NEWSWIRES Terror comes to Canada, the US drops military supplies to ISIS, & a 16 year old Australian promises to hoist the black flag on Buck House & 1600 Pennsylvania Ave. As a result, we note the following e-mail announcement: We are pleased to announce that ISIS Fund Services Ltd. has changed its name to IKONIC Fund Services Ltd. As you would… We also find that in this horrifying new world terrorism is likely to almost kill as many people in the west as furniture this year. Lock up your rocking chair. Or train it in counter insurgency.   THE MARKETS Let’s say messy so clearly defenestration rises to the top of the ladder in “clever ways to deal with this market”. Actually, not true. The truly asymmetric strategies (CTAs, water, idiosyncratic hedge funds, distress, options, etc) are having a fine time with our biggest CTA position up an eye watering … Continue reading Road kill & market mayhem