SPX loves falling bond volatility — and the MOVE just crashed.

Traditional mammoth Q&A session lasted some 4.5 hours...

The Federal Energy Regulatory Commission directs nation’s largest transmission operator to boost co-location capacity for data centers... and send them the bill.

Returning Americans to the Moon by 2028 through the Artemis Program... 

REAR VIEW: Fed's Williams doesn't have a sense of urgency on changing policy, has some room to get back to neutral; Fed's Waller reportedly had a "strong interview" for Fed Chair role; UoM revised lower; BoJ hikes as expected, but holds back from detailing the future policy path; Japanese Finance Minister gives verbal invention; Ukraine drones strike Russian oil rig in the Caspian sea; Ukraine to receive an EU EUR 90bln loan to cover military/budget needs; UK Retail Sales unexpectedly decline; TikTok to sell US entity, investors include ORCL.

The EU won’t use frozen Russian assets as collateral, but rather borrow money on the capital markets against the headroom in the EU budget.

"If he defaces the place with his name, we will spackle it over"

Markets are walking into 2026 with an almost eerie level of confidence. ..

SBU touts "new, unprecedented special operation"...

Brown University received a letter in August 2025 from over 30 human rights and digital privacy organizations urging the institution to disable CCTV surveillance systems...

...on the macro side, commodities will likely remain at the center of the US-China race for geopolitical power and for tech and AI dominance...

"...the most contentious policy divide for the party since President Trump took office."

Dugan could now face up to five years in prison...

...k-shaped reality or rampant propaganda?

"Listening to what he said, I honestly couldn’t tell at all when the next rate hike might be. He didn’t really say anything about the neutral rate — there was simply no guidance at all."

...despite tumbling mortgage rates.

“Here’s our North Star: Does this help us win? If the answer is no, it’s a distraction from the core mission.”

Humiliating failure for Von der Leyen & Merz as they went all-in on asset seizure...

We’re under sustained attack...

Even Democrats themselves are in open revolt: only 42 percent of Democratic voters approve of how their own party’s members in Congress are doing...