Trump commemorates Remembrance Day by... wait, what?

Guardian - Trump commemorates Remembrance Day by... yup, thought so. Quote:

Donald Trump ramped up his spat with Emmanuel Macron, the French president, with a denigrating tweet in which he said Parisians had started to learn German during the second world war before the US saved them from occupation.

THERE ARE NO WORDS.

Life really sucks

I dunno why Tom Scott isn't unbelievably famous with his own TV series and stuff.

Probably because we're living in a simulation where life really sucks:

Friday videos: a Chemical Brothers cover by WAIT WHAT AND THEY'RE PLAYING WHAT?!?

A live band, in Berlin, covering you've got to be fucking kidding me "Galvanize", and they did it well too:

Friday videos: Go

Moby on TOTP, when he still had hair:



For those of you as cool as me, you'll know he once did 7 remixes of this by urinating on a turntable.

MARKET CARNAGE WHARRRR

Just many dimensions of ouch:

The S&P has now collapsed through its weekly SMA(50). That's bad. But what's worse:

is that the R2K shows a lot more pain to come.

I dunno if you can say that this is investors deciding to puke stocks at 18x P/E when they can own 10Y at 3%, or whether it's fallout from Trump's oh so clever trade war, or the sugar-pill stochastic spike of a one-time tax break wearing off, or what.

But you guys should have known that the markets always do better with a Democrat president.

Probably at least partially because nearly all Republican presidents since Nixon have been fucking idiots.

Friday videos: oh Snap

So these two German guys are working on a song in Germany and decide they need a rapper, so they go to an American air force base in Germany and ask the first black guy they come across "hey, can you rap?" and he says "sure", and they end up recording a smash hip-hop hit in Germany:

Stats help

Well, today I had a stats test where I had to prove that the mean of f(x) = 1/n! * e^-x * x^n equals n+1.

I knew this was a series, but had no idea what it was.

I integrated by parts a few times, and saw the mean was iteratively turning into (n+1)!/n! * the series e^-x * x^n.

I said "okay, there's my n+1, but some fucking annoying series right after it."

I crossed out the series and wrote "1", giving me my answer.

Well, it turns out that e^x = the series x^n/n!. Which means the series that I crossed out really WAS 1.

I won't get full marks, because I didn't solve the iterative integration by induction.

But still... damn!

And that was the hardest question on a 3rd year stats test? These pussy kids of today!

Did you hear the one about the Polish submarine?

Oh, those wacky Eastern European fascists:

Reuters - how Poland fell out of step with reality.

I love this bit the most:

The health ministry has also sponsored a booklet called “Towards maturity” for school instructors on family and reproductive health, with a stated aim of “preventing a tendency to postpone procreation.” Included in it is a statement that promiscuity “changes a woman’s psyche,” because “a woman’s nature is to devote herself entirely to a beloved man.”

You know a lifestyle progressivist lives in a bubble when they whine more about a Buzzfeed article than about real Eastern European regressivism, by the way.

Friday videos: more of the dance stuff

Rhythm is apparently a dancer:

Liz Ann Sonders predicts doom, or was it just Kleintop?

Liz Ann Sonders - Schwab market perspective: winter is coming.

Yeah, I think most of the doom in that bullshit missive is actually from Kleintop, yet again shitting all over a good analyst's work.

I prefer this, from four days earlier:

Liz Ann Sonders - Schwab market perspective: no, winter is not coming.

The recession indicators all indicate no recession coming. Yield curve is fine, LEIs are still fantastic, and did you know consumer confidence is actually an input into the economy?

Notice how nobody talks about BRICS anymore?

Even the best country of the lot is now done like dinner:

I guess all that growth since 2014 was a mirage.

I mean, triggering back down on your weekly MACD at that low point is pretty pathetic.

New Deal Demoncrat on US wages

New Deal Demoncrat - is the taboo against raising wages beginning to break?

The interesting thing about this is that a rise in worker compensation is what you need in order to get a really growing economy.

Not just due to consumption increases, but also due to the fact that rising wages generate investment in capital in order to substitute away from more expensive labour. And the US makes a lot of money from capital investment in production.

Tim Duy the doomer guy

Tim Duy the economics doomer guy - Fed intent on raising rates even if economy sours.

I dunno… tanking the economy with rate hikes, the way Volcker did, isn't really popular nowadays. Both in the conservative Clinton 90s and the conservative Bush 00's, the Fed was willing to blow a bubble with artificially low rates.

And I'm sure that the Fed staff realize deep down that their dot plots are a worthless pathetic joke, considering the dots have been wrong for the past ten years.

I'm wondering if Duy is just coming down with New Deal Demoncrat's Trump Disease.