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Notes From Underground: Steve Bannon (Laugh, Laugh I Thought I'd Die)

Even though Steve Bannon is no Beau Brummel, the music of this early rock song must be ringing in his ears. It seems clear to all but the dumbest media talking heads that the Bannon plan of Trump’s continued flow of tweeting is an attempt to make sure the Trump team controls the… 999 more words

ECB

Notes From Underground: Mario Draghi Brings New Forth a New Standard of Bureaucratic B.S.

The Mario Draghi brought forth a new and improved standard of “truth obfuscation” at Thursday’s ECB press conference.¬†When¬†Draghi answered a question about the ECB basing its policy on politics he answered: “We are not in a political game.” In his “perception” there is NO POLITICAL WAR BETWEEN THE ECB AND ITS MEMBER NATIONS. 867 more words

ECB

Notes From Underground: The ECB Is All the Rage

President Mario Draghi takes center stage tomorrow and as usual the press conference will be critical. The ECB official announcement is at 6:45 CDT with the presser 45 minutes later. 628 more words

ECB

Notes From Underground: Together Again

Back from the spiritual cleanse and I chatted with Mr. Santelli today about volatility as the prairie fires of global politics causes great angst and… 745 more words

ECB

Notes From Underground: Global Politics Will Keep Volatility Elevated

Increased volatility is not debatable. It will be the outcome of the uneasiness of global politics. It seems that the present state of affairs reflects the vast chasm between those who have benefited from… 979 more words

ECB

Notes From Underground: Draghi Checks; Will Yellen Raise?

Mario Draghi failed to deliver any new stimulus from the ECB and his press conference was very low-key in presenting any form of tweaks to the programs in place. 628 more words

Fed