Europe’s Economy Flatlines For 3rd Month As Feeble Bounce In German Factory Activity Overshadowed By Services Spillover
“The ongoing decline nevertheless represents the worst spell of demand since mid-2013”.
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With Public Calls For Foreign Election Interference, Trump Puts Infamous ‘Fifth Avenue’ Murder ‘Joke’ To Test
“What did President Trump promise China in exchange for interfering in our election?”
House Democrats To Subpoena White House In 48 Hours: Read The Memo
“I do not take this step lightly”.
The US Economy Is Good, Bad And Ugly
The US economy has peaked and nonfarm payroll growth is set to slide, says possibly spurious conjecture.
Wilbur Ross Highly Suspicious Of This Yield Curve ‘Formula’ Everyone Is Talking About
“You’re good at that stuff too”.
Fed Cuts Rates For First Time Since 2008. George, Rosengren Dissent
With the world – and Donald Trump – watching…
What To Expect From The Fed At The July Meeting And Press Conference
The wait is almost over.
Fourth World War And The Rise Of Political Infantilism
“Happy 4th. Enjoy the fireworks.”
Trump V. Cummings: Naturally, US President Sues Black Man For Asking About His Finances
Because this is what one does, when one has nothing to hide.
As Insurance Regulators Pile On, Trump Confronts A ‘Stone Cold Crazy’ Reality Of His Own Making
The spiral into legal hell continues.
Depth Charge, Gamma Gravity And A Dark, Twisted Fantasy Come True
We are now living in a collage of surreal fantasies, each of which could serve as the plot for a thriller.
Fed Hikes Rates, Removes ‘Accommodative’ From Statement: Full Coverage
And now, the main event.
Epsilon Theory’s Latest: The Icarus Moment
“What if I told you that you’ve been whipsawed by a cartoon, and you’re going to be whipsawed again?”
Key Calls (Tuesday): Upgrades, Downgrades & Initiations
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Key Calls (Thursday): Upgrades, Downgrades & Initiations
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Goldman Answers All Of Your Questions About The September Fed Meeting
Q: Will the FOMC hike the funds rate in December?
A: Yes, probably.
Key Calls (Monday): Upgrades, Downgrades & Initiations
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‘I Can’t Do It’
“I can’t do it. I can’t embrace the machines and the vol selling and the ETF parade and the central bankers’ “communication policyâ€. So I’m NOT happy. I don’t sleep well. I DON’T trust the Fed, much less love them, and I never will.”
Key Calls (Thursday): Upgrades, Downgrades & Initiations
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Key Calls (Wednesday): Upgrades, Downgrades & Initiations
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‘Questioning Your Religion’: Crude Surges On API Data, Underscoring Manic Market
“If output doesn’t rise as much as previously anticipated, then it’s time for the bears to start questioning their religion again.”
Jobs Report Beats, But Average Hourly Earnings Misses
U.S. June Nonfarm Payrolls Rose 222k; Unemp. Rate at 4.4%
Avg. hourly earnings 0.2% m/m, est. 0.3%, prior 0.1%
Key Calls (Thursday): Upgrades, Downgrades & Initiations
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Marcus: “Authoritarianism Does Not Announce Itself. It Creeps Up On You”
“But other shifts, equally audacious and equally troubling, take a more subtle form. They unfold slowly until, perhaps too late, the change becomes blindingly apparent.”
This Is “Highly Uncertain”: Deutsche Bank Weighs In On Tantrum Risk
Earlier today, we brought you the latest from Bloomberg’s Richard Breslow, who warned that the
Key Calls (Thursday): Upgrades, Downgrades & Initiations
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These Charts Do NOT Scream “Ready For Super Aggressive Fed”
We don’t want to sound like a broken record, but …
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