BIS annual report; Fed’s third mandate; China capital flight and tourism; Seattle min wage experiment continues; Everyone in a room keeps giving dollars to random others. You’ll never guess what happens next; an Uber for toilets; other stuff.
TFW you cold-call the office of Montana’s Commissioner of Securities and Insurance to pitch an investment; Uber renamed the “War Room” to the “Peace Room”; Vatican tailors, cobblers try to adapt to Francis’s ‘papal athleisure’; an app that does nothing; other stuff.
The bounty hunter of Wall St; summing up Noahpinion’s thoughts on macroeconomics; expiring vs long term knowledge; some Macron bond trades; a palladium short squeeze; some Indian macro stuff; AI timelines; other stuff.
What happens when Uber cuts discounts is fairly predictable; “no evidence that senior RMBS bankers at top banks suffered from lower job retention, fewer promotions, or worse job opportunities”; in defence of stock splits; Brazil’s Operation Carwash as maybe the biggest corruption scandal in history; today’s the day we’re toppling the capitalist system and starting that class war; other stuff.
ICYMI… covfefe; Summers says ‘secular stagnation’ even truer today; bond vigilante story as an affinity fraud; ratings and hegemony; a NYFed comic about the development of monetary systems and backstops; worlds first multiplayer stock market game using real money; other stuff.
Gavyn Davies on the Fed’s lowflation dilemma; Hunger Bonds; your evolving Bloomberg keyboard; Facebucks; Trump’s coat of arms… replacing the word “Integritas,” Latin for integrity, with “Trump”; a year of Google vs Apple maps; other stuff.
Romer slaughters kittens; hedge fund got bananas bonanza of inside information; moar quants, less jocks; Moon Juice, Brain Dust and whatever other $ sucking innovation is being cooked up right now; teenagers everywhere don’t understand money; other stuff.