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We discuss two videos in one here, the first is some mentoring advice to struggling traders, and the last half is some specific market education that will help struggling traders develop some of the fundamentals needed to properly analyze daily price action in financial markets related to tracking the fund flows.

The World Is Awash In Bullshit

"Politicians are unconstrained by facts. Science is conducted by press release. So-called higher education often rewards bullshit over analytic thought. Startup culture has elevated bullshit to high art. Advertisers wink conspiratorially and invite us to join them in seeing through all the bullshit, then take advantage of our lowered guard to bombard us with second-order bullshit..."

Sean Spicer Gives First Official White House Press Conference - Live Feed

With CNN comparing White House press secretary to Baghdad Bob after his five-minute statement on Saturday that was widely criticized for containing false claims (or "alternative facts"), Sean Spicer is set to give his first official press briefing for President Donald Trump this afternoon. We wish Spicer the best of luck in this potentially career-defining moment...

El-Erian Warns "Investors Are Underestimating Sudden Policy Shifts"

"...the more central banks persist in erring on the side of too much stimulus rather than too little, amid changing economic and fiscal conditions, the greater the potential need for a sudden shift in monetary policy that, while economically warranted, could be quite jarring for markets... and investors may be underestimating as judged by market metrics, including measures of implied volatility."

Russian Warplanes Fly First Joint Mission With US-Coalition Aircraft Kremlin Says, Pentagon Denies

Russian and Turkish combat planes have carried out a new series of joint airstrikes against Daesh targets in war-torn Syria, the Russian Defense Ministry said on Monday. "The Russian and Turkish planes carried out joint airstrikes against Islamic State terrorists in the outskirts of the town of al-Bab in Aleppo province on January 21," the ministry said in a statement.

 

The Smoothest Transition Ever (For Markets)

By most mainstream media accounts, the first weekend of the Trump Administration wasn’t good. Characterized as rocky, erratic, terrible, and full of false claims, the ‘not ready for prime time’ transition team is now the ‘not ready for prime-time administration.’ However, as Bespoke details, by at least one measure, though, the Trump Administration’s transition has been pretty smooth... in fact, the smoothest ever for markets.

Trump Warns "We Are Going To Be Imposing A Very Major Border Tax", Will "Cut Regulations By 75%"

One look at the Dollar Index in the last week and it's clear just how 'variable' President Trump's position has been on trade and so-called 'border adjustments'. In the space of a few days, he has swung from being against a border adjustment, to possibly being for it, and now today confirming that "we are going to impose a major border tax." Yen, Peso, and Loonie are all sliding further on the headline...