Goldman Desk: "The Forceful Rotation Below The Surface Has Been A Shock For Many Portfolios"

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Goldman's cyclicals/defensives pair trade basket is now up 14 of 15 sessions - after Friday's drop - taking consumer discretionary/retail along with it.


'Targeted, Antisemitism': 16 Dead, 38 Injured After Father & Son Terrorists Attack Sydney Jewish Celebration

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The offenders are a 50-year-old and 24-year-old male, who are father and son.


Visualizing The Complete History Of European Colonization

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European colonization began in the late 1400s, reaching a peak count of 101 colonies in 1914...


A Collapse In Germany's Chemical Sector Is A Bad Omen

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Germany’s chemical industry - historically one of the world’s sharpest early-warning indicators - is collapsing at a scale that points not to a normal downturn, but to a structural breakdown of Europe’s industrial core.


Cocaine: Local Cultivation, Global Consumption

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Although cocaine is consumed in every part of the world, its base, the coca plant, is mainly cultivated in three Latin American countries: Peru, Bolivia and Colombia...


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Why Is Europe Feverishly Preparing For World War III?

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If there is going to be peace, why are we witnessing the largest military buildup in Europe since the end of the Cold War?


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APAC stocks were mostly pressured at the start of a risk-packed week and following on from the tech-led declines stateside amid a rotation out of AI, while participants digested economic releases, including the BoJ Tankan and Chinese activity data.

Brown University Shooting: Person Of Interest Released, Gunman Still At Large

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It is important to note the distinction between a person of interest and a suspect.


When You're In A Hole, Stop Digging

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The truth is, most everybody has their snout in the trough.


"The Fed/Treasury Merger Is Underway": The Market Will Never Again Signal That The Government Is Spending Too Much

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"Philosophy is one thing, financing government is another, and once Hasset is confirmed, Bessent will be his boss."


National Trust Sues Trump Admin Over White House Ballroom Project

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Sigh...


A New Republican Vision For Health Care

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The ACA in its current form has made purchasing private insurance out of reach. 


If AI Fails To Deliver On Its Vast Productivity Promises, The Result Will Be A Devastating Depression

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If AI fails to deliver on its vast promises, the risk is far wider than the tech sector. It will lead to a deep recession and massive budget deficits, which will catalyze a debt sustainability crisis that could make 2008 seem trivial.


DC Pipe Bomb Arrest Raises Questions About Christopher Wray's FBI

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The revelation of those curious circumstances as the FBI investigation dragged on put Wray on the defensive.


Top Goldman Tech Trader Highlights 5 Key Factors Into 'Catalyst Heavy' Week

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...investors are seemingly ‘upgrading’ their views of the Consumer (/ US economy) as of late.


ICE Announces Arrest Of 400 Illegal Immigrants In Minnesota

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Operation Metro Surge targets the ‘worst of the worst’ illegal immigrants, the Department of Homeland Security stated.


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Booms/Busts Have Become The Norm: BofA Breaks Down The New Bubble Era

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...the AI boom is likely too big to avoid a bust... Timing becomes the biggest risk...


Santa Vs The Grinch, Diets, & QE

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Is the $40 billion of Federal Reserve purchases QE or a non-event? Or somewhere in between?


Four Key Questions Driving Data Center Power Demand

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Will new-gen AI chips and more efficient compute usage in the latest AI models drive lower or higher aggregate power demand?


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BoJ Quarterly Tankan and Chinese Activity Data kick-start another risk-packed week.