Tehran puts enrichment on the negotiating table.

If Treasury issuance and Fed’s balance sheet path is steady and credibly telegraphed over the long term, accidental tightening of financial conditions can be avoided and any unforced shocks in rates markets would be limited.

Precious bounce ≠ bottom? Volatility still in charge

Walt Disney, after a more than two-year saga, has landed on its next CEO: Josh D’Amaro, head of the company’s theme parks and consumer products division. D’Amaro, a 28-year-veteran of the company, will succeed Iger effective March 18.

"... the pace of change and execution was not in line with the Board's expectations." 

"There is a lot of liquidity out there and it’s remaining committed to financial assets. It’s rotating within the markets, and the macro backdrop is supportive of that continuing."

"January managed to both shock and awe in various ways, yet still delivered broad based gains across all global assets in our monthly performance review when measured in USD terms—a genuinely rare occurrence"

"A search is being carried out at the French premises of X by the cybercrime unit..." 

"Switch 2 sales figures can be seen as okay, but it would be hard to call them solid." 

Still waiting on NVDA? Asia AI has already moved on.

China's imports of pre-US intervention Venezuelan crude was around 4% of its total seaborne crude imports.

...at least 30 new low ice-class or non-ice-class LNG carriers to satisfy demand for the fuel from the second-largest importing region after Asia.

European bourses opened stronger, but sentiment has dipped off best levels; US equity futures are modestly firmer, with mild outperformance is seen in the NQ.

"Protecting cities will require mass-produced, cost-comparable, networked solutions." 

"Investors we speak to - including long-term institutional and private wealth investors with slow-moving allocation processes - signal strong interest in creating/increasing the gold share in their strategic portfolios..." - Goldman

Easing inflation, firmer lending, and improving earnings hint at a quieter but meaningful shift in Europe’s growth outlook.

Governments avoid sound money and controlling spending because these choices can hurt them politically right away, while using inflation and interventionist methods allows them to take a lot of wealth from citizens and give it to themselves and their favored industries...

Is protein a new mega theme?

Soon on the heels of escalating Trump rhetoric targeting Havana...

"The president's goal is for us not to make a hasty transition by replacing coal with gas, but to immediately switch from coal to nuclear power,"...