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Featured

Will Oracle’s Cloud Growth Stanch The Bleeding?

March 10, 2026March 10, 2026
  • Canaries And Eye Candy From Inside The AI Bubble

    March 10, 2026March 10, 2026
  • In US Housing, A Faint Pulse. But That’s It.

    March 10, 2026March 10, 2026
  • Peace Through Fire And Fury

    March 10, 2026March 10, 2026

politics

Iran War ‘Very Complete.’ ‘Pretty Much’

March 9, 2026March 10, 2026
  • With Mojtaba Khamenei, The Revolution Becomes What It Overthrew

    March 8, 2026March 9, 2026
  • The Sun Grew Black As Sackcloth, The Moon Became Like Blood

    March 8, 2026March 9, 2026
  • This Could Get Ugly…

    March 6, 2026March 8, 2026
  • A Bloody Mess

    March 5, 2026March 7, 2026

Markets

Remember AI?

March 9, 2026March 10, 2026
  • Where’s The Iran War Stock Crash?

    March 9, 2026March 10, 2026
  • ‘Only Fools’

    March 9, 2026March 10, 2026
  • Traders Get Inflation Double-Header In Fog Of War

    March 8, 2026March 10, 2026
  • Weekly: Déjà Vu

    March 7, 2026March 9, 2026

Duly Noted+

US Spending Impulse Loses Momentum

March 6, 2026

In US Housing, Sixes Now Outnumber Threes

March 5, 2026March 5, 2026

Economy

Terrible Jobs Report Piles More Pressure On White House

March 6, 2026March 8, 2026

A Productivity Renaissance, But At What Cost?

March 5, 2026March 6, 2026

US Economy Lost Jobs Last Month, Alternative Facts Say

March 5, 2026March 6, 2026

January 20, 2017: The Day Democracy Died

January 3, 2017January 3, 2017

The Donald Trumps, Marine Le Pens, and Frauke Petrys of the world represent a very real threat to Western democratic values. The ideologies they preach are poisoning the gullible who mistakenly believe they’ve found their champions in nationalist candidates pushing a noxious brand of populism.

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6 Comments on January 20, 2017: The Day Democracy Died

“It All Started When”…

January 3, 2017

Gotta love religion.

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3 Comments on “It All Started When”…

Here’s One More Reason To Believe China’s Currency Will Continue To Plunge

January 3, 2017January 3, 2017

Despite the Politburo’s best efforts (which now include the imposition of what amount to new capital

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2 Comments on Here’s One More Reason To Believe China’s Currency Will Continue To Plunge

Dollar Swings Wildly After Upbeat US Economic Data

January 3, 2017

Well, that escalated quickly…

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1 Comment on Dollar Swings Wildly After Upbeat US Economic Data

Tuesday Chart Check (Frozen Money Markets Edition)

January 3, 2017

Confucius say: “It’s probably nothing”…

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GM Gets “Lockheed Martin’d” In Trump Tweet

January 3, 2017

Look out, it’s a Twitter tape bomb!

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1 Comment on GM Gets “Lockheed Martin’d” In Trump Tweet

“Grinchs” Should Have “Stayed In Bed”, SocGen Says

January 3, 2017

“The Grinch and Scrooge had better stay in bed this morning”…

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Why January “Is Like Breakfast”

January 3, 2017

“Calendars shouldn’t in theory matter, but they sure do”…

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Daily Kickstart (Back To Work Edition)

January 3, 2017

At long last, the holidays are over. I like the peace and quiet as much

Read More

oil, OPECLeave a Comment on Daily Kickstart (Back To Work Edition)

Why Fed Policy Mistakes Are Now Inevitable

January 2, 2017

As noted earlier on Monday evening, we’re seeing Catch-22s everywhere these days as central banks are

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2 Comments on Why Fed Policy Mistakes Are Now Inevitable

CNN Publishes Trump Book With Title Trump Can’t Spell

January 2, 2017

“Unprecedented”…

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2 Comments on CNN Publishes Trump Book With Title Trump Can’t Spell

