Confused By What's Going On? "Someone Always Knows"

Washington DC has become as leaky as Williams Sonoma’s finest colander, and every major hedge fund has their sources of information there: No one wants to buy the dip if a real seller with better DC sources caused it.

  • Mar 23, 2018 8:57 AM

Frontrunning: March 20

  • Officials Call for Aggressive Probe Into Facebook (WSJ)
  • How Facebook Made Its Data Crisis Even Worse (BBG)
  • Trump to boost exports of lethal drones to more U.S. allies (Reuters)
  • U.S. Plans Heavy China Tariff Hit This Week (BBG)
  • The Latest: Package Bomb Explodes at FedEx in Texas, 1 Hurt (BBG)
  • Mar 20, 2018 8:22 AM

Advance Data Signals Biggest US Trade Deficit In 10 Years

For the fifth month in a row, the US trade balance went deeper into deficit (if the advance data holds), hitting a larger than expected -$74.4bn in January - the biggest deficit since July 2008 (in the middle of the last recession).

  • Feb 27, 2018 8:48 AM

Frontrunning: January 4

  • Stocks records tumble, oil at highest since 2015 (Reuters)
  • Massive Winter Storm Threatens East Coast With Snow and Floods (BBG)
  • Boston, New York Bear Brunt of Canceled Flights Before Storm (BBG)
  • Bitcoin Is a Hit in Countries Where Locals Face Currency Troubles (WSJ)
  • Trump's welfare plans have Republicans on edge (Reuters)
  • Jan 4, 2018 8:09 AM