Meltdown

Mainstream Media Meltdown: 'Journalists' Seek 'Safe Space' To Discuss "How To Cover Trump"

After the president-elect's first press conference since the election this week, it appears the mainstream media is in need of a 'safe space'. As The Hill reports, so-called journalists from the Huffington Post, Slate, CNN, and Univision will gather days before Donald Trump’s inauguration to publicly discuss "how the news media can and should proceed to cover" the president-elect.

BofA Warns Of 'Icarus' Trade: "A Wobble Then A Melt-Up... Followed By A Melt-Down"

"After a Jan/Feb wobble, we believe stocks & commodities will have one last 10% meltup in H1," explains BofA's Michael Hartnett in his latest note, but, he adds, by the end of 2017 we will see a "meltdown." BofA awaits the endgame of the so-called "Icarus Trade" amid unambiguous signs of bullish investor Positioning, bullish Profit expectations & hawkish Policy from Fed/ECB, as well as outperformance from laggard risk assets; before calling for the Big Short.

A Biased 2017 Forecast, Part 1

"We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events..."