"This should have been a classified experiment," Fauci wrote in his diary. "The foolish DOD people send the data to the FDA..."

Deutsche Bank analyst Faiza Alwy asked, "Where is the moat?" 

This was a weak JOLTS report, with weakness in both openings and quits, and shows that after some significant strength in the early part of of 2026, US labor market is now hitting an air pocket and this could translate into another notable miss in this Friday jobs report.

The market reset the price of semis. It forgot to reset the earnings.

We are not yet living in the mature AI economy. We are financing its construction... AI may eventually lower the price of goods... It is already changing the price of capital.

References to prices, the high cost of goods and services, and oil and gas prices in particular, rose to new heights...

The timing of the GPT-6.1 Astra cancellation is brutal for the ChatGPT-maker...

It's not a great idea if American (or Taiwanese) troops find themselves staring down the barrel of an M16. Unless, as part of the arms deal, China pinky promises to only use them for peaceful purposes...

X is indeed taking steps toward being the Everything App...the advent of his X Money platform is major and serious (for banks)...

The reason for the scramble to go public as soon as possible is now quite clear... 

...mortgage rates are about to crush that dream...

"This will have major repercussions,"

“We’ve had some rather large moves over the last few days or so, and we’ll have the ultimate data trigger in the form of non-farm payrolls heading into Friday, so I think it makes sense for positions to be squared,”

"This is insane... I can't remember the last time I saw this much rain forecasted for such a large area in the United States."

"Gross is moving higher while net remains relatively contained … increasing exposure without increasing directional conviction."

"Tether has consistently demonstrated that USDT is not a haven for sanctioned actors, terrorist organizations or criminal networks,"

"...we have the luxury of choosing our moment..."

Korean memory trades at 4.7x earnings. Foreign ownership is 2.1 SD below average. And earnings estimates are still going UP. What if the “peak” isn’t the peak?