An Inflationary Catch-22

January 2, 2017

The perpetual thorn in policymakers’ side during the post-crisis era has been inflation or, more

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1 Comment on An Inflationary Catch-22

Time To Throw In The Towel? China Hints At Lower Growth

January 2, 2017

In “not very exciting but nonetheless important” news, PBoC adviser Huang Yiping has gone on

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1 Comment on Time To Throw In The Towel? China Hints At Lower Growth

Reflections On The “Deeply Troubling” End Of Globalization

January 2, 2017January 2, 2017

So, how many times in the past month have I written something about the possible

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1 Comment on Reflections On The “Deeply Troubling” End Of Globalization

Daily Kickstart (European Stocks Get Lift From PMI Data, But Political Jitters Persist)

January 2, 2017January 2, 2017

“While the strong end to 2016 is encouraging news the manufacturing revival clearly remains vulnerable to political risk.”

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“Fertile Ground For Conspiracies And Revolutions”

January 1, 2017

Whether or not we, as a society, can overcome the temptation to surrender our future to a succession of demagogues remains to be seen. And indeed we may be but one tragedy away from seeing the momentum turn irreversibly in favor of politicians who seek to capitalize on fear and intolerance.

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2 Comments on “Fertile Ground For Conspiracies And Revolutions”

How The Alt-Right Blogosphere Is Destroying Society

January 1, 2017

Unconcerned with the real-world ramifications of their disingenuous online banter, they revel in the fact that they can exploit uneducated readers, conspiracy theorists, and those who generally lack critical thinking skills for their own personal gain

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13 Comments on How The Alt-Right Blogosphere Is Destroying Society

Reader “Submission” (Get It?)

January 1, 2017

“I always knew he was very smart!”

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1 Comment on Reader “Submission” (Get It?)

“Keepin’ It Real”

January 1, 2017January 1, 2017

“He just seems to have these swans on his mind”…

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“It’s The Economy, Stupid”: January Preview

January 1, 2017

Don’t forget that next week, we’ll get the latest NFP number which will be used as fodder for Trump no matter how it prints.

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“All Bets Are Off”

December 31, 2016October 13, 2021

“If all bets are off then there can’t be any money, can there?”

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On The Perils Of Trading In A 140-Character World

December 31, 2016October 13, 2021

Judging from some of the mail I get and from some of the conversations I’ve

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2 Comments on On The Perils Of Trading In A 140-Character World

Trump Tweets Absurd New Year’s Eve Message To Haters

December 31, 2016October 13, 2021

President-elect Donald Trump has tweeted some truly ridiculous things over the last several days while the

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2 Comments on Trump Tweets Absurd New Year’s Eve Message To Haters

(Re)Balancing Act Bolsters Treasurys Into Year End

December 30, 2016October 13, 2021

One question going into a week in which the tape was painfully thin across the

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Mayhem In Money Markets: China Warns Investors Not To “Underestimate” The Danger

December 30, 2016October 13, 2021

The complexity of the situation shouldn’t be underestimated. That’s a quote from the PBoC emphasizing

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Why One Analyst Is High On High Yield

December 30, 2016October 13, 2021

High yield had a hell of a year in 2016. In fact, at least as

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1 Comment on Why One Analyst Is High On High Yield

Your 2017 Guide To European Political Upheaval

December 30, 2016October 13, 2021

I’ve spent a lot of time brow-beating no one in particular about markets’ apparent lack

Read More

3 Comments on Your 2017 Guide To European Political Upheaval

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Monthly Letter+

  • 42

Recent Comments

  • Wave Dash on Will Oracle’s Cloud Growth Stanch The Bleeding?
  • Wave Dash on Canaries And Eye Candy From Inside The AI Bubble
  • intellectually bereft on Peace Through Fire And Fury
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Monthly Letters

42

March 6, 2026March 6, 2026

Resignation

January 30, 2026January 30, 2026

The Noriega Analogue

January 3, 2026January 3, 2026

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