World Economic Fuck'em

Deregulate To Regulate Submitted by Molly Schwartz, Cross-Asset Marco Strategist at Rabobank We have maintained the view that markets are sorely underestimating the impact that the war in Iran will have on global economies and financial markets, and that one day there would come a reckoning. While markets are still highly volatile and the situation in the Middle East highly uncertain, yesterday’s price action suggested that some traders are getting a reality check. Remember folks, we’re still in a ceasefire! The iffy terms as to whether other countries in the region like Israel,...

Here is the non-news news flash up front — The alleged ceasefire between the United States and Iran is kaput. While there has been no official announcement stipulating that it is over, trust me, it is over. The copium in the Trump administration in particular, and in Washington, DC in general, is ridiculous… Proclamations of a great […]