It's like clockwork: every time China's FX outflows jump, bitcoin erupts higher. Rinse, repeat.

...but who will Trump pick?

Joint Chiefs chairman: "We’ll get there eventually, over time."

Investors believe the deviation between fundamentals and fantasy doesn’t matter as long as the Fed supports asset prices. Such a point remains challenging to argue...

Thanks for playing retail. 

“I don’t think I’ve ever seen a star cooperating witness get his knees chopped out quite as clearly and dramatically...”

...approximately 25% of index gamma expiring today, and with that volatility has the opportunity to increase next week

This has pushed the Comex copper futures curve into massive backwardation...

"While Grand Theft Auto VI has been delayed, the long-term opportunity..." 

“You’re almost as bad as he is...”

Bullish the break out? Buy options. Bearish the break out? Buy options.

"Something never seen previously."

The new program powerfully signals that policymakers are pushing... 

"I've been critical of Tesla shorts like @davidein because they fundamentally misunderestimate Tesla's core value driver: autonomy."

“The markets are now at a bit of a crossroads,” said Stuart Cole, head macro economist at Equiti Capital. “With the central banks all very much in a data-dependence mode, the markets will be also adjusting expectations to each piece of relevant data that comes out.”

The goal: to effectively revoke the oil and gas industry’s "social license to operate."

 

Despite its pivot to electric cars, VW is still selling many combustion engine vehicles and is likely to exceed its emissions allowance next year.