THE MIRROR OPPOSITE

There are market moments seared into my brain. While most days and weeks blend into an ugly boring collage of flickering numbers on the screen, there are some periods forever burnt into my memory. Eight years ago was one of...

HOW UNPATRIOTIC OF ME

Last night Trump backed away from the proposed Border-Adjustment tax plan the Republicans had been touting. From the WSJ: President-elect Donald Trump criticized a cornerstone of House Republicans’ corporate-tax plan, which they had pitched as an alternative to his proposed...

IGNORE AT YOUR PERIL

They’re at it again. It isn’t enough that the Federal Reserve’s tighter monetary policies are hamstringing global economic growth, but over the past week a few different Fed officials floated the idea of reducing the size of the Fed’s balance...

A TALE OF TWO MANAGERS

There were a lot of tongues wagging at Crispin Odey’s recent performance numbers. The outspoken UK based hedge fund manager managed to lose 49% in 2016. That’s a big loss, even for Odey. Although many pundits like to shit all...

COPPER/GOLD VS. BOND YIELDS - SO WHAT?

It’s that time again. Time for the newly anointed Bond King to emerge from his private office with the strange noises to grace us with his wisdom filled charts that quickly get passed around as traders rush to copy the...