Bank Lending Gives Little Hint Of Credit Market Issues... For Now

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US banks are not significantly tightening loan standards, which is a factor suggesting credit spreads can continue to grind lower...


JPMorgan Delta-One Desk Remains 'Tactically Bullish'; Here's Their Bull Vs Bear Case

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...with the key risks coming from: (i) AI exhaustion and (ii) higher bond yields / spike in bond vol...

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US Homeownership Tenure Hits Highest Level In 25 Years

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Homeowners who sold off their properties in the third quarter made a 49.9% profit on a typical single-family home or condo...

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Hegseth Says US-South Korea Alliance Will Stay Focused On Deterring North Korea

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The Pentagon chief praised South Korea for its plans to raise military spending and called the Asian country a ’model ally' of the United States...


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Bitcoin Breaks Below $100k

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“It’s already fragile from October’s massive liquidation event and a string of protocol exploits.”


UBS Analysts Return From Magic Carpet Ride Across Middle East Energy Hubs With Four Big Takeaways

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Increasing oil production is expected to maintain short-term downward pressure on prices. However, UBS holds a constructive... 


Schumer Rejects Shutdown Solution For 14th Time As Dems Block Bill Yet Again

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Thune has floated an offramp...


Reagan Airport Resumes Flight Operations After Bomb Threat

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The ground stop at Washington DCA due to a "security incident" has been lifted.


Why The Global Asset Boom Is In China's Hands

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Surging money growth and a weak economy are generating trillions of dollars of excess liquidity in China which is leaking abroad, inflating global asset prices...


Trump To Democrats: SNAP Returns Only After Gov't Reopens; USDA Warns Grocers On Illegal Food Stamp Discounts

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Oh Snap...


China Warns Trump To Avoid Crossing Four "Red Lines" Or Risk Trade Truce Collapse

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i) Taiwan, ii) democracy and human rights, iii) China’s political system, and iv) development rights are Beijing’s four red lines... which means Trump will trample all over them as soon as he can. 


Gold on the Edge - $3900 or Bust

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Dollar ripping, gold flipping — last time the dollar traded here, gold was around $3,400.

Dick Cheney Dead At Age 84 

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"Dick Cheney was a great and good man... a noble giant of a man..."


Trump Admin Redirects Tariff Revenue To Fund WIC As Shutdown Drags On

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The funds will go toward three weeks of child nutrition benefits for nearly 7 million recipients...


80% Of Michael Burry's 13F Is Palantir And Nvidia Puts

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Burry not only sees a bubble... and is doing something about it.


The Lack Of All Econ Data Is Completely Irrelevant As Nobody Has Any Idea Where We Ultimately End Up

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"The irrelevance of most data is underlined by the fact that we don’t have key US releases at the moment -- and it doesn’t make any difference to our understanding of where we ultimately end up."


1 Million New Yorkers Say They Will Flee New York City If Mamdani Wins Today's Mayoral Race

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Opponents of Mamdani describe a future city as a “disaster,” “hell,” “chaos,” “destroyed,” and “s***hole.”


High Food Prices Are Taking A Big Bite Out Of Restaurant Chains In 2025

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Chain restaurants are closing hundreds of locations this year after menu prices rose between 30% and 80% in the last five years... 


Travel Chaos At Major Airports As Government Shutdown Reaches Record 35th Day

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The ongoing shutdown is exacerbating travel delays, prompting concerns of potential airspace closures as holiday season approaches...


"A Lot Of Things About This Market Haven't Been Adding Up For A While..."; Goldman Partner Warns

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We have been overdue a correction and... the question is the magnitude...