Blain: "Why We Are Facing A Tsunami Of Creative Destruction"

When the market welcomes a bank being fined $4.9 bln, that’s a good thing… ???  Or when headlines speak of “Berlusconi green lighting an Italian populist government”, the market doesn’t panic more? What about Malaysia – and what we thought we knew about EM. Wake up and smell the coffee moments all around.

  • May 10, 2018 6:19 AM

Goldman Warns Hedge Funds Are On The Verge Of Liquidation

"If the S&P 500 takes another turn lower, popular positions will likely underperform, with mutual fund and retail favorites particularly vulnerable, while hedge fund favorites look poised to outperform if the market continues to rally."

  • May 8, 2018 1:18 PM

DiMartino Booth Reveals "The Great Contagion"

"All of these products were born of central bankers with no self-control, individuals who’ve long since demonstrated that they are lacking in common sense. The fact is, they’ve gorged together and fed each other’s risky markets in concert. Now comes the time for the real discovery, the revelation of the feedback mechanisms that will infect each other’s markets and economies."

  • May 4, 2018 5:05 PM

Frontrunning: May 4

  • Trump Gambit Over Disclosing Porn-Star Payment Stuns Staff (WSJ)
  • U.S. Wants $200 Billion Cut in China Trade Imbalance by End of 2020 (WSJ)
  • Here's What the U.S., China Demanded of Each Other on Trade (BBG)
  • Small manufacturers tap the brakes as tariffs bite (Reuters)
  • May 4, 2018 8:00 AM

AFL-CIO Demands We Never Use The Self-Serve Checkout

"It’s not convenient for me to help corporations fire workers so they raise their profits. I stand in line and when the lines back up, the store calls more cashiers to the front. If we keep doing it, they’ll need to hire more people. NEVER SELF CHECKOUT."

  • May 2, 2018 8:05 PM