It’s Time To Short Salesforce.com [DIRTY DOZEN]
It’s Time To Short Salesforce.com [DIRTY DOZEN]
“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are…
Research – Alex
Is the US Dollar Bottoming? [DIRTY DOZEN]
Is the US Dollar Bottoming? [DIRTY DOZEN]
“Bullishness is born as hope in the midst of despair. Hope swells to confidence and confidence swells to euphoria, and…
[3/5] New Fiscal Rules & Stranger Thing Markets
[3/5] New Fiscal Rules & Stranger Thing Markets
Remember these headlines from a few months ago? This was the consensus hot-take following the March 23rd bottom in the…
Time To Short Palantir? [DIRTY DOZEN]
Time To Short Palantir? [DIRTY DOZEN]
“What winning traders share, however, is that they all understand that losing is part of the game, and they all…
[2/5] The Fed’s New Reaction Function
[2/5] The Fed’s New Reaction Function
“There are decades where nothing happens… there are weeks where decades happen… and then there’s 2020 where just a…
[1/5] Macro Ops’ Market Outlook: Our 2021 Non-Predictions
[1/5] Macro Ops’ Market Outlook: Our 2021 Non-Predictions
We’re cognitively wired to latch onto single or binary outcomes when thinking about the future. Reality is much messier than…
Yearly Charts Point To A New Bull In REAL Assets [DIRTY DOZEN]
Yearly Charts Point To A New Bull In REAL Assets [DIRTY DOZEN]
“Incorporating percentages or ranges of alternatives into the expression of our beliefs means that our personal narrative no longer hinges…
Stocks Are Setting Up For A January Selloff [DIRTY DOZEN]
Stocks Are Setting Up For A January Selloff [DIRTY DOZEN]
“Soros saw no point in knowing everything about a few stocks in the hope of anticipating small moves; the game…
Global Energy CAPEX at RECORD Lows [DIRTY DOZEN]
Global Energy CAPEX at RECORD Lows [DIRTY DOZEN]
“Around here there are three kinds of investors. Growthies, guys who love growth stocks, don’t care about valuations, and only…
The Start of a New Commodity Super Cycle [DIRTY DOZEN]
The Start of a New Commodity Super Cycle [DIRTY DOZEN]
Some narratives are contagious because they seem to offer a confirming fact. We can say with some accuracy that most…