OTC

FANG Futures Launch

"There is nothing wrong with observing that the new era tech stocks are stupidly overbought, and that the risks are to the downside in the coming months. You can be bearish on FANG without thinking all stocks are going to zero."

Ray Dalio Is Shorting The Entire EU

"Dalio doesn’t call the bluff of Italy, and this is not just like George Soros’ shorting the British pound in 1992, he’s calling out the entire EU and its financial system. He’s saying I don’t believe you can keep up the charade. He’s making a mockery of Mario Draghi’s 'whatever it takes'..."

Credit, Crypto, & Kuroda's "Bat-Shit-Crazy Monetary Expansion"

"This is bat-shit-crazy monetary expansion. Forget about arguing whether it is appropriate or needed. It doesn’t matter...What I find amazing is how complacent the markets have become about all of this...There will be consequences, we just don’t know what they are yet. Get your insurance while you can, not when you have to… "

BIS Finds Global Debt May Be Underreported By $14 Trillion

"Contracts worth tens of trillions of dollars stand open and trillions change hands daily. And yet one cannot find these amounts on balance sheets. This debt is, in effect, missing" the BIS finds in its latest quarterly assessment, which is a concerning as "the missing debt amounts to some $13-14 trillion."

The 1% Has Started To Embrace Bitcoin - Why It Matters

"2017 has been the year when an increasing portion of the 1% finally started to embrace Bitcoin... more wealthy people moving into the space helps provide some degree of political protection since we know that people with significant financial resources influence public policy. "

"I Hear Drake Has An ICO Coming..."

"When you see the waft of ICOs (Initial Coin Offerings) hitting the market, you have to ask yourself what these 'investors' are smoking..."

Soros' Worst Trade

"...the seller was high-stakes Wall Street investor, George Soros. 'You ought to talk to George about that trade, if he’ll talk to you', Rubin suggests... 'Motty. He was long up the ying yang and he panicked." I just remember it as the day I out-traded the great George Soros."