Trading Your Own Way
Don't be greedy, share it:

Archive Monthly Archives: March 2018

Ann Coulter Slams "Lazy Ignoramus" Trump: "All He Wants Is Goldman To Like Him"

Following the passage of the $1.3 trillion omnibus spending bill last Friday, right-wing pundit Ann Coulter has been on the war path against President Trump – who she called a “shallow, lazy ignoramus,” that isn’t “giving us what he promised at every single campaign stop.” Speaking candidly to a Columbia University audience comprised largely of College Republicans […]

Continue reading

Trump: "Amazon Pays Little Or No Taxes, Puts Thousands Of Retailers Out Of Business"

The main driver behind yesterday’s latest FANG plunge, was a report in Axios, according to which it was not Facebook that Trump wants to go after, but rather Amazon: “He’s obsessed with Amazon,” a source told Axios. “Obsessed”, and added that Trump has allegedly talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop […]

Continue reading

Ross Ignores Beijing's "Pandora's Box" Warning, Says China Tariffs Imminent

Just when investors thought trade war tantrums were ebbing… Despite warnings overnight from Beijing that US should “not open pandora’s box” with regard trade tariffs, US Commerce Secretary Wilbur Ross confirmed on Bloomberg TV this morning that President Trump will announce sweeping China tariffs, aimed at countering IP theft, shortly. The US “is not strong-arming” […]

Continue reading

The New Frugal Normal? US Savings Rate Rises As 'Buying Plans' Tumble

For the 26th straight month, US spending growth has exceeded income growth. Both income and spending were in line with expectations but the much-watched PCE Deflator was a little hot (+1.8% vs 1.7% exp) at its highest in 11 months.   Which meant that Real Personal Spending was unchanged in February, after dropping 0.2% in […]

Continue reading

"Want To Freak Yourself Out?" Here Is All The Personal Data That Facebook/Google Collect

The Cambridge Analytica scandal was never really about Cambridge Analytica. As we’ve pointed out, neither Facebook nor Cambridge Analytica have been accused of doing anything explicitly illegal (though one could be forgiven for believing they had, based on the number of lawsuits and official investigations that have been announced). Instead, the backlash to these revelations […]

Continue reading

Trader: "The Probability Of 10Y Yields Collapsing Is Much Higher Than Most Realize"

One day after he correctly warned that equities have not yet bottomed – just hours before the Dow Jones tumbled from up over 200 to down over 400 points at one point as the tech sector imploded – this morning former Lehman trader and current Bloomberg macro commentator Mark Cudmore issues another warning, this time […]

Continue reading

Shire Soars On News Of Possible Takeda Takeover

Japan’s Takeda Pharmaceutical said it is considering the acquisition of Shire PLC whose market cap of $40 billion (before the announcement) makes it one of the world’s largest pharma companies. Takeda said a deal with Shire would create a global biopharmaceutical leader, strengthening the Japanese company’s core therapeutic areas of oncology, gastrointestinal disorders, and neuroscience. […]

Continue reading

S&P Futures Rebound From Tech Wreck, But 10Y Yield Breaks Key Support

Following yesterday’s violent and unexpected equity selloff, driven by a so-called “tech wreck” as the FANG+ index dropped by 5.7%, the most on record, and stood on the edge of a key support line precipice… … this morning, global stocks are predictably lower across the globe, as the tech sector fallout spreads across Asia and […]

Continue reading

Facebook Changes Privacy Tools, Allowing Users To Delete Data

Responding to public and political outrage, on Wednesday morning Facebook announced a reorganization of the privacy settings that users and have long criticized as a seeming afterthought, and which will provide for better privacy data control and make it easier for users to find, download and delete data — changes that come as the company […]

Continue reading

NRA Responds To Accusations Of Funneling Foreign Funds To Trump Campaign

The National Rifle Association says it received foreign funds, however none of the money was used for election purposes, the gun lobby wrote in a letter to Senator Ron Wyden (D-OR). “Our review of our records has found no foreign donations in connection with a United States election, either directly or through a conduit,” said […]

Continue reading