Jorma

Except for that 50% Argentina had to pay to get some notes off. Not sure the duration. That's the worst case. There are plenty of other bad cases, and then there is Urp. Well your there. You tell us. Is Italian or Spanish debt really going to be kept liquid for another year? Three years? How, without the ECB?

Lee, way off in the weeds again but if by chance you know or care; where in the US budget are the outlays for paying down Treasury securities? Obviously I am referring to the Fed redeeming Treasury notes. Is it even in the budget? Or am I thinking about this all wrong? Aren't the $200 some billion redemption's of Fiscal Year 18 going to be counted in the years 'deficit'?

I've been getting a bad feeling about the banking giants turning up here. A very bad feeling.

Sorry he's retired. They will have to call Bank of America Home Loans. 800 432 1000

I see Argentina sold some notes yesterday with a yield around 50%. I know the dream is to capitalize and inflate Brazil and Argentina with the help of neoliberal military men but whose going to make the loans.

Trump is saying that the Party should control the Fed. JPM and GS agree, it seems.

On days like this I always want to haul out the old rocket launch failure video.

It's the now classic forced march down in the VIX. Bring her down boys.

Slot racing.

Your driving to France?

I can't wait for the Uber IPO. Sadly not until the second half of 19. Proposed valuation by Morgan Stanely, $120Bn. Ford is currently valued at $35Bn by the way.

Some sort of news on the wire about Italy. Bad spaghetti harvest?

OpEx this week. At any rate greed vs fear seems to be the thing now.

Chop chop

It ain't over till the fat lady sings. Thing is there are no fat lady singers left. They are all skinny.