"Crowded positioning coincided with an air pocket in demand, leaving consensus longs without a marginal buyer. A snapback in Momentum and consensus longs is possible after today, but Morgan Stanley quants would sell any bounce in Momentum..."
"Today’s session represents a clear escalation of the rotation and dispersion themes that surfaced yesterday - less about Software and more about a broader “re-risking to reversal” moment, where crowded Momentum exposure is being challenged aggressively" - Morgan Stanley
HOW A BATTLE WITH CANCER LED TO THIS REVOLUTIONARY PRODUCT!
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...demographic shift is no longer a distant projection but an accelerating reality across parts of Asia, with the share of people aged 65 and over rising fast in several countries.
A fiscal storm is brewing in the Netherlands. With the potential introduction of a tax on unrealized capital gains, The Hague is set to become a testing ground for the systematic transfer of wealth from the private sector to the state...
Last ditch mediation: "but... important to note that the aforementioned stockpiles belong to Iran."
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It is remarkable that Germany has largely ignored fundamental questions of energy market design and the security of grids with baseload energy for years... a consequence of ideologically driven decisions.
Karp mocked accusers while coaching Epstein...
"Your littlest girl was a little naughty..."
The US’ restoration of unipolarity risks sparking another World War if cooler heads don’t prevail...
Recruiters say companies are now far more selective in their hiring.
US official: "It's really the Israelis who want a strike on Iran."
...but “structural drivers remain intact and we continue to expect a rebuild to the upside.”
...may be told to let the US replace or at least “balance” Russia’s role as their top security partner under implied pain of US-backed Nigerian military pressure on anti-terrorist pretexts
The Fed is not really a stabilizer... It is a banking cartel designed to protect the financial system and government against the consequences of mismanagement...

"Marxists treat barricades as symbols of transition from civil protest to armed struggle."
The Trump administration has made no secret of its desire to push the monetary easing pedal to the metal, even as the engine is already near the red line...
Eve of collapse...
ICE officers have experienced a 3,300% jump in such attacks...










































