Frontrunning: April 3

  • Tech Selloff Hits Europe and Asia (WSJ)
  • Dollar shrugs off U.S.-China trade tensions; euro gives up gains (Reuters)
  • China to Respond to New U.S. Duties With ’Same Scale, Intensity’ (BBG)
  • Facebook Data Scandal Has Left Zuckerberg Isolated in Tech (BBG)
  • Apr 3, 2018 8:04 AM

Blain: "The Market Mood Has Changed For Two Reasons"

"Should we be increasingly concerned about the fractious market mood triggering a stock crisis, a slide in global sentiment and the flat yield curve proving right about slowing economic activity? A global recession?"

  • Apr 3, 2018 6:11 AM

'The Gig Economy' Is The New Term For Serfdom

"The corporate architects of the new economy have no intention of halting the assault. They intend to turn everyone into temp workers trapped in demeaning, low-paying, part-time, service-sector jobs without job security or benefits, a reality they plaster over by inventing hip terms like 'the gig economy'..."

  • Apr 1, 2018 7:25 PM

BofA: This Is "The Last QE Trade"

In what BofA's Chief Investment Strategist, Michael Hartnett, has dubbed "the last QE trade", Japan registered the second biggest inflows on record of $5.8bn & annualizing record $149.3bn inflows for 2018

  • Apr 1, 2018 10:01 AM

Location, Location, And Nerve Agents

"We know Facebook is trying to screw with your brains. Well, they’re not the only ones. Your government - and 'intelligence' services - want the monopoly on that, too... But I can tell you this: if you think that Russia or God forbid Putin, ‘poisoned’ the Skripals, you’re so wrong you’re beyond salvation."

  • Mar 30, 2018 6:00 AM