“It’s a rigged state...”

NAR's Yun said it’s unclear whether the figure was a one-off or the start of a worsening trend...

"The US is going heavy into nuclear. I wasn't a fan of nuclear, but the safety progress they've made with nuclear is unbelievable. We are very much into the world of nuclear energy" - Donald Trump

The Treasury secretary said Washington is racing to reshore semiconductors and critical minerals to counteract China’s leverage over key supply chains...

 "If you're trying not to politicize the Fed, for the Fed chair to be sitting there, trying to put his thumb on the ⁠scale, is a real mistake."

The European Parliament is expected to ratify the Mercosur trade agreement today...

"Henry Hub on an absolute tear overnight! Front natural gas contracts hit a $4.95 high overnight, peaking..." 

"Over the past 24hrs the risk off sentiment has clearly exacerbated"

“Conciliatory remarks by Trump would surely improve the mood in markets but, in my view, wouldn’t trigger a strong rally unless yield curves come down.”

...markets should be far more open to upside inflation risks…elevated dispersion challenges the prevailing narrative of benign, linear disinflation…

... the European Union is “not taken completely seriously” by world leaders because of its “suicidal migration policy” and “nonsense climate goals”...

This is how big sell-offs start: tech fades first

"We found that ~14% of ASO stores are within 25 miles of the World Cup stadiums, compared to ~12% at DKS, while noting..." 

The site sits near key financial and communications infrastructure in central London...

VIX is just doing what it’s supposed to do.

"The shortfall is likely to persist over the medium to long term with a possibility of a non-recovery."

Apple just logged its longest losing streak in more than three years and crashed through key support. Yet, Goldman says fundamentals are fine, numbers will beat and that you should buy.

Any potential threat by Europe to sell its Treasuries in retaliation for President Donald Trump’s aim to annex Greenland is likely to be an empty one...