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Featured

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

“Of Sharks And Men”: A Reader Weighs In On The Future Of French Politics

April 24, 2017

“The blow-out personal performance of Mr Melenchon with almost 20% is very similar to the Le Pen vote in the desperation of broad areas of the country – the rural areas who feel abandoned, the suburbs where law and order are in short supply, the South exposed to poorly integrated immigrants.”

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Leave a Comment on “Of Sharks And Men”: A Reader Weighs In On The Future Of French Politics

Nikki Haley Isn’t “Looking For A Nuke Fight,” But If That’s What Kim Wants, Well Then…

April 24, 2017April 24, 2017

“What we have said from the beginning and what I’ll continue to say is the United States is not looking for a fight so don’t give us a reason to have one.”

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3 Comments on Nikki Haley Isn’t “Looking For A Nuke Fight,” But If That’s What Kim Wants, Well Then…

Hellz Yeah! European Stocks Explode, US Set To Rally As Market Celebrates Macron

April 24, 2017April 24, 2017

The final tally was Macron 23.75%, Le Pen 21.53% and to say markets are relieved

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1 Comment on Hellz Yeah! European Stocks Explode, US Set To Rally As Market Celebrates Macron

Mind The “Le Spread” Euphoria

April 24, 2017April 24, 2017

“200-DMA at 45bps could limit further spread compression as oversold conditions warrant corrective unwind.”

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Here’s How Wall Street’s Feeling About European Stocks On Monday Morning

April 24, 2017

So at least for Monday, the verdict is already in on European stocks and how

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1 Comment on Here’s How Wall Street’s Feeling About European Stocks On Monday Morning

Trader: “Presto Chango!” All Is (Not) “Right” In The World

April 24, 2017

“Springtime in Paris can indeed be very enchanting.”

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1 Comment on Trader: “Presto Chango!” All Is (Not) “Right” In The World

Key Calls (Monday): Upgrades, Downgrades & Initiations

April 24, 2017April 24, 2017

Are your stocks on the list?

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Crise: “Enjoy The Party Markets, But Beware The Hangover”

April 23, 2017April 23, 2017

“While today should be a good one for the euro and risky assets, the party may be short-lived; it won’t take long before market focus swings back to the United States and a potential government shutdown at the end of the week.”

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1 Comment on Crise: “Enjoy The Party Markets, But Beware The Hangover”

Risk-On! S&P Futs Jump, Treasurys Dumped With Yen As Markets Cheer Macron

April 23, 2017

As tipped by the knee-jerk reaction in EURUSD and EURJPY, the “market-friendly” outcome from the

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Leave a Comment on Risk-On! S&P Futs Jump, Treasurys Dumped With Yen As Markets Cheer Macron

Here’s Goldman’s Sunday Evening Take On Markets After The French Vote

April 23, 2017

Were you looking for more coverage on the outcome of the first round of France’s

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Leave a Comment on Here’s Goldman’s Sunday Evening Take On Markets After The French Vote

Euro Soars 3% Against The Yen, Shorts Seen “Reloading”

April 23, 2017

You probably don’t want to read too much into it because Sunday evening Australasia FX moves aren’t exactly the

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Leave a Comment on Euro Soars 3% Against The Yen, Shorts Seen “Reloading”

Macron, Le Pen Set To Square Off In Second Round

April 23, 2017April 23, 2017

Centrist Macron, far-Right Le Pen advance in what should be a market-friendly outcome.

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3 Comments on Macron, Le Pen Set To Square Off In Second Round

Euro Surges Out Of The Gate On French Election Result

April 23, 2017April 23, 2017

Up, up and away…

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Sunday Humor: Bill Clinton Gets “Bugged”

April 23, 2017

“Donald Trump isn’t alone”…

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Here’s How The French Polls Will Influence Central Banks This Week

April 23, 2017

“Following a “disruptive” election outcome, however, the market may expect a more accommodative tone from the ECB, and the Riksbank is likely to announce an extension of its QE programme that is due to end in June.”

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Leave a Comment on Here’s How The French Polls Will Influence Central Banks This Week

Guest Post: The End Game

April 23, 2017

“We have too much debt. It’s simple math. We are screwed. Full stop.”

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10 Comments on Guest Post: The End Game

Full Week Ahead Preview: Here’s “What To Watch” After France Votes

April 23, 2017April 23, 2017

“We’ve heard comment running the gamut from “everyone is petrified” to “should be a happy time for risk.”

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1 Comment on Full Week Ahead Preview: Here’s “What To Watch” After France Votes

Alex Jones Is A Dope Smokin’, Zebra Eatin’, Pantless Fit Parent

April 23, 2017

“Does chili affect your memory?”
“Big bowl o’ chili?”
“Yeah.”

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1 Comment on Alex Jones Is A Dope Smokin’, Zebra Eatin’, Pantless Fit Parent

Here Are The Phrases Trump Used Most In His First 100 Days

April 23, 2017April 23, 2017

“We’re gonna win so much! “

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2 Comments on Here Are The Phrases Trump Used Most In His First 100 Days

“You’re Gonna Frighten People” – Bill Murray Does Frexit

April 22, 2017April 22, 2017

“That’s because it’s the first time I’ve seen it, sir.”

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1 Comment on “You’re Gonna Frighten People” – Bill Murray Does Frexit

Dear FX Traders: Do Not Start Fucking With Thomas Jordan Tomorrow

April 22, 2017

Earlier we noted that the ECB is prepared to step in with emergency liquidity in

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Leave a Comment on Dear FX Traders: Do Not Start Fucking With Thomas Jordan Tomorrow

Knife Edge: ECB Readies For Sunday Emergency, One Analyst Says “Keep Your Head”

April 22, 2017April 22, 2017

“If there should be problems for specific French banks liquidity-wise, then the ECB has the … ELA, Emergency Liquidity Assistance, but we don’t expect of course any special movements.”

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1 Comment on Knife Edge: ECB Readies For Sunday Emergency, One Analyst Says “Keep Your Head”

Caption Contest: Sarah Palin Strikes Gangsta Pose In Front Of Clinton Portrait

April 22, 2017

You know, most things that are initially funny lose their luster after a while. Indeed,

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4 Comments on Caption Contest: Sarah Palin Strikes Gangsta Pose In Front Of Clinton Portrait

Hedge Fund Performance Is (Still) Improving! Everyone (Still) Doesn’t Care.

April 22, 2017

Earlier this month, we brought you “It’s Probably Too Late: Hedge Fund Performance ‘Improves,’ But

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hedge fundsLeave a Comment on Hedge Fund Performance Is (Still) Improving! Everyone (Still) Doesn’t Care.

“It Is Evident There Is No Policy”: Trump Governs By Vacuous Platitude

April 22, 2017

“…he treats foreign policy as a series of discrete public-relations exercises, unrelated to other actions and messages we send to foes and allies. He equates ‘winning’ with a good news cycle, without much regard for what foreign policy objectives we are pursuing.”

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3 Comments on “It Is Evident There Is No Policy”: Trump Governs By Vacuous Platitude

Here’s Another Trade Idea For The Coming Retail Apocalypse

April 22, 2017

You might not realize it, but there’s a kind of ongoing debate about the best

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1 Comment on Here’s Another Trade Idea For The Coming Retail Apocalypse

Trader: Don’t Let Those Damn French People “Ruin Your Weekend”

April 22, 2017

“Enjoy your Saturday. No polls can be published after Friday midnight Enjoy most of your Sunday. And Good luck!”

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Leave a Comment on Trader: Don’t Let Those Damn French People “Ruin Your Weekend”

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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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