Monthly Archives: June 2019

If Mexico doesn’t stem migrant flow? – BBC News

Our main market mover focus used to be capital flows. Now, migrant flows?  Come on, man! The US has proposed a “safe third country” agreement with Mexico, if migrant arrivals to the US border are not reduced by mid-July. What … Continue reading

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Class Act

I have always been a bit ambivalent about baseball great, Albert Pujols (AP), who now plays for the Los Angeles Angels of Anaheim and returned to St. Louis tonight for the first time after playing for Cardinals from 2001-2011.   But not … Continue reading

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The Innate Angst Of Inequality

Just a short but  very interesting follow-up video to our last post,  When 50 Percent Of U.S. Households Were Insolvent, which illustrated the stunning and parabolic growth of wealth inequality in the United States. We feel this post is necessary and very relevant … Continue reading

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When 50 Percent Of U.S. Households Were Insolvent

Not that long ago, by the way. My good friend, David Jones, sent over some new data this past weekend.  We have been busy. Our First Take Not a lot of prose tonight as we will let the data and … Continue reading

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Doubtful ECB Can Prevent Recession – O. Blanchard

Take a few and listen to O., well worth your time.  Olivier Blanchard, the former IMF chief economist and part of our elite “One Smart Dude Club (OSDC)”, speaks on the ECB’s monetary policy and the tools it has available … Continue reading

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S&P500 Key Levels

Snoozefest until the FOMC on Wednesday.  Lots of Doji candles reflecting traders don’t wanna do jack all.  Volume running at about 90 percent of the 10-day moving average. Market expecting no rate cut, though a 20 percent probability is not … Continue reading

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Are Italian Mini-Bots Coming For You?

Are the ‘bots about to start trading Italian mini-BOTs? Talk of a parallel currency in Rome is spooking some in the analyst community. A proposal is being kicked around to issue small-denomination bonds — so-called mini-BOTs (short-term treasury bills) —  … Continue reading

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S&P500 Key Levels

After rallying 6.66 percent from the bear trap low last Monday to yesterday’s high of 2910.16,  the S&P is now consolidating that big move.  The ‘bots have mastered the art of the bear trap.   F**k wads! The 50-day moving average … Continue reading

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Coming To The Louvre

“Siri, what is art?” pic.twitter.com/gSSA1JXCxR — Jeff Eisenband (@JeffEisenband) June 11, 2019

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What To Expect When America Starts Electing

It’s 511 days to the 2020 Presidential election and we sense a total disconnect between the movement in the polling data and market expectations of the outcome.  It reminds us of our conversation with a hedge fund manager one month … Continue reading

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