Trump Slams DC Judge Who Let 'Big Balls' Attackers Walk Free

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"The judge should be ashamed of themselves..."


'Disruptions Come First, Benefits Take Time': Fed Warns Of AI's Imminent Impact On Job Market

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When the Fed says it, maybe Gen-Zers should start paying attention...

 

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Trump Signs Executive Order Putting New Restrictions On Federal Hiring

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"No federal civilian position that is vacant may be filled, and no new position may be created," the order says, in part...


More Than An Accident? Kyle Bass Sounds Alarm On U.S. Military Explosives Supply Chain After Tennessee Plant Blast

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"AES provides over 60% of the Department of War's high-explosives..." 


How Trump Crushed The Left's Media Machine

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No modern political figure understands better how to energize the long-humiliated conservative-patriotic soul that has been crushed for decades by a left-liberal media zeitgeist...


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US regional bank concerns gain momentum, led by WAL and ZION; JPM's Dimon is not so sure on market's view that everything will be fine; Trump and Putin view phone call as positive, to meet in Hungary; US Philly Fed unexpectedly signals contraction; China says all rare earth licenses applications for civilian use will be approved; Fed's Waller makes the case for a 25bps cut in October, but data dependent thereafter; French PM survives both rounds of no confidence motion as expected; UK GDP matches expectations, Services & Mfg output beat; Australian unemployment rate moves higher; EIA crude stocks show bigger-than-expected build; TSMC top Q3 expectations

The Wrap: Welcome to Extreme Fear

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Extreme fear meets (almost) all-time highs – something doesn’t add up

Gold's Wild Rise Is A Sign Something Bigger Is Afoot

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The historic rise in gold signals that the market is scrambling for safe collateral as it takes a growing list of risks increasingly seriously...


Wishful Thinking? MSM Speculates Trump To Announce Tomahawks For Ukraine Friday

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Kremlin warns: "Kiev regime is not hiding its preparation of new terrorist attacks against our country."


Regional Banks Crash As More Credit "Cockroaches" Emerge

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Zions and Western Alliance are plunging as we now learn that, gasp, the credit scandals did not end with Tricolor and First Brands. 


Sixth Circuit Rules In Favor Of School Ban On "Let's Go Brandon" Sweatshirts

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The opinion constitutes a significant infringement on the free speech rights of students...


"We're Back In Ping-Pong Mode" - Top Goldman Trader Says Dollar 'Continues To Live Dangerously'

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S&P metals & mining stocks making the Mag7 looks like USTs...


Foreign Espionage Arrests Up 50%: FBI

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"We have gone after espionage activities against our main counterparts in China, Russia, and Iran," Director Kash Patel said...


WTF Is Going On...

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...funding stress and regional bank angst?


Liberation Day Panic Vibes - VVIX Back at Chaos Levels

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Under the hood, fear’s exploding — VVIX, SDEX, tails, all screaming.

The AI Spending Boom Is Not A Bubble, Goldman Says; But Questions Eventual 'Winners'

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AI investment in the US over the last 12 months remains below 1% of GDP, a large but not outsized impulse by historical standards...


15 Democratic Governors Announce Health Alliance To Counter RFK Jr.

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“We can no longer rely on the information coming out of Washington, DC, but our states are coming together to unequivocally state that science still matters,”


13 Reasons Why Gold Has Outperformed Stocks Since 2000

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The recent increase in gold prices in the United States and around the world has been driven by a confluence of economic, financial, and political factors


Trump: "Great Progress Made" Towards Peace In Putin Call, Gaza Deal Paves Way For Ukraine Truce

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"I actually believe that the Success in the Middle East will help in our negotiation in attaining an end."


Today's Retail Sales Data Was Delayed, And Good Thing: It Was Very Ugly

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BofA is looking for a 0.2% m/m drop in the Census Bureau's retail sales ex-autos estimate. BofA also forecasts an even weaker -0.4% print on the control group.