Five people were killed & 16 injured...

Hot US PPI report; Retail Sales above forecasts; Claims figures little changed W/W; US is reportedly considering using a MOAB against Iran; US has reportedly suggested that IEA nations supplement oil release with an extra 100mln barrels; Syrian gas export pipeline targeted in attack; “Anthropic’s Q3 sales reportedly missed bullish expectations; TSMC Q3 earnings beat; NVDA CEO says CoreWeave's cost of capital is decreasing; Poor Australian jobs report.

Damn!

"In hindsight, the pain trade was long AI/ short bonds. Now we're watching both sides unwind. ... The market is discovering that demand for compute can grow exponentially, but the capital available to finance it cannot." - Goldman Delta-One

"No wonder the war is so unpopular."

"This should not be controversial, as the criminal statute is clear: Only American citizens may vote in federal elections..."

AI debt isn't expensive yet. But "yet" is doing a lot of work, and the market has already split the AI complex into those who can borrow and those who can't...

The move is expected to save American taxpayers as much as $1.5 billion annually...

Humanoid robots. 

Saifedean Ammous argues that Bitcoin already functions as money when held as a store of value; expects it will become larger and less volatile than gold as it matures...

Seven months into the war... a bit late?

Think interest rates are peaking? If so, agency mortgage-backed securities (MBS) deserve a look. Think rates have further to climb? MBS may still earn a place in your fixed-income allocation...

"The block [on attacking refineries] is out. We're done."

The rules also cover certain investments made through foreign subsidiaries controlled by American companies.

"The sharp downturn the industry has been bracing for finally materialized..." 

Taiwan's state banks sold greenbacks, the RBI went both onshore and offshore, Bank Indonesia waded in with the rupiah a whisker from 18,000... and the Taiwan dollar still closed at its weakest level of 2026.

Cologne police seized the robot and are investigating its 16-year-old owner and a 19-year-old companion after it allegedly touched a 16-year-old girl's buttocks...