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Dollar paused following a five-day rally and despite the firm data.

The Wrap: Fearless Market, Fading NVDA

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Early short term gap between NASDAQ and NVDA. Is this even possible?
Buy
Gold & Silver
Today
JM Bullion

Trump Considering Menu Of Venezuela Attack Options, Including Oil-Field Seizures

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"No matter who you vote for, you get John McCain" 

Axos Promo 1

Median Age For First-Time Home Buyer Hits 40, A Record High

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In the 1980s, the typical first-time home buyer was in their late 20s...”


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Democrat Election Victories Fail To Spark Mass Mobilization Around White House

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Another color revolution-style operation goes flat.  


US Household Debt Hits Record $18.6 Trillion As Student Loan Defaults Explode

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It's not just student loans that are on fire: the delinquency rate for credit cards also jumped to at 12.41%, the highest since 2011.


The Corrupt Anatomy Of The SNAP Panic

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Americans ought to be deeply embarrassed at the national panic over the future of food stamps. The level of dependency on this program runs contrary to our entire civic culture and history...


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ISM Services comes in hot; ADP tops expectations; Treasury begin preliminary considerations of increases to future auction sizes; China reportedly bans foreign AI chips from state-funded data centres; Larger-than-expected EIA crude stock build; Oral arguments on validity of Trump's IEEPA tariffs begin; Riksbank holds rates as expected; GOOGL Gemini to help run AAPL's Siri features.

Stocks & Gold Jump, Bonds Dumped As Bitcoin Bounces Bigly Off Bear-Market Lows

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'Tariff Losers' terrific, consumer crushed, crypto rushed, crude crap...


Abrupt Sentiment Shift Rocks Gen Z: Restaurants Warn Of Spending Drop As Student Loan "Default Cliff" Arrives

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"When we look at the data, it's more that the younger cohort that 25 to 35.... they don't have the steam..." 


'The Billion Dollar Question': Goldman Delta-One Boss Notes "Retail Is Being Tested", Key Levels Under Pressure

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Normal seasonality is out the window after strong September/October returns...


How Long Does US Depositors' Nerve Hold?

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...in the wild west of banking... I worry.


Apple Taps Rival Google's 1.2-Trillion-Parameter AI Model To Power Siri

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And somehow Apple is worth $4 trillion. 


When Debt Meets Diamond Hands

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Every cycle ends with sellers who claimed they would never sell. The next one will be no different...


JPMorgan Discloses Government Probe Into Debanking Practices

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The bank said related inquiries include “reviews, investigations and legal proceedings,” without identifying the agencies involved.


Cisco Was the Bubble. Nvidia Is the Market.

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"In October 2014….Nvidia was a $9.9bn market cap company…..and Gopro was a $11.8bn market cap company…..today….Gopro is worth around $350m and Nvidia is worth $5 trillion" (Molavi)

"Too Late To Retreat": Key Ukrainian Logistics Hub Near Fully Captured By Russia, "No Sign Of Counter-Offensive"

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However, one Hungarian security expert, Attila Demkó, tells Mandiner that if Ukraine dares to launch a counterattack, it will “probably regret it very much.”


The Fearless Sell-Off: No Panic, Just Pain

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October saw a volatility explosion. This time? Nothing. A fearless unwind in real time.

Biden-Appointed D.C. Judge Orders White House To Provide Sign Language Interpreters For Press Briefings

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The judge stated that English captions and transcripts alone are not enough to make briefings accessible to deaf people... sigh!


'What To Do Next' In Bitcoin: StanChart's Trading Plan

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Buy the dip, in stages...