Distortions in the index-linked gilt market have created the most compelling relative-value opportunity we have ever seen. The 10–15-year sector sits at the heart of this opportunity...

He says he reported it on July 10 to the FBI tip line and heard nothing back.

Despite soaring EV sales, European automakers face mounting losses as Chinese rivals gain market share, raising questions about the true costs of EV transition...

• US President Trump says the US crushed Iran, and may want to do it a "little more".
• Crude benchmarks firmer on ongoing tensions in the Middle East; recent bout of strength comes after the Houthis launched another missile towards Saudi interests.
• European bourses are in the red following a few dire results from Kering and Volvo Cars; US equity futures are mixed.
• USD is firmer vs most G10 peers; CHF is the laggard, whilst the EUR digests poor French PMI metrics.
• Fixed bench

Hedge funds are dumping tech at a -3.3 sigma pace, data centers have swallowed the project-finance bond market, and the one currency that benefits if AI cracks screens ~40% cheap...

He pitched a Chinese incubator on rebuilding Google's AI supercomputer "to fit China's national conditions." He got 12 months minus one day, and his backers just got blacklisted by the State Department.

...decades of big government, entitlements, subsidies and mass migration have left Europe stagnant, indebted and angry - and France's riots are the bill arriving...

"AI may be playing a part, but it's unlikely to be the whole story." 

Government-funded rape charity video frames loving Nana as a potential threat...

The fine doubles for a repeat...

• APAC equities were under pressure, mostly following the negative tech-led Wall St. handover; European futures now point to a contained open.
• USD modestly firmer vs major peers, EUR awaits Moody's and weekend French activity while the NZD made a marginal recovery.
• Contained trade for fixed income after the recent FTQ for most core counterparts.
• Crude bid by c.

The policies that inflicted so many wounds on this country are all the same policies advocated in elite and fashionable circles in the US, pushed by the heights of academia, and celebrated by establishment media...

"Even under the best conditions, there is a high likelihood of error in review because there is no federal database containing citizenship status of U.S. residents."

Says the Ayatollah is actively seeking a nuclear weapon...

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