Empires rarely fall in a single dramatic moment.

"Of course, the fake news media led by the Financial Times amplified it..." 

"Freeze offs are going to happen again by the weekend. It's just a matter of how much and how long those impact supply." 

Overall, this was a stellar 20Y auction, and one which pushed yields in the secondary market slightly lower after news of the break, although with many other factors determining yields (Japan, Greenland, earnings), don't expect the auction's impact on the broader market to last.

...in short, the political establishment cannot tolerate a sustained downturn in the stock market. It would unleash intense social and political instability that could bring down the entire system...

Europe's "trade bazooka" has a 10-point list of possible measures on goods and services. They include...

Trump's position would "weaken if not shatter the independence of the Federal Reserve..."

The Mag 7 — Magnificent no more.

...expansion is essential to clear away any restraints on a radical agenda that will include the trial of a host of conservatives

First climate, now AI... 

The subpoenas are part of a federal investigation into alleged conspiracy to obstruct or impede federal law enforcement in the state...

Silver: Two dojis in a row after a brutal bull run. Pay attention.

Macron spoke decked out in 2009 Louis Vuitton “Pilot Attitude” aviators with blue lenses... it could serve as a nod to the five hazardous attitudes of pilots, which can lead to their demise: anti-authority, impulsivity, invulnerability, macho, and resignation.

“We have been left with no alternative but to suspend work” on the trade deal, Lange added, “until the US decides to reengage on a path of cooperation rather than confrontation.”

The proposed sale of the 325.4 million shares by Berkshire represents about 28% of the packaged-food company.

“It’s a rigged state...”

NAR's Yun said it’s unclear whether the figure was a one-off or the start of a worsening trend...

"The US is going heavy into nuclear. I wasn't a fan of nuclear, but the safety progress they've made with nuclear is unbelievable. We are very much into the world of nuclear energy" - Donald Trump

The Treasury secretary said Washington is racing to reshore semiconductors and critical minerals to counteract China’s leverage over key supply chains...

The European Parliament is expected to ratify the Mercosur trade agreement today...