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You Read It Here First…

The summer is almost over, and you, Dear Reader, are ready. You know that the market is primed for self-destruction, wound up into an unbalanced frenzy by Perma QE and the passive money momentum machine. And you know that it takes only one match to light the fuse. You know we will see Black Swan price action on White Swan events. So what's the event going to be?

One word, 6 letters, 2 syllables. Sounds like a Latin past participle for the verb "Brexere", meaning rupture with one's closest trading partner.

But just in case you weren . . .

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No Deal or No Deal?

Before we get onto Brexit, which BlondeMoney knows you’re all going to love, here’s the final word on Jackson Hole today.

  1. Powell is not an academic.
  2. He does short press conferences.

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It Only Takes a Minute Girl

Fresh from the Fed Minutes, and following some outraged reader comments, it looks like we need to reiterate our points:

  1. Central Bankers are politicians.
  2. Unthinkable things happen every day.

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Politics Rumbles On…

Yes it’s still the summer holidays, but the politicians are shuffling the deck, getting ready for their return.

With only 13 days with parliament sitting until the allegedly final European Council Summit in October,

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