Week-in-Review: Mon: Spain’s ruling conservatives lose parliamentary majority, German PPI -2.5%, Swiss M3 +2.7% (10mth high), EU consumer confidence weakens (Swedish jumps), Barbosa replaces Levy as Brazil Fin Min, Mexico retail sales +4.8%, Brent hits 11yr low ($36.05), SpaceX successfully lands 1st reusable rocket, Chicago activity index turns negative, S&P +0.8%; Tue: China unveils 2016 economic blueprint (emp

Hope all goes well… Dug up an old anecdote about magic (see below). Back Jan 10th with full weekend notes. Week-in-Review: Mon: Spain’s ruling conservatives lose parliamentary majority, German PPI -2.5%, Swiss M3 +2.7% (10mth high), EU consumer confidence weakens (Swedish jumps), Barbosa replaces Levy as Brazil Fin Min, Mexico retail sales +4.8%, Brent hits 11yr low ($36.05), SpaceX successfully lands 1st reusable ro

Hope all goes well… “Check the closets, under the beds, check every single hiding place,” ordered Teddy, tip toeing upstairs. “Here’s the thing Charlie, if we find presents, then there’s no Santa. And if we don’t, then we’ll know for sure he’s real,” continued my 10yr old, shaken by playground rumors, but still desperate to believe. Jackson overheard it all, and sprang to action, distracting Dumb and Dumber just long

Week-in-Review: Mon: China’s leader of the anti-gov’t “Rights Protection” movement goes on trial (gov’t intimidation), China retail sales +11.2% (IP +6.2%), Climate deal concluded (hold temperatures 2 degrees or lower below pre-industrial levels), 19 women win Saudi regional elections (but couldn’t drive themselves to polling stations), India wholesale prices -2.0% (CPI +5.41%), South Africa appoints 3rd Finance Mini

Hope all goes well… “You want to know the most interesting thing about next year?” asked Biggie Too, chief global strategist for one of Wall Street’s too big to fail affairs. I shook my head no. “They sent Biggie on a one-month global tour, put him on stage a hundred times; pensions, insurers, sovereigns, hedge funds, all the hustlers,” he boasted in baritone, flipping to third person. “And the most interesting thing

“To consider 2016, first review 2015,” said one of the industry’s top performing CIOs, years running. “Seven opportunities mattered; dollar vs low-yielding currencies, dollar vs high-yielding currencies, Greece this summer, German bunds in May/June, selling volatility in late-September, the run-up to the December ECB meeting, and Japan.” Of those seven, four required you to develop a macro view and three required you

“I don’t know if sand can glow in the dark, but we’re going to find out,” threatened Ted Cruz, Harvard Law grad, Texas Senator, and aspirant to commander and chief of earth’s mightiest military. The thing about power is that those well-suited to wield it are least drawn to it. But thankfully, power is sobering. So even the unworthy are tempered when handed it. Which is why Cruz won’t nuke the middle-east if he wins.

Overall: “Mamma Mia!” he said to the mirror, tightening his tie. Preparing for the podium. He’d just dismissed his crisis management team, in full Italian rage. They’d explained a good one-liner is the difference between jail-for-life and celebrity super-stardom in America. “If the glove don’t fit acquit!” exclaimed the team lead, as if it held the key to Draghi’s escape. “What is the definition of is?” asked another

Hope all goes well… “Tough to get a good feel for where to next,” said Road Runner, wrapping up a record year. “But not many bulls up here, the recent sell-off wasn’t too uncomfortable, it’s still easier to be long stock,” continued the market’s top volatility trader. “I see a trap setting up for the market to sell off in Feb or March, but you can’t be too early for these things,” said the elusive bird, looking left,

“Cliff jumping,” answered Jackson, without hesitation, taking charge. Olivia, Teddy and Charlie cheered. Filling the air with the magic of mischief. I’d asked for ideas. We needed out. Thanksgiving had overwhelmed us. So we piled into the Suburban, in search of sanctuary, solitude. The Greenwich cliffs are hidden deep in back-country. And like so much in today’s wild, they’re forbidden. So we whispered our way throug