...the path of least resistance in early March tilts toward further consolidation or a modest pullback before the seasonal tailwinds attempt to reassert themselves.

Years of ultra-loose monetary policy have massively increased yield pressure in private retirement systems... revealing itself in painful losses among German pension funds.

Big Tech is planning massive investments in its own energy generation. Combined with the ongoing AI boom, the massive expansion of data centers is stretching every capital market to its limits, and even the European bond market is increasingly in the crosshairs...

"The market is selling anything remotely credit‑sensitive"

"Bitcoin, which I view as a risk-on type of asset in this situation, has now recovered from small early loss to slightly higher. At the moment, I’m optimistic for a “risk on” start to the week."

The way I see it, there are three very different paths that are possible here...

While 99% of the time traders focus on finding the best risk-adjusted growth opportunities over the next six months... we happen to be in the 1% of time when investors are debating terminal value...

Economic growth metrics for the United States have recently shown surprising resilience; however, consumers’ economic sentiment has not...

"a spike in private defaults could ripple across public markets, widening spreads and impairing liquidity."

HALO hot, crypto not... we haven't seen this since 2008!

...researchers show that modern large language models (LLMs) can re-identify people behind pseudonymous online accounts at a scale and accuracy that far surpass previous techniques.

" ... response was weak and insufficient." 

A planned confidential filing would allow SpaceX to receive regulatory feedback and revise disclosures before they are made public.

"Its retail stores experienced a further slowdown in sales momentum, driven by sustained..."

US military action on Iran would result in sudden-yet-tradeable risk aversion...

...a historical and very symbolic crossover which makes it clear that going forward machines, and not human workers will provide the bulk of US productivity. 

...it’s a bull market, and the primary trend is higher, but S&P is a different asset today than it was in recent few years.

Some MFS entities within the firm claimed in court filings that they were seeing "serious irregularities" and a "significant shortfall" in their collateral.