Here’s the Quick Rundown on the Le Pen-Macron Debate, Full Compliments

While you cavorted all afternoon, sashaying from one venue to the next, Le Fly slaved over a very hot laptop — procuring video clips from the French Presidential debate. Some might ponder as to why I’ve gone through such struggles, injuring myself with 2nd degree burns from my laptop battery, know this: I do it for the people of France — a country where the name ‘Le Fly’ is as much a household word as ‘liberte’ or ‘vin.’

I’ve made this real easy for you. Le Pen crushed Macron. His spirit was gone by the end of the debate. I am almost certain his 65 year old wife will be baking him an oven filled with cookies this evening — in order to calm his nerves.

FUN FACT: Macron was a victim of child pedophilia, having an affair with his teacher when he was 15. He ended up marrying her.

Le Pen introduces Macron as a banker shill, representing ‘wild globalization’ and ‘social brutality.’ LOL

Macron’s penis was chopped off here.

Le Pen wants to strip people of dual citizenships, expel fuckers who don’t agree.

Macron told Le Pen she was going to terrorize people by stripping away their dual citizenships. She then chastises him for not having a plan to fight terrorism.

Le Pen told Macron that he should be less arrogant, especially since he was ‘chosen by default’, referring to the French establishment elite.

THIS IS MACRON’S DUMBEST MOMENT. He doesn’t think border guards can keep out terrorists. The low level logic being displayed here is amazing. Macron seems to think terrorists will enter the country via the internet.

Macron said Le Pen’s war on terrorism will foment ‘CIVIL WAR’ in France. Macron will not give into their trap of ‘CIVIL WAR’. Fucking retarded.

Sidebar insult, courtesy of Le Pen: “We call you Hollande Junior” and you hang out with socialists.

Macron wants to work with Trump on MUH climate change, in spite of the fact that Trump doesn’t give a shit about it. When confronted with this fact, Macron said ‘civil society’ doesn’t agree with Trump and he’d help him understand that. HAHAHAHAHAHA

Le Pen: ‘you don’t think in the best interests of France.’

In the only debate between Macron and Le Pen, the former was thoroughly evicerated by a sharp-witted Le Pen, who chided Macron, the former Rothschild investment banker, saying “France Will Be Led by a Woman, Me or Mrs. Merkel.”

I’ll have the full rundown of the debate soon. I just wanted to give you savage animals a preview.

The details of the earnings are meaningless shit to most of you. Right? All you animals care about is money, sex, and drugs. Ergo, I will now provide you with an abbreviated version of this evening’s earnings announcements — for your hedonistic, ADD addled , pleasures.

Winners:

FIVN +12%
FORM +7.5%
TRVG +7%
ATSG +6%
STMP +5%
SQ +5.3%
FIT +8%
MET +2.7%

Losers

DATA -6%
SRC -6%
NUS -5%
CERS -8%
CAR -6%
CAKE -5%
CG -3.3%
FB -1.7%

You shouldn’t ‘feel good’ about your lives, all things considered. After all, markets are higher for the year, some sectors are up 30% — and you’re still waiting for the world to end. Part of your central thesis lies in the price of copper — which is markedly lower today, off by 4%. The commodity sector has been overrun by fucking retards, and now a little air is being let out of it.

Not everyone had the eternal fortitude to foresee such eventualities, forging alliances with devils in the military-industrial complex.

Alas, we are approaching an ebb tide in the commodity sector. Numerous news headlines on Bloomberg have warned of a complete revocation of the Trump reflation trade — wrought with criminal elements whose goals are to seek wide ranging destruction of the honest and just investor class.

Let’s examine this market rout.

I have a commodity stock index in Exodus that I monitor for this very thing. Bear witness to the chart I am about to display, which shows a sector in turmoil — giving back 50% of its post election gains.

Those are the operative words: fifty percent.

This is a normal pullback. Don’t let any cock-globlins tell you otherwise.

Also, copper might be putting in a bottom here.

FCX is oversold.

The copper sector is approaching an extreme stress point — ripe for a bounce.

In short, if you’ve escaped the recent drawdown in steel, copper and other commodities, now might be a good time to buy.

When Reagan was building nuclear warheads and talking about Star Wars as a mode in defeating Red Russia in a nuclear war, US debt to GDP was 33%. Today, thanks to the deleterious schemes of Bush and Obama, debt to GDP is 101%, or $21 trillion.

In spite of all that debt and leverage, investors still love American debt — mainly because we’re the finest home and the shitty block. Taking advantage of this happenstance, our treasury secretary, Steve Mnuchin, is exploring ‘ultra-long bonds’ as a way to finance government obligations for longer periods of time.

Amongst other things, he’s exploring a zero coupon 50 year duration bond, and reintroducing the 20yr bond.

“We have a working group looking at it,” Mnuchin said. “We think that it’s something that could absolutely make sense for us at Treasury.”

It makes sense, from an balance sheet standpoint. If people are willing to lend the government money over 50 years, for NOTHING, I say do it. This way, we can build walls everywhere, one on the Mexican border, one on the Canadian border and maybe even one between Alaska and Russia, in order to keep those fucking white walkers out.

The committee investigating this idea said treasury issuance will likely have to be increased once the Fed starts unwinding their balance sheet.

