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Hope all goes well. Summertime in Santa Barbara. Not a cloud in the sky. Creeks run dry. And we’re not alone. Midwestern farmers are baking. Crops withering. And even on Wall Street they’re doing the rain dance, an awkward white-guy shuffle. Praying for liquidity. You see, there’s very little now. And in all this heat, illusions arise, mirages, whipping markets around wildly. Overall: Barry bit his

Took a long walk, to shake a long flight, Seoul to NY is a bitch. Strolled through the World Financial Center, where a crazy mensch, gave me a shot, back in 1991. High above, floated two ghosts – Twin Towers. On which, I held my little brother, upon my shoulders, whispering the truth, “Pete, you’re on top of the world.” That was 1993. In the distance, stood our Lady. Liberty. I spun, headed uptown. Meat Packing

Barry bit his nails, dying for a smoke. And paced. Waiting for the verdict on his legacy; Obamacare. You see, folks remember just one thing about their leaders; Jimmy wore a sweater, Ronny ruined the Russians, Daddy accomplished a mission, Slick Willy stained a blue dress, and Baby declared mission accomplished. But of course, Barry wasn’t the only leader pacing. Assad, fearing for his unusually long neck, decl

Hope all goes well. Gonna keep things short. Why? Well, nothing’s really changed. Yeah, stocks initially squeezed higher in the hope Benjamin would print more Benjamin’s. But Bernanke conserved his few remaining bullets, twisted $267bln, then rashly repeated Baby Bush’s infamous one-liner – Bring ’em on! You see, Ben taunted the gods, said he needs to see things get worse before he clear-cuts the Pacific Northw

Gonna keep things short. Why? Well, nothing’s really changed. Yeah, stocks initially squeezed higher in the hope Benjamin would print more Benjamin’s. But Bernanke conserved his few remaining bullets, twisted $267bln, then rashly repeated Baby Bush’s infamous one-liner – Bring ’em on! You see, Ben taunted the gods, said he needs to see things get worse before he clear-cuts the Pacific Northwest. So naturally, t

Hope all goes well. Happy Fathers day. Spending mine enroute; DMZ to NYC. 700 Korean’s listened intently. As we explained how to solve Europe, build portfolios, regulate, manage risk, make money. You see, Korea’s opened their mkt to HF’s. And want to reverse-engineer ours. At the press conference, I almost told the humbling truth: Put our insights into context, HF managers are right no more than 60% of the time. But

So who’s it gonna be? You or me? Guess we’ll just have to see. Muslim Brotherhood lost its nerve. Blinked. They never stood a chance – yeah, Egypt’s military dictators got no eyelids, dark hearts, and a lust for money, power. Plus, the Generals squeezed Supreme Court justices, changed rules, then basically offered Islamists a junior-partner role in dictatorship. Of course, young, starry-eyed democrats, having risked

The soldier stood firm, insisting I wear a hard-hat. For our descent. Of course, I hate being ordered around, most Americans do. It’s a blessing and a curse, our revolutionary legacy. So I descended, deep, to explore The 3rd Tunnel. North Korean’s spent 10yrs blasting though a mile of granite, to enable 30k troops/hour to cross beneath the DMZ. And launch a surprise attack on Seoul. The tunnel is narrow, cold, wet. H

When I grow up, I want to be like this cat. Not because he’s authored countless tomes. Nope. Because he insisted we do our call at midnight. After his dinner party. He’s 78. F’in love that. The West’s preeminent China expert. For decades, Middle Kingdom leaders have dispatched princelings, from Beijing, westward, to study under him. Anyhow, I asked five questions, then listened. “Eric, no one knows, we can only appro