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Subdude commented Jun 6, 2020I think high yield corporate debt is likely the first shoe to drop, garbage bonds have been bought up like hot cakes. Hertz/Neiman Marcus/etc are just canaries in the coal mine.
The Employment Situation -- May 2020
- Subdude commented Jun 5, 2020
Something doesn't add up here - anyone else noticing this? Every week, Dept of Labor releases number of people who filed for unemployment benefits for the first time in the preceding week. For the month of May, those numbers were as follows (source ...
The Employment Situation -- May 2020
- Subdude commented May 7, 2020
Get in the ring, mofo!
Treasury Secretary Mnuchin gets in Twitter tiff with Axl Rose
- Subdude commented Oct 10, 2019
3 years later, no deal and no plan, 3 weeks before the deadline. All you need to know is here: "That leaves no time to pass it through Parliament."
Varadkar: Possible pathway to deal seen in coming weeks
- Subdude commented Jun 27, 2018
Oh enlighten me please. I was under the impression that this tariff war was about a small group of nationalistic-minded morons hijacking the democratic process and going against the overwhelming majority of business and political leaders of the ...
Canada said to prepare steel quotas, tariffs on China, others
- Subdude commented Jun 26, 2018
This headline makes absolutely no sense.
Canada said to prepare steel quotas, tariffs on China, others
- Subdude commented Apr 12, 2018
I only referred to well documented, factually verifiable events. You on the other hand, are still living in the mythical land of "would have, could have, if only". You really have nothing left if you are still clinging on to non-scandals like ...
White House says Trump believes he has the power to fire Special Counsel Mueller
- Subdude commented Apr 12, 2018
I'm surprised that there are any rational adults left that take anything that comes out of his mouth as an indication of a deliberate, strategic intent to do anything of consequence. "Trump will be Trump"... and now with even less adult supervision, ...
U.S. Plans to strike 8 targets in Syria
- Subdude commented Apr 10, 2018
You go ahead and read what you want into it. I posted the comment to this story for a reason. As an exercise, go and compare percentage of Trump's cabinet officials in the first year of his administration, that have either: * quit * been fired * ...
White House says Trump believes he has the power to fire Special Counsel Mueller
- Subdude commented Apr 10, 2018
No, that would still be step 4 if you read carefully. There is no step 6 in this playbook - take it however you want.
White House says Trump believes he has the power to fire Special Counsel Mueller
- Subdude commented Apr 10, 2018
Trump is acting like a typical mafia godfather, with a couple of exceptions. Step 1. Hire a bunch of thugs Step 2. Demand their loyalty Step 3. When their misdeeds become public: a. Attempt to discredit reports of their misdeeds b. Replace them with ...
White House says Trump believes he has the power to fire Special Counsel Mueller
- Subdude commented Apr 10, 2018
Good luck to all who are going long on the "he said, she said" schizophrenic news. Has Xi announced they will cancel the tariffs on U.S.? I didn't think so... by Thursday the markets will be down another 5%, then up 3% the next day, and on we go.
China's President Xi says China will lower import tariffs for autos and other products
- Subdude commented Apr 9, 2018
If you don't want details, don't click on the link and just read the headline and summary. After all, Trump himself doesn't care about nuances so why should you?
F.B.I. Raids Office of Trump’s Longtime Lawyer Michael Cohen
- Subdude commented Apr 9, 2018
Aww, still friends even though no more benefits? How cute!
President Xi and I will always be friends, no matter what happens with our dispute on trade....
- Subdude commented Apr 5, 2018
Audits don't stop anyone from releasing returns - it's just another lie. As for the votes, check to see how his hometown voted in the election. It's very consistent with Bloomberg's view.
We are not in a trade war with China, that war was lost many years ago by the foolish, or...
- Subdude commented Apr 5, 2018
At first, I was willing to take you somewhat seriously. Until I read the line above. What in his track record convinced you he is anything close to a good negotiator? His 5 bankruptcies? Running a casino out of business (let me repeat - a casino he ...
We are not in a trade war with China, that war was lost many years ago by the foolish, or...
- Subdude commented Apr 4, 2018
Really now? So Kudlow or Trump says "don't be afraid, we are not in a trade war" and the market goes up 1000 points... I would say this is an incredible opportunity to an observant short seller. I am going to take a contrarian view to Buffett here ...
We are not in a trade war with China, that war was lost many years ago by the foolish, or...
- Subdude commented Mar 27, 2018
There's no "unify" for OPEC, and much less non-OPEC producers. They have pretty vast geopolitical and religious differences (think Iran vs Saudis), and really are mostly in it for themselves. Their recent production cut agreement is just a temporary ...
OPEC seeking 10-20 year supply cooperation with Russia, other producers, says Saudi Crown...
- Subdude commented Mar 27, 2018
I'm not following you - are you saying they are going to limit their production, so the U.S. could step in and take most of their market share away from them?
OPEC seeking 10-20 year supply cooperation with Russia, other producers, says Saudi Crown...