Goldman Trading Co-Heads Quit

Now that the vol – and trading boom – of the fist quarter is ancient history, many are wondering how revenues look like for the second quarter, which tomorrow will be half-way over. According to this update from Bloomberg, it’s hardly glowing. Goldman’s Pablo Salame and Isabelle Ealet,…

Albert Edwards: “Trump Will Soon Turn His Protectionist Fire On Germany. That Will Be Messy”

We were wondering how long before one of our favorite “perma-skeptics”, Socgen’s Albert Edwards, would chime in on the global trade war that broke out in the past few weeks, especially since trade protectionism, tariffs and subsidies are the opposite side of the same “strategic”…

Oxfam’s ‘Aid For Sex’ Scam Exposed

Authored by Raul Ilargi Meijer via The Automatic Earth blog, Oxfam. I’m wondering if I should warn this is not for the faint of heart, or say don’t read on an empty stomach. If so, hereby. I know I found it hard. The first and…

Bad Breadth Bounce: Lack Of “Buying Thrust” Suggests Retest Of The Lows

After yesterday’s late-day 500-point collapse in The Dow, many are wondering it “it” is really over or not? And today’s bounce is not holding… And there are signs that the bounce of the last week or so is that of a dead-cat, rather than a…

The Great Flynn Case Mystery

I have been wondering why Special Counsel Robert Mueller postponed the sentencing of Michael Flynn shortly after Judge Rudolph Contreras was (without explanation) recused from hearing the Flynn case and Judge Emmet G. Sullivan took over.  Here’s my supposition. VISIT THE SOURCE ARTICLE The Great…