Putin Declares 4 Annexed Regions "Ours Forever", Blames US For Nord Stream Attacks

teaser image
teaser image

"It’s obvious to everyone who did it," the Russian leader said.

 


"Forced Selling Of Everything" - UK Pension Funds Are Still Liquidating Assets, Seeking Bailouts

teaser image
teaser image

“There’s a lot of pain out there, a lot of forced selling...”


Hurricane Cleanup Will Stimulate The Economy? Not So Fast!

teaser image
teaser image

Destruction isn’t progress. This is just silly, Keynesian claptrap... Never forget the unseen...


"You Will Rent Nothing And You Will Be Happy": Rent-A-Center Crashes After Pulling Guidance Due To Collapsing "Economic Conditions"

teaser image
teaser image

Americans can't even afford to rent stuff any more, let alone buy.


The Great Reset: The Bond Yield-Dollar Feedback Loop

teaser image
teaser image

We expect global policymakers will eventually be forced to coordinate their actions...


Ukraine Applies For "Accelerated" NATO Membership, Stoltenberg To Speak Soon

teaser image
teaser image

"We are taking our decisive step by signing Ukraine's application for accelerated accession to NATO."


OPEC+ Output Cut Looks Increasingly Likely As Producers Narrow Down Options

teaser image
teaser image

It is "likely" that the group will agree on a cut...


It was the worst of times. 15 extreme charts

teaser image
teaser image
"It for sure looks like something will break"

Short-Seller Hindenburg "Turned The Tables" On Espionage Op Targeting Nikola Whistleblowers

teaser image
teaser image

...Hindenburg's own team set up an elaborate sting operation, complete with hidden cameras, white hat hackers, pseudonyms and surveillance, to lift the cloak on those who were targeting them...


Fed Put Getting Closer, Equity Market Says

teaser image
teaser image

The price of deeper out-of-the-money insurance in equities is falling, implying lower demand for crash insurance. This suggests the market believes the Fed put is getting closer.


UMich Inflation Expectations Tumbled In September

teaser image
teaser image

...but uncertainty remains extremely high (and inflation expectations rose intra-month)...


Chicago PMI Plunges Into 'Contraction' - Weakest Since June 2020

teaser image
teaser image

...another recession red flag...


Ian Strengthens Back To Hurricane, Takes Aim At South Carolina After Decimating Southwest Florida

teaser image
teaser image

"Hurricane-force winds are expected across the coasts of South Carolina and southeastern North Carolina beginning early Friday..." 


"The Market For Initial Public Offerings Has Frozen"- IPOs Vanish As Market Mayhem Saps Deal Appetite

teaser image
teaser image

"The funding void created by this year’s stalled market for initial public offerings is getting deeper, leaving cash-hungry startups scrambling for backup plans."


A "Shocked" Wall Street Reacts After Nike Plummets On "Unexpected" Inventory Surge

teaser image
teaser image

The smartest people in the room are once again the dumbest ones.


Fed's Favorite Inflation Indicator Unexpectedly Surges As Personal Spending Jumps

teaser image
teaser image

This is not what the Fed wanted to see.


The Latest On Ian's Impact On The Supply Chain

teaser image
teaser image

Ports and airports remain closed in the wake of the hurricane.


Pound Tumbles After Truss Signals No Reversal In Fiscal Stimulus Plans

teaser image
teaser image

The UK Treasury hasn’t asked its fiscal watchdog to accelerate its economic forecast, confirming that the government has no plans to backtrack on the economic strategy roiling markets.


Bounce In Futures Fizzles As Dollar Surge Returns

teaser image
teaser image

“Today, everything is just oversold so you are seeing a rebound. We are closer to bottoms and sentiment is so negative the downside is becoming more limited.”


Red-Hot European Inflation Hits A New Record, Rising By Double Digits For The First Time

teaser image
teaser image

“The next step still has to be big because we are still far away from rates that are consistent with 2% inflation. I would side with 75 basis points.”