"DANGEROUS COLD is likely on Saturday across much of the United States, with wind chills forecasted to fall below zero for over 100 million people,"

Systematic equity exposure is at a 5-year high. The risk is asymmetric.

Europe is the new Balkans that risks becoming the plaything of empires.

Big overture: received an invitation through diplomatic channels...

At least one arrest was made in the case, although officials say there will be more.

"The Supreme Court will likely hear arguments in the case this spring..." 

Perfection prevails as gold and the Japanese 10 year move in lockstep.

"Markets are sensitive to the dynamic developments regarding new tariffs as a basis for negotiating security issues. Rising uncertainty, as seen last year, will weigh on all markets."

As investors are caught between fear of missing out on a further stock market rally and the building geopolitical risks, they can take a cue from the derivatives strategists at the biggest Wall Street banks. 

A "diversified" credit portfolio might just be one big AI bet.

ICE isn’t creating chaos; politicians and activists are... by turning routine detentions into viral outrage, provoking mobs, escalating encounters, and manufacturing danger for political gain.

...the sector’s recent rally is starting to look less like a rates trade and more like a policy-vibe trade...

College degrees, dating markets, fentanyl deaths, tech oligarchs, drawdowns, and capital-light dominance — twelve charts that made us go hmmmm....this weekend

"The renewed trade conflict also feeds broader geopolitical concerns, including NATO cohesion..." 

American troops which occupied the area are curiously absent...

"Microsoft expects AI margins to improve over time and sees margin expansion potential in core cloud: Management frames Azure..." 

Parents slam explicit nudity and transgender propaganda aimed at toddlers in prestigious V&A venue...

40–50x FCF multiples collapsed to the teens as AI shattered the assumption that output scales by adding humans.