Should Have Just Gotten Drunk.
Anyone home out there?
Anyone home out there?
“Say what you want about the guy, but if Trump has an area of expertise, it’s cheap credit. To think he will follow through with his campaign promise to return the Federal Reserve to an era of discipline is naive.”
The most common question from clients is, “When will the rally end?â€
Fuhgeddaboudit.
Fasten your seatbelts.
“Let me in.”
We have to win more.
But whatever the case, his “shock and awe” subsidies decision ultimately led Sen. Lamar Alexander and Sen. Patty Murray to reach a short-term deal to keep the entire healthcare system from falling apart.
“Dear Jamie. Last week you said a few things about Bitcoin” …
If you were looking for clarity on anything, today was most assuredly not your day.
“Two rockets flew over the land mass of Japan and nothing happened.”
This kind of complacency is in the face of multiple flashpoints and powder kegs is “unwelcome.”
“Successful trading depends on a delicate balancing act between confidence and fear. If you stray off the path, it’s best to take a few minutes to get your bearings before rushing headlong again.”
“Traders are positioning to chase equities into year-end for a possible rally that the popular press has termed as a ‘melt-up’ or ‘blowoff’ scenario [as] the equity market rally from the 2009 bottom has been the second longest, right after the one preceding the Dot-com crash.”
It’s Friday the 13th…
There’s always tomorrow…
Famous last words? “The long-term history with this situation is that it’s a lot of posturing and not much reality.â€
Stay tuned. The ratings will be “tremendous.”
Come one, come all.
And now, back to your regularly scheduled programming…
“Coming fresh to a place where much of the discourse was accepted or assumed by the very smart economists on the FOMC and the Fed staff helped me to see where some of that received wisdom was not holding-up well in the circumstances we were facing.”
Although you’d be forgiven for asking where the “calm” was.
“There’s no domesticated animal species that has had more of a reputational fall from grace than the sheep. To call someone a sheep today is just about the worst insult there is. To call someone a sheep is to call them stupid and — more pointedly — stupidly obedient and in thrall to some bad shepherd.”
“To be a moron.”
“Here is my new prediction.”
“These estimates contain considerable uncertainty.”
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