Frontrunning: June 15

  • Trump Hits China With Tariffs, Vows More If It Strikes Back (BBG)
  • Trump announces 25 percent tariff on Chinese technology (Reuters)
  • Merkel's government frays as migrant row festers in Germany (Reuters)
  • Trump Insiders Seek Pardon for ‘Junk Bond King’ Michael Milken (BBG)
  • Jun 15, 2018 8:55 AM
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Big Tech's Numbers Game Hides Many Sins

The art (not science) of financial engineeringcamouflaging a rise in leverage which boosts present and future earnings for the purpose of sustaining a bull equity runis most sought after when irrationality in capital markets is at its strongest.

  • Jun 14, 2018 5:05 PM
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