GET OFF HIS DAMN LAWN...
"...the last standing bears have capitulated and everyone is in the pool..."
Biden is cooked, and if he somehow stays in office, we're all cooked...
"...a bifurcated economy where the aggregate numbers are supported by massive government spending and a limited number of wealthy people. Most of the country isn’t doing great..."
...market makers have never been this long of SPX option gamma...
Says they should be given microphones and allowed to talk for him...
Usually the macro calendar goes quieter the week after payrolls but that's not the case now as there’s a lot to digest this week with the US CPI report (Thursday) and Fed Chair Powell's testimonies on Tuesday and Wednesday the obvious highlights.
"One would think that the Madisonian Democracy was being replaced by a John Wick Republic..."
"Unfortunately, this is what society has become now with armed guards guarding merchandise from the retailer because there seems to be a sense of lawlessness in our society."
MMT takes “monetary policy” concepts to their logical conclusions...
...while Adam Schiff tells NBC Biden should seek opinions beyond his family's
The Biden campaign learned nothing from the debate about coverups. This is not confidence inspiring...
"Life-threatening storm surge and heavy rainfall is ongoing..."
About 18% of the 500-plus hedge funds tracked by data provider Hazeltree, had a short position on Tesla at the end of June, the highest percentage in more than a year
£270 million spent and not one single illegal immigrant was removed...
Get the popcorn...
- European bourses are entirely in the green, paring initial losses as markets digest the fallout from the French second-round parliamentary election
- French second-round election results pointed to a hung parliament in which the left-wing New Popular Front surprisingly won the most seats followed by Macron's centrists and with the far-right National Rally in third place
- DXY is incrementally softer & EUR scales back initial French-induced losses
- Bonds are incrementally softer, with USTs underperfo
MV Chuan Hong 68 and the entire crew is being held for paperwork violations including port clearances and having 60 unregistered LPG containers aboard and not illegal scavenging.