We really do live in a “Big Brother society”, and the potential for tyranny is off the charts...

...3 dissents, downside risks to employment rose, Fed will begin buying T-Bills on Dec 12th...

Markets undertook the 'QE trade' today... after the less-hawkish-than-feared Fed cut...

"I can't go to things where there's the general public because I'm..." 

"Even though the dot plot shows just one 25-bp cut in 2026 — markets are pricing two — our view is that the Fed will end up cutting by 100 bps next year"

Utterly joyless...

The most critical aspect of the print will not be the reported numbers but instead the commentary and directional color they provide on path of CapEx, amount of financing required to fund $0.5T in backlog, etc.

Real rate-differentials are modestly supportive of the dollar despite widely-expected easing of the US policy rate...

Will Powell let the Dots do the talking? Or will he help spoil the Christmas party with his own brand of bah, humbug?

President Trump confirmed...

The special directive orders the Chicago Transit Authority act on public safety concerns by Dec. 19...

Cracker Barrel is a case study for every other casual dining chain. 

It was always meant to prop up the faltering crony healthcare system...

"We clear the Fed, they sound a bit hawkish, we get the reflexive 'ah, I knew they’d be hawkish' relief, but it doesn’t take you far while rates and credit keep things contained." 

... a real negative curveball after this week's rate cut could be the next Fed move being a hike in 2026. Given what's happened internationally in the last couple of weeks, Jim Reid warns that it shouldn't be completely ruled out...

“Today I got a call that he got up from bed. Do you believe that? He got up, he got up,”

The filings claim the companies’ components were found in Iranian-made drones tied to Intel and AMD, as well as Russian Iskander and KH-101 missiles.

Combined, IndianOil and Bharat Petroleum have purchased in recent days 10 cargoes of non-sanctioned Russian crude, including Urals...

Got HYG put spreads?

"Only thing that can stop Santa Claus rally is "dovish" Fed cut causing a sell-off in long-end." - Michael Hartnett