War, Warsh, AI Worries, & Leverage Unwinds; Manic Markets Make Multi-Year Records In Q2/H1
Stocks are higher on the month, higher on the quarter, and higher on the year... but the path from there to here was exhausting...
Stocks are higher on the month, higher on the quarter, and higher on the year... but the path from there to here was exhausting...
The EO violates the Fourteenth Amendment's Citizenship Clause...
Goldman's trading desk is batting down the hatches for what comes next...
Forty-two percent believe it will hurt their ability to think carefully...
"It would be equivalent of someone putting a locking gas cap that can't be removed on a gas vehicle. When you run out, you're done."
A disgusting, dishonest system that operates at the expense of honest people.
Not looking good for Bill.
The new socialist movement believes it can remake America - but its growing radicalism may prove the very thing that drives voters away and fuels a counterrevolution.
Orders military preparedness for blue & white operation...
However, as we head into the second half of the year a lot of views for H2 have become widely held...
“By way of comparison, Raj Rajaratnam’s infamous insider trading scheme at Galleon Management yielded only approximately $53 million in profits.”
Investigators searched multiple business locations and the homes of six individuals as part of the inquiry.
The president’s warning came amid falling crude oil prices and after he accused gas stations of price gouging...
JPMorgan urged Congress to pass clear digital asset legislation with robust safeguards, warning that without robust oversight, crypto innovation could create shadow-banking risks and undermine financial stability...
...because its benefits accrue mainly to corporations through productivity and leverage, while workers face job risks, tacit knowledge extraction, surveillance, and disruption...
The question is why did Blackstone pull out now - not something one does at market bottoms - as doubts are creeping whether the Mag 7s will continue funding the AI expansion with unlimited capex, while grassroots outrage against data centers is exploding everywhere.
"So far there are no signs of profit margins rising outside the tech sector. This is ultimately what we are waiting for, because the value of AI companies today rests entirely on the promise that margins in the S&P 493 will eventually climb."
will remain within international law & the "rights" of the coastal states.
...the new norm is a world of crowding and corrections... of more violent drawdowns and stop triggering... and then sharp squeezes and resets.
