Macron Celebrated Through Sharply Higher Crude Prices

Globalism is back on track. I hope some of you retards weren’t too emotionally attached to the specter of auto mechanics uniting to rule the world. With Le Pen being routed and gutted like a pig, the recency of the nationalist movement and subsequent election of Donald J. Trump looks like nothing more than a brief sojourn in the long winding road towards dystopia. There are no arguments that can be made to suggest we’re barreling towards something better — an automated world, an incredibly shrinking middle class, disastrous demographic shifts amongst western societies that will crack everything asunder.

The world you once knew, for better or for worse, is gone. Civilization marches on to the symphonies of decadence — dazzling markets to reach new highs — bestowing gifts of capitalism upon the world, Darwinism 2.0 — the economic version.

Think about it.

WTI is up sharply, just as I expected. But copper is down 1.2%.

S&P futures are flat and Japan is in full melt up mode, higher by 1.8%

The fact that the euro is lower by 0.2% tells me the Macron win was already baked in. We’ll be trading off future expectations tomorrow, first of which is an appreciable bounce in crude. I am long ATI and OAS — my only exposure to basic materials. I’d consider a new position in CLF and CLR — if we don’t get too great of a rally tomorrow morning.

Additionally, my position in DB should continue to do well, especially now that Macron is willing and able to suck Merkel’s dick. Given the fact that Macron has an affinity for much older ladies, he might find Angela quite attractive. His wife is older than both Merkel and May, so watch out Europe, there’s a new cuckold in town ready to take orders.

President-elect Emmanuel Macron had a 10-minute conversation with Angela Merkel. It was described as being ‘very warm.’ He promised to visit her ‘very soon’, so that they may hash out schemes to fuck Britain over.

Both DAX and CAC futures are celebrating the defeat of Nazism, higher by 0.8 and 0.6, respectively.

American futures are unchanged — as we have plenty of other things to worry about.

In other news, CHIVALRY ISN’T DEAD.

Anything you say about the above video is racist, so please reserve your comments to yourselves.

I have no respect for losers. Le Pen should resign from anything she does in life and become a bohemian now — cavorting amongst goat herders and rock miners.

I won’t even bother to transcribe this shit.

In an overwhelming display of obedience, the French people vote, en masse, to surrender to the European Union, electing a literal nobody called Emmanuel Macron, who, incidentally, married his child abuser.

President Trump will soon invite the two lovebirds to the White House, celebrating Macron’s victory and the union of such a wonderfully unique couple — forged together by “fate” when Emmanuel was going through puberty at the age of 15.

Let this be the final nail in the coffin of nationalism, so that I can get back to primarily worry about markets and none of this rubbish. It was a nice tease, having reprobates and factory workers with IQs of 75 run the world and the nuclear silos. But the autocrats are back and if they don’t ferry 15 million Africans into Italy over the next 10 years, the entirety of the EU is doom — thanks to depopulation. If you want to know more about this, just ask.

Markets might edge higher on this news — but it was already baked into the globalist cake (extra slavery).

Macron crushed Le Pen, humiliated her and made all of her followers look like the god damned nazis they truly are. God willing, Macron will soon introduce steps to stop fake news, regulate the internet, and round up all of Le Pen’s supporters to be summarily executed.

Racism and jingoism will not be tolerated in this new world order. All races should intermingle, walls should be broken, and cultures should be shares — starting with the middled east.

She’s not going to win. Then again, I didn’t think Trump could win either. But in our ‘polls’ Hillary had a 4 point lead. Their polls show Macron up by 25 points, hardly a rounding error. I will say this, if Le Pen wins, all of the pollsters in France should be rounded up and placed in the guillotine for an expeditious chopping. Agreed?

Also, if Le Pen wins, markets will drop 5% tonight.

But she’s not going to win. You shouldn’t expect the French people to do anything hard. They’ve never been to the moon, atomic bombed out an enemy, or defeated Germany twice.

With Macron as President, the EU bloc is strengthened, globalism advances, and markets will continue the path of least resistance — up until the point when people begin to fear for their financial safety.

Here in America, we elected a ‘nationalist’ for President and look what that got us: MOAR globalism.

So, sit back, relax, crack open a six pack of beers you fucking faggots, and bear witness to MUH democracy taking place in France — slowly sticking another dagger into the hearts of powerless freedom lovers.

Polls close in about 3 hrs.

Representatives from the Kushner family descended upon the Ritz Carlton in Beijing to pitch wealthy Chinese the EB-5 visa program aka crony capitalism.

Nicole Kushner, Jared’s sister, was alleged to be in attendance.

The pitch was “Invest early, and you will invest under the old rules,” according to the Washington Post.

The event, which was closed to foreign press, was hosted by the Chinese company Qiaowai — who is working on behalf of the Kushner family for one of their projects in New Jersey.

It’s dubbed the ‘Kushner 1’ project, like Airforce 1 only cooler: “This project has stable funding, creates sufficient jobs and guarantees the safety of investors’ money, read one of the promotional brochures.

The materials painted Jared as a ‘celebrity’ in America, encouraging rich Chinese to trust their status and business acumen in America — which is funny considering the ruinous state of their crown jewel property 666 5th avenue (extra anti-Christ). The Kushner’s are trying to restructure the 666 deal, bringing in Chinese insurance giant Anbang, in an effort to finance a massive expansion and conversion of the top floors into posh condos.

