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In the hyper-real casino, everyone has access to the terrors of losing, but only a few know the joys of the rigged games that guarantee a few big winners by design...

when a conservative majority in the Michigan Supreme Court denied Gov Whitmer's to extend the emergency powers which she invoked to curb the spread of the coronavirus, declaring it unconstitutional.

FMS respondents said the recession is over, reduced cash, paused the cyclical rotation, and price-in contested election & February
vaccine.

"They want to show the trains are out there even if they’re unsafe because it’s the governor’s pet project."

This is the seventh price cut for Tesla in China alone this year.

The report cited emails that government officials sent on Tuesday to researchers at testing sites, which the company confirmed

"Polls can be wrong. Especially when it is harder and harder to find people who have the time and energy to answer a survey, a process that naturally leans towards the wealthier and more politically active."

...the fundamental relationship between the stock market and the economy has changed. Believe it or not, strength on Wall Street is now driven by weakness in the broader economy.

We are about to have a true test of just how "conservative" the appointment of ACB will be.

MMT notes that bank loans create deposits not the other way around. Well... it's obviously wrong.

It looks easy, doesn’t it? Managing a portfolio...

They're not speculating, they're investing for the future...

...the trick again is that “short Gamma” can cut the spot market both ways, just as experienced in the Aug rally then followed by the Sep swan dive...

...as the dollar spikes, precious metals are getting clubbed like a baby seal.

"With so much liquidity from central banks it is a difficult macro environment to run sustained short positions."

...retail positioning is once again very long-biased... monetary policy intervention has once again removed all “fears” of a correction, recession, or bear market...

The Nasdaq meltup just won't stop until Masa Son has gamma-steamrolled over every dealer.

The biggest reason for the surge in EPS was the plunge in loan losses, which dropped by a whopping 60% from the $1.5 billion set aside last year to just $611 million, a quarter of the $2.4 billion analysts had expected JPM to set aside.

"Nobody buying $10 billion of Nasdaq over a few weeks is going to move the Nasdaq. We’re not even a dolphin; forget being a whale.”