Congress will pass the worst of both parties' spending... and the dollar will tank...

Foreigners have dumped $87 billion of Taiwanese stocks this year; one Korean official responded by personally buying $6,800 worth of the Kospi.

The 82-year-old was picked up at the Maravida Senior Living community...

End goal to crash the Trump economy? 

Makes sense, no?

Three weeks ago the talk was $1.5 trillion. Now some Anthropic backers are discussing $1.2 trillion (with some as low as $1 trillion), Polymarket's favorite outcome sits below $1.5 trillion, and the odds of a November debut have crashed from 86% to 60%.

"AI trade was a much larger part of the broader economy and wealth effect in the market than politicians appreciate, and that’s leading to much of today’s growth scare." - Ron Adler, Global Co-Head, Equity HT Cash Trading

The UMichigan consumer sentiment survey unexpectedly jumped in November to a three-month high, fueled by independents, who reported the strongest consumer sentiment in more than a year.

The president signed the order preserving the historic spaces during a White House ceremony.

The last thing the market needed was a red hot October jobs report. That's what it got. 

"DraftKings reported a big miss on headline EBITDA in Q3 due in large part to heavy spending as mgmt. builds the predictions business, and this issue will extend into 2027, w/an aggregate EBITDA..." 

Meanwhile, California and Colorado voters rejected voter ID measures, and Arizona's trailed but hadn't been called.

"Our phones were exploding with asks for color" but nobody was shopping: TMT hedge funds just lost more than 4% in a day, and with it the last of a 24% AI windfall.

America's restaurant crisis deepens...

“There’s a real sense of panic in the selling, and I suspect crowded positions, deleveraging and possibly forced liquidations are making things much worse. This looks like more than just investors getting nervous about AI valuations.”