It is the 20th of July 2018

News

Bill Maher: Trump Is The Most "Aggressively Stupid" President In US History

Bill Maher, the host of HBO's Real Time, has released a new standup special - and, as one might expect, it features more than a few jokes at President Trump's expense. While the US has had presidents in the past who were "stupid", the country has never had a leader who is as "aggressively stupid" as Trump, Maher joked.

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Junk Bond Crash Imminent? HY ETF Shorts Hit All Time High

It has been a tough year for junk bond funds, if not for junk bond spreads, which as we noted recently have shown impressive resilience and have solidly outperformed IG since the start of the year (largely thank to a scarcity in HY supply, and a deluge of IG bond issuance to fund a new M&A cycle as Goldman discussed last week).

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George Carlin Was Right

The wisdom of the late George Carlin on display once again...

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Morgan Stanley: Our Conviction Has Only Grown Stronger That "Easy Is Over".

From Morgan Stanley's Matthew Hornbach, Global head of interest rates.

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Hedge Fund CIO: "Americans Voted For Real Change And It’s Coming"

Submitted by Eric Peters, CIO of One River Asset Management

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