No Wonder Men Are Opting Out

The yoke is off. The men have looked at what’s on offer. And many have, with considerable rationality, decided to go and play video games instead...


The Trillion-Dollar Man

If he had any, Bernie would be pulling his hair out at the prospect of Elon Musk becoming a trillionaire...


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The Coup Abides

...efforts to undermine Trump haven't really ended... they're just continuing in a different form...

Crude sees two-way trade amid conflicting US/Iran reports, meanwhile Waller goes hawkish - Newsquawk US Market Wrap

Negotiations in Tehran have reportedly reached an understanding on broad outlines regarding the nuclear issue, however, differences between sides are very deep; Trump said to be frustrated and may decide on "decisive action" against Iran; Qatari and Pakistani officials arrive in Tehran to help secure a deal; Fed's Waller goes hawkish, and pushes for easing bias in statement to be removed; UoM consumer sentiment hits record low; Kevin Warsh sworn in as new Fed Chair; China launches major crackdown on cross-border stock trading

Nobody Fears Downside Anymore

BofA’s Bull & Bear Indicator just hit 8, officially triggering one of Wall Street’s most closely watched contrarian sell signals.