"...the rivalry is intensifying..."

"It's definitely going to have an effect..."

The Director-General of ASIO has warned about a range of threats...

“We unleashed American energy production to reclaim our independence”

Some strategists expect an easy hand-off from Tech-led Growth to broad cyclical strength (Barry and his team do not!)

Small Caps and big bitcoin bore the brunt of the anxiety-induced selling ahead of tomorrow's 'double whammy' of jobs data...

The most brilliant move is often the boring one, as bull market geniuses always get crushed when reality returns...

... and specifically whether the costs of developing the technology will be matched in terms of the productivity growth it can create. 

Monday’s decline is a troubling development, and the need to quickly recapture the 6,840 level is critical...

There’s a lot of unfinished business going into the last full trading week of the year.

In a world profligate with risks and uncertainty, gold serves as an unimpeachable asset, insulated from the financial system and outside the clutches of governments who will increasingly be tempted to debase their currencies to inflate away their colossal debt loads...

There’s plenty to keep traders and investors occupied this week, with a torrent of data and as well as ECB, BOE and BOJ policy rate announcements.

In retrospect, we should all have known better. That’s not how markets work. Only rarely does an Artificial Superintelligence give investors extraordinary profits without inflicting ungodly pain...

"We are now firmly back into a good is bad/bad is good regime"

Goldman's cyclicals/defensives pair trade basket is now up 14 of 15 sessions - after Friday's drop - taking consumer discretionary/retail along with it.

Markets are superorganisms, drawing strength from every participant willing to play. They are humanity’s first form of Artificial Superintelligence. As such, markets manage to outwit even the geniuses amongst us.