The world's most crowded trade is getting more crowded. Almost nobody thinks it's a bubble.

"The Republicans fell into a trap..."

Historically, this has marked the final stages of a rally...

JPMorgan analyst Jose Asumendi called the downgrade a major "wake-up call for the auto industry" ... 

...and it's not because of gas prices.

“Warsh faces a formidable challenge, striking a balance between President Trump’s desire for lower rates and signalling to the market that he is a credible and independent Fed chair. Inflationary pressures in the US are unlikely to abate quickly."

EEM isn't an EM ETF anymore. It's an Asian AI ETF. TSMC, Samsung and SK Hynix make up ~30% of the index. VXEEM increasingly behaves like Korea, not emerging markets.

In debating a social media ban for minors, it appears we face a choice between two perceived harms...

Oil’s decline is a repricing of supply and demand after the market learned the world can run on fewer barrels than thought...

"This is exactly the direction of travel the market has been underestimating" - Goldman

"The plane was carrying six people when it crashed on Loop 20 in Laredo, Texas, shortly after 10 p.m., ..." 

This happened only two times in history—during the final phase of the dot-com bubble and today.

...the crypto exchange warned that any rejection forcing it to delay activities in the region could “weaken liquidity” and present other potential risks...

An informed source told Tasnim that Bloomberg's alleged text of the US-Iran MoU is not accurate, but that the finalised text will be published after the signing on Friday. However, it was initially stated that it would not be published. 

"The call came during a phone call between Berri and Qalibaf in which they discussed..." 

"As Exhibit 5 shows, enrollment in these majors fell by..."

Urges people to get out of their ‘cabins’...

History says momentum struggles most during violent rebounds. Yet this cycle continues to defy the usual script—even as semis suddenly wobble.