"Trumpism is causing some volatility, and it is hitting markets at a point where there is an orange flag on the risk of an Equity drawdown (think of TPM 4w change, EM Risk Appetite, Bull/Bear etc.)."
"There is zero tolerance for this kind of illegal behavior..."
The “Germany Basket” smell unmistakably like a product pulled straight from the SPD marketing kitchen.
Satellites now underpin modern warfare, forming part of the so-called “kill mesh.”
There is no denying it: under the current administration, realpolitik is back in the EU-U.S. relationship. Europe must recognize these new realities and approach them with a realistic assessment of its own position. And the current economic situation is anything but rosy.
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"The modern kleptocrat does not break the law; he writes the law to make his theft mandatory."
"China has found another soft spot. They can repeat this to demonstrate that they can enter Taiwan airspace with impunity. And what do you do if they start flying lower and lower?
"Extremely Dangerous": SDF being sold out while the US watches it happen...
The recent announcements are modestly helpful for homeowner affordability.
"Pitch us your best 1-mile tunnel idea (Loop, freight, pedestrian, utility, etc.), we’ll pick a winner, and build it…for free!"
What California is now experiencing is not a cyclical tech downturn or a post-COVID-19 pandemic anomaly. It is a measurable, policy-driven decline in relative competitiveness...
Bracing for that next angry Truth Social post...
No ID and mailing in ballots make fraud trivial....

Geopolitics is not the reason to get more cautious...it's rates...
The aggregate data don’t capture the pain experienced by a large segment of society...
“Due to decades of underinvestment, our fire department currently operates with the same number of firefighters as in the 1960s, six fewer stations, and five times the call load...”
"This is shaping up to be a potentially high-impact winter storm affecting a large portion of the Southern and Eastern U.S."








































