"The 50% Semis – 50% Energy ‘AI Constraints’ Barbell" is more likely instead to act closer to “Source of Funds” LOCALLY...

Everyone fears a second wave of inflation. Bond volatility doesn't.

"Those migrants have colonised large parts of our country, and live their lives how they choose to do so because our authorities are too frightened of being called racist to challenge them."

"The risk/reward in consumer discretionary is beginning to shift..." 

Hysteresis describes a concept in which the present state of a system depends not only on current conditions, but on the path the system has taken to get there...

"Appears bulky and more akin to Apple's Vision Pro glasses..." 

 

Clinton now says his decision to seek re-election was a "terrible mistake"...

Can the security architecture hold long enough for any money to matter?

...markets that have been used to the Fed’s hand-holding will have no choice but to seek a higher uncertainty premium by pushing up volatility pricing.

...lowest absolute level since Oct 2014 and lowest for time of year since 2005...

The decision will be boring; the statement will get exciting, and Warsh's press conference could lead to fireworks. 

It’s either a giant TACO that markets look past the full implications of to embrace; or a can-kick until the midterms (after which what?)...

"...an indication of pent-up housing demand and consumers’ acceptance of above-6% mortgage rates as the new normal..."

The department seeks a court order to prevent what it called the 'siphoning of funds from the federal coffers'...

The world's most crowded trade is getting more crowded. Almost nobody thinks it's a bubble.

"The Republicans fell into a trap..."

Historically, this has marked the final stages of a rally...

JPMorgan analyst Jose Asumendi called the downgrade a major "wake-up call for the auto industry" ...