have determined that India has not assured the US that it will provide reasonable access to its markets.”
To the extent there are any good vibes, they aren’t likely to last.
Donald Trump likely won’t be in a good mood as the new week dawns.
You must be logged in to post a comment.