Recent odds are calling for a 62% chance of a June Fed rate hike.

Listen to this exchange between James Comey and Sen. John Kennedy, where Comey admits that Hillary Clinton’s chief of staff, Huma Abedin, sent her husband, Anthony Weiner, classified emails. Yet, Comey concluded that no crimes had been committed because he could not prove criminal intent.

“Somehow, her emails were being forwarded to Anthony Weiner, including classified information. His then-spouse Huma Abedin appears to have had a regular practice of forwarding emails to him for him to print out for her so she could deliver them to the secretary of state.”

What!?

Kennedy then pressed Comey into admitting that if Weiner had read the emails, he would’ve been committing a crime. What comes next can only be described as pavement ape logic, where the FBI chief said he didn’t think Weiner “ever read the emails.”

So, it’s alright to send classified emails to Weiner,  providing he promised not to open his eyes and read them? His job was simply to print out the stuff and then deliver it to his wife, in between sexting underaged girls. Right, got it.

“His role was to print them out as a matter of convenience,” Comey said. He noted that the FBI ultimately determined that neither Abedin nor Weiner committed a crime because the bureau could not conclude they had criminal intent.

“That was a central problem over the course of the Clinton email investigation — we had to prove that people knew that they were communicating about classified information in a way that they shouldn’t have been, and that they were doing something unlawful. That was our burden, and we didn’t meet it. We could not prove that the people sending that [classified] information were acting with any kind of criminal intent.”

Now tell me there isn’t a totally separate set of laws for the establishment class and everyone else? This is an abhorrent and obnoxious display of malfeasance, on the part of Comey. He even admitted to not interviewing Weiner — you kn0w — because he was really busy being interviewed by other law enforcement officials.

Given Weiner’s vulnerable position, who’s to say he wasn’t passing on this sensitive intel to others?

Onward.

I’m sure Russia is relieved to hear that they aren’t being accused of ‘interfering’ in yet another election. In a press conference given earlier today, Prime Minister Theresa May put the EU on notice for what she described as interference in British elections, in an effort to assuage the British people to vote for EU interests.

“Britain’s negotiating position in Europe has been misrepresented in the continental press,” she said, in a reference to a German newspaper’s account of her dinner with the EU Commission chief.

“The European Commission’s negotiating stance has hardened. Threats against Britain have been issued by European politicians and officials.

“All of these acts have been deliberately timed to affect the result of the general election that will take place on 8 June.”

According to the German newspaper, Frankfurter Allgemeine Sonntagszeitung, after meeting with the British Prime Minister, the President of the EU, Jean-Claude Juncker, reported back to Angela Merkel, saying that May was ‘living in another galaxy’ and that she was ‘deluding herself.’ He allegedly told here ‘I’m leaving Downing Street 10 times more skeptical than I was before.’

May dismissed the report of newspaper gossip.

The EU’s Chief Negotiator, Michel Barnier, recently told the press the BREXIT negotiations would not be painless — an obvious attempt to cast doubt into the minds of the British people, regarding their separation from the EU.

Prime Minister May insisted that she wanted a deal, but that she wanted it to be fair.

“But the events of the last few days have shown that – whatever our wishes, and however reasonable the positions of Europe’s other leaders – there are some in Brussels who do not want these talks to succeed.”

But my war stocks (OA, RTN) are flat to higher.

We are enduring a hard drawdown in high valuation stocks today. Expect more pain before we get a bounce. My Bubble Basket, a short only portfolio that I designed, is collapsing today, thanks to TWLO.

Volatility was nearing single digits yesterday. Today, it is spiking.

This acrimonious and foreboding market is being led by a rout in copper — down heavily by 3.6% at the moment. There isn’t much to do on days like this, other than wait. This isn’t the beginning of a bear market, just a long awaited pullback. Prices will be enjoyed soon, as sellers often exhaust themselves after a few sessions or so. I am eagerly waiting for an Exodus OS signal to go 200% long this market, with all of the pomp, certitude, and grace that I can muster.

Copper, nickel, lead and zinc are all lower by more than 2% this morning, perhaps a delayed reaction to weaker than expected Chinese PMI data.

Caixin manufacturing PMI for April came in at 50.3, compared with an expected level of 51.2, taking the measure to a seven-month low.

While copper inventory levels might be elevated, that’s not the prime reason for the rout. I believe tensions in the Asian theater, coupled with the specter of a government shut down, is leading people into a risk off mode. Plus, we have the French elections on May 7th and earnings have been pretty dreadful — considering the misses at AKAM, AMD, TWLO and AAPL.

So, we have a risk off scenario in May. Color me surprised.

Let’s try to remember the Federal Reserve is being managed by a mentally addled woman, whose hell bent on the total and complete destruction of the Unites States economy — all of the purposes of proving her worth.

That being said, I am comfortable being long defense stocks, positioning for war and nation building. However, I am a little uneasy about my overall exposure, which is 100%. I might pull in a little here, in order to have some idle cash for an eventual oversold signal.

How will the media recover? Fucking faggots. Bill just raped you.

President Trump is right about Andrew Jackson and the Civil War, the morons on cable news are wrong.

— Bill O'Reilly (@billoreilly) May 2, 2017

Might as well press charges, pinheads.