Don't look at economics, politics, televisions. Just look at flows, buy, and see prices go higher. It's just like a computer game.
Fundamentals are so last century.
PAR07:19:35 GMT - 06/02/2020
French govt cuts 2020 GDP forecast to -11% from -8%. This is well below the consensus estimates of -9%.
PAR05:28:02 GMT - 06/02/2020
Markets higher as Trump promises to send in the troops.
This will calm the situation. The algos like it.
dc CB 20:56:10 GMT - 06/01/2020
Alice, you're not in Kansas anymore.
Res ipsa loquitur – The thing itself speaks
While many have condemned Antifa and similar groups for destroying Minneapolis and other cities, Minneapolis city council member for Ward 5 (and son of the Minnesota Attorney General Keith Ellison) Jeremiah Ellison tweeted Sunday that he is not among them. Indeed, he is declaring his support for Antifa. Some of us have long opposed Antifa as a vehemently anti-free speech group. Ellison does not seem to include free speech among his priorities for voters in Ward 5.
“I hereby declare, officially, my support for ANTIFA,” Ellison said. “Unless someone can prove to me ANTIFA is behind the burning of black and immigrant owned businesses in my ward, I’ll keep focusing on stopping the white power terrorist THE ARE ACTUALLY ATTACKING US!”
The Federal Reserve Bank of Atlanta's GDPNow index suggests US GDP will retract -51.16% in 2nd quarter vs -40.39% in its previous release on May 28. (BBG) https://pic.twitter.com/jgY8MdbKbk
dc CB 15:10:58 GMT - 06/01/2020
Yesterday we discussed the four arrests associated with two attacks on New York police officers using Molotov cocktails. It is now being reported that one of the defendants arrested, Colinford Mattis, 32, is a furloughed Pryor Cashman associate. Mattis is a graduate of New York University and Princeton University. He was reportedly arrested with a second attorney in the attack. Mattis is accused of driving a van and passenger Urooj Rahman, 31, threw a Molotov cocktail. Rahman is reportedly a human rights lawyer but also recently lost her job.
An NYPD surveillance camera reportedly recorded Rahman throwing the device toward a NYPD vehicle in Fort Greene.
I always knew I got something in common with him, thanks to you I know what :)
PAR14:19:04 GMT - 06/01/2020
You can increase Fed balance sheet & money supply as much as you want, if the money goes into asset transactions rather than GDP transactions it will not be inflationary, DB shows. For past 20yrs, increase in money supply relative to GDP is having a negative impact on inflation
Mtl JP 14:03:22 GMT - 06/01/2020
MacroMicro 13:50 that alleged guru from omaha is fond of saying that what he does not understand he stays away from
maybe there is something to his principle ?
Israel MacroMicro 13:50:23 GMT - 06/01/2020
American soldiers kill American citizens and markets expected to accept such as reasoning for a rally.
far beyond my capacity to understand
dc CB 13:39:03 GMT - 06/01/2020
"Markets Are Again Proving Immune to Violence"
images from the Daily Mail.
Santa Monica California --- sunday
immune to violence
markets, when not flat, are epitome of violence
empathy: yes ; sympathy: no
"perro come perro"
PAR12:09:06 GMT - 06/01/2020
Markets are again proving immune to violence: Stocks have a history of rallying after riots, from the US in 1968 to London in 2011. S&P 500 plunged in 1969, but the social and political trauma of 1968 wasn’t reflected contemporaneously in stocks.
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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