Thank God ‘the people’, plumbers, electricians and all of the other rubes, are running America again. Get the wall up, unless of course all Mexican migrants are willing to fork over $500,000 to invest.

In August of 2016, Rebecca Eileen Diebolt, 37, was sentenced to 6 months in jail and ordered to register as a sex offender for life — after having an affair with her student — who was 15.

About a month ago, a Grand Forks teacher, James Whalen, was sentenced to 2 years in jail, ordered to register as a sex offender for life, for having an affair with his 15 year old student.

The internet is littered with these sort of stories — teachers being jailed for inappropriate relations with their students.

I have one more story to tell, this one is from France.

Twenty-four years ago, Brigitte Trogneux, a French drama teacher, had an affair with a student — Emmanuel Macron. He was 15 years old at the time.

According to the Washington Post, this is a good thing — fantastic.

But Macron’s parents didn’t think so. They yanked him out of the private school and offered this message to Mrs. Trogneux, was married at the time with three children Macron’s age.

“They were thinking that it would stop and did everything to make that happen,” Macron said, according to the new book.

“I don’t know how I’d have reacted to it all myself,” he added.

And his parents didn’t take the news lightly, asking Trogneux to keep away from their son, at least until he was 18 years old.

She replied: “I can’t promise anything”.

Macron’s mother said: “You don’t realize it, but you’ve had your life, he hasn’t… he wont be able to have children with you”.

Just imagine your 15 year old boy having had an affair with his 41 year old teacher, who was married with kids his age. Now imagine you telling her to stay away from your child and she replied “I can’t promise anything.”

Without a doubt, Macron is a victim here. A 15 year old doesn’t have the emotional stability to make sound decisions. She imprinted upon him when he was young and likely controls every aspect of his life — like a mother.

Food for thought: the age of consent in Washington DC is 16. Had this relationship taken place in America, she’d been tossed in jail and branded as a sexual predator for the remainder of her life. But now, she’s likely to become France’s de facto first lady, revered by the media as an ideal for other young French women.

Utterly contemptible.

The idiot who dropped more than $195m in VIX contracts, seeing 89m of them expire worthlessly, has been unmasked.

The Financial Times did some solid investigative work, talking to several banks who ran these moronic trades, and concluded that it was Ruffer LLP — a $20b hedge fund located in London.

The 50 cent trader earned his name by dropping tens of millions into volatility options contracts, all at the stupid price of fifty cents. It’s like an autistic OCD addled trader broke out of the insane asylum and wasted a bunch of money for an otherwise great firm, who manages money for the Church of England.

The Founder of Ruffer LLP, John Ruffer, has a history of throwing money away, for ‘charitable’ reasons — such as his vainglorious effort of preserving Auckland Castle.

Rich people.

It’s Friday, so don’t expect anyone to pay attention to the Fed comments made today. But they’re off their fucking rocker again — discussing the specter of raising rates AND reducing the balance sheet — at the same time. If you’re a student of history, like myself, you’d know that any time the money supply was fucked with and greatly reduced, subsequent crashes ensured.

Well, what do you think will happen to stocks if the Fed reduced their balance sheet by $2.5 trillion and hiked rates to boot?

Here are the lowlights.

Via Briefing.com

Fed’s Williams says wage growth has been stubborn; Would like to see jobs growth get to 180K; Believes April data showed that Q1 was an aberration

Fed’s Bullard says it is odd that Fed is raising short term rates and not shrinking its balance sheet; Fed’s Rosengren says that Fed will hit zero rates and could also theoretically expand the balance sheet in future recessions

Fed’s Wiliams sees U.S. at full employment, maybe a little beyond; Fed’s Bullard says could shrink the balance sheet to as low as $2 trill

Fed’s Williams says makes sense to unwind balance sheet later this year; Fed’s Evans says balance sheet is very large and needs to shrink

Fed Chair Yellen does not address monetary policy or economic outlook in prepared remarks; Remarks center around gender pay inequality

Fed’s Williams says Mortgage and Treasury bonds to eventually roll off, not worried it would hurt GSEs

Fed’s Williams says Fed should consider adopting inflation price-level targeting; New frame work implies lower for longer rates

Fed’s Bullard (Non-Voter) says current Fed rate reasonable; would not oppose one more rate hike this year; Has delayed trimming the balance sheet for too long, wants to start trimming in 2H17

Fed’ Fischer prepared comments focused mainly on Fed need to avoid a simple rule (meaning the Taylor Rule often discussed for managing rates); No comments on the economy or monetary policy at the moment

Hello there laddies.

Are you gents going to bet all of your monies on the ponies this weekend? Before you do that, consider the fact that oil is bouncing with the fury of 10,000 hungry lions trapped inside a room filled with scrawny ANTIFA protesters.

Oil is edging higher by nearly 2% and the underlying stocks are cracking skulls to the upside — higher by 4%.

According to Exodus, this is merely day 1 of this move. There is a lot more to come.

see that low point hit yesterday? MORE TO COME.

You can get in there and get long some faggot ETFs like XLE and SLX. Or, you can behave like a man, and buy some masculine stocks like RIG, ESV, OAS, FCX and X. I suppose taking this plunge takes a varying degree of certainty, faith in a sector that has been beset with losses. Investing is not for everyone. Either muscle up to the basic resource sector or go piss in your pants while eating a vegan meal.