"Once a doomed victim had their still-beating heart carved out, priests would carry the lifeless body to a ritual space - then decapitate it face up using obsidian blades sharper than today's surgical steel..."
"Mueller doesn’t have a case and he knows it. Now he will save face by passing off the investigation to underlings... Meanwhile, the rest of us get respite - until the next drummed up load of horse manure masquerading as high crimes and misdemeanors appears on the scene. "
Members of the violent, far-left Antifa movement are praising a New York University faculty member as a "hero" for publishing the names and locations of 1,595 ICE employees online...
Relative to consensus we remain bearish on financial assets. We believe peak asset Prices in 2018 are consistent with peak investor Positioning, peak corporate Profit expectations, and peak Policy stimulus
Once again, summer looms with low implied volatility, tight high yield spreads and persistent leadership by US equities and tech. On the surface, it looks a lot like last summer. It’s not.
For now, the initial bullish response in the Turkish Lira may be all we get: those looking for a more definitive reaction will have to wait until Erdogan makes a comment on the future of monetary policy and the fate of the Turkish central bank.
"Simply put, there is a perfect storm now arising in Europe as the consequences of a number of policies converge into this period of time...It looks like we are entering the end of Merkel-ism in Europe. "
As widely expected, China's central bank announced it would cut the Required Reserve Ratio (RRR) for some banks by 0.5% effectively July 5, just over two months after the PBOC did a similar cut on April 17.
...all of this has spooked the Fed into trying to protect the dollar by hiking interest rates more quickly, which raises the question: will the Fed opt for more of what Gromen calls "shooting the hostage?"
“He didn’t do anything wrong, and for him to be snatched from his family, the emotional impact that’s going to have … it’s just going to follow him throughout his years.”
U.S. policy in Honduras, particularly during the Obama administration, is directly responsible for part of the immigration crisis now gripping the US...
"The market over-weights any new information that reminds it of the risk-parity paradigm.” People see what they want to see, hear what they want to hear. “Even though that paradigm is so clearly changing.”
