The casino has to navigate a gauntlet of liars without spontaneously combusting from sheer bullshit:
Monday is Cyber Monday when we find out how much jobless consumers spent at Amazon
Tuesday is the Senate confirmation hearing for new Fed head Powell
Wednesday Janet Yellen blows smoke up everyone's ass about the state of the 'Conomy
Thursday is the OPEC extension meeting
Thursday is also the Senate tax cut vote
But, start off the week with another massive lie from the Bullshit Artist-in-chief:
"Really, who do you believe, me or me?"
But first, back to BernieCon. When are they going to let this guy out of jail. In the past eight years marijuana was legalized and so were Ponzi schemes...
ZH: Bitcoin Tops $9,300 Amid Rampant Boy-man Fantasizing
"When we solve the power consumption problem, the scalability problem, the security problem, the transaction cost problem, the blockchain death spiral risk, and the proliferating currencies problem, banks are going to be very worried. In the meantime, keep buying the one currency that can't solve any of those problems"
Let's start with 300 P/E Amazon, which is taking over the economy by destroying the economy: The frictionless Supply-Side nirvana of wholly bypassing the U.S. economy, for the benefit of the jobless consumer:
Remember the last time the Fed was telegraphing a December rate hike, which imploded global markets?
Banks do...
Above, that's the short-end, the Fed is doing their job on the long-end as well:
EVERYONE assumed that yields would rise with balance sheet rolloff, but of course they're falling, like last time in 2011...
The OPEC extension is priced in...
As far as the tax cut, we are told that Telecoms will benefit the most. Unfortunately that sector is pricing in recession, giving lie to all of the above hardcore liars...
