Fireworks Day: Stocks Fawke'd, AI/Tech Wrecked On "Massive Retail Selling"; Bonds & Bullion Bid
"Pain levels are high..." as credit blows out and stocks suffer record $2.8TN market cap loss...
"Pain levels are high..." as credit blows out and stocks suffer record $2.8TN market cap loss...
Let's see who comes out of the woodwork...
$17.5 billion of junk bonds back data centers in newly blue states that aren't due to be finished until after Texas lawmakers go home. On the biggest one, every quarter of delay costs about $87 million in interest.
This is "early capitulation" but "everything ends badly..."
The US government holds half of all multifamily mortgages...
Later, she allegedly pushed the board to approve a $201,077 payment to the vendor in 2023 for an "extended warranty"
"The numbers are getting so fricking big that *what if* we don't make that almost 'assumed' late afternoon low-then-rally" - McElligott tallies $47BN in levered ETF selling, $61BN in vol control and $7BN of dealer gamma per 1%.
Your name is Bob. You’re a 49-year-old blue-collar worker in Ohio...
The most recent disclosure has fueled significant debate...
"...the sweep closes the door on Clarity for two years..."
Ouch!
There is growing anticipation that something really big is about to happen...
Trump "loves the guy."
Beijing has spent nearly three years steering state buyers off American chips and software. On Thursday, Huawei handed them a desktop.
"Our competitive advantage is not going to be trying to replicate the traditional multi-manager equity long/short model." Walleye's CIO, after a 5.9% October loss.
The proposed funds would let investors bet on rising credit risks across the AI industry, reinforcing our prediction that CDS trader could be the best job of 2027...
