Category Archives: Uncategorized

QOTD: The IHOP POTUS

QOTD = Quote of the Day For better and for worse, Mr. Trump is a chronic waffler. As such, the American public would do well to stay vigilant about what his administration is up to — and not be shy … Continue reading

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Gotta Love David Tepper!

Just your average, normal, billionaire Master of the Universe hedge fund manager, and owner of the Carolina Panthers on opening day Sunday. He hasn’t changed one bit since the days when we first met him and has never forgotten his … Continue reading

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Nature Beats Hollywood In Special Effects

A view of Hurricane Dorian 🌪 from the coasts of Florida. pic.twitter.com/1CgHofJ2LG — Physics-astronomy.org (@OrgPhysics) September 6, 2019

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What to expect from the August jobs report

About that 75 bps Fed cut in September….

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Promises Made, Promises Kept?

Hearing rumors out of Mexico — and we reiterate rumors — that President  Andrés Manuel López Obrador (AMLO) has made a small purchase on Amazon this morning to help President Trump keep his campaign promise that “Mexico will pay for … Continue reading

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QOTD: No Mojo For BoJo

QOTD = Quote of the Day No prime minister has lost their first vote in office since 1783 — let alone their first 3. – Axios  

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Modern Monetary Theory (MMT) Has An Argentina Problem

Proponents of Modern Monetary Theory emphasize that a country that controls its own currency and borrows in its own currency, like the United States, cannot default on its debt. This is because the central bank can, if necessary, “print” the money … Continue reading

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Does This Look Like Risk Aversion?

What Is Risk Averse? The term risk-averse refers to investors who, when faced with two investments with a similar expected return, prefer the lower-risk option. Risk-averse can be contrasted with risk seeking.  – Investopedia The price has risen 30% since June alone, when … Continue reading

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Rent Control Issues Hit 7-year Bond Auction

At least, that is our view. We have worried out loud how global interest rate repression may cause ugly bond auctions. A problem that similarly arises in the rent-controlled housing market. …we are watching the Treasury auctions closely and suspect … Continue reading

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Are Central Banks Ready To Break Their Codependency?

Breaking our radio silence as we couldn’t help ourselves after reading former NY Fed President William Dudley’s piece imploring the Fed to stop enabling Trump’s  trade war. It sounds like central bankers are starting to realize they are, and have been, … Continue reading

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