Yes, it was just three scant years ago that we were treated to all the ballyhoo and tosh about the Paris Agreement and how it was going to save the world.
Every time this market has gone a bit sour over the past 6 years, they’ve found a way to goose it higher.
... it was not merely to line the pockets of the well-connected that the war was fought... it was a chance to change the very consciousness of an entire generation of young men and women
Will this actually help prevent another flash crash? Will the database do what it's supposed to do?
Speaking of Madness, I’m on record saying that AI is a very dangerous thing. Opening areas that will have social impacts.
Endless US launched war in Syria rages. Is aggression on the Islamic Republic coming? Will Trump regime hardliners dare embroil the region in something far more dangerous than already?
Censorship is not harmless folks. When they control the narrative to the point where the only thing you can hear is their version of things, then we’re well on our way.
Quantitative Tightening means that all those dollars that were thrown around the world over the past decade are now being sucked back into the US.
The old adage on Wall Street is that the market climbs the steps going up, but takes the elevator down. It certainly does.
I didn't exactly coin the term, but I'll take credit for identifying it before it existed.
Fair value is not a fail safe, doesn’t always tell you where things are going to open, and becomes useless just minutes into the day.
This is the problem with criminality. Like a cancer, if it is allowed to fester in one part of society it will, sooner or later, spread to others.
I wish it wasn’t so, but as you can see, the worlds in a bit of a mess right now and as we approach the mid-terms, I think all manner of hell is going to break loose.
... it is entirely possible that the next major war will be fought not by human soldiers but by telepathically controlled drone swarms and autonomous weapons. I mean, humans will die, of course, they just won't be required to do the fighting.
A real, workable, viable peace treaty isn’t even on the table. And, sadly, given the repeated signs that the US is not negotiating in good faith, it seems exceedingly unlikely that we’ll see such a deal any time soon.