DOGE Says $5.8 Billion Saved From 100 Terminated Federal Contracts

teaser image
teaser image

Since January, the department says, it has slashed more than $214 billion, or around $1,300 in savings per taxpayer...


In An Extremely Fragile Market, How To Gain An Edge When Volatility Spikes

teaser image
teaser image

The next major move can come this Friday with the October Options Expiration...

Buy
Gold & Silver
Today
JM Bullion

BlackRock, Nvidia, xAI, Microsoft Form Investment Consortium In $40 Billion Data Center Takeover 

teaser image
teaser image

"Together, we can address critical questions: how to design the right data centres, how to solve water and..." 


The Magnificent Stuck

teaser image
teaser image
Big tech vs. non profitable tech has crashed. Starting to look tempting...

Money Growth In China Lessens Risk Of Big Global Stock Losses

teaser image
teaser image

...the continued positive influence of liquidity from China takes some of the sting out of the tail (literally), reducing the need for assets to incorporate a larger risk premium.


Futures Rise After Strong Earnings Ease Trade War Fears

teaser image
teaser image

"We’re going into this earnings season with the view that it probably will validate that the corporate sector is still in relatively good shape"


New York Factory Activity Surged In October, Jobs & Orders Jump

teaser image
teaser image

"Optimism about the outlook improved noticeably,"


Low Bond Volatility Is A Precursor To A Larger Move In Yields

teaser image
teaser image

Minsky moment incoming...


Bank of America Shares Jump On Stellar Q3 Results

teaser image
teaser image

"Strong loan and deposit growth, coupled with effective balance sheet positioning, resulted in record net interest income"


LVMH Soars After Surprise Return To Growth, Signaling Possible End Of Luxury Downturn

teaser image
teaser image

"The desk is also busy in Consumer Discretionary. There has been a decent uptick in activity in Luxury following LVMH figures with two-way better buy flow..." 


Buypolar: Latest Wall Street Survey Finds Record Number Say AI Is A Bubble, As They Pile Into Stocks

teaser image
teaser image

Just when you thought Wall Street couldn't get any dumber. 


ASML Orders Beat Expectations On AI Boost 

teaser image
teaser image

"Semis are also trading well, with the UBS Semi's basket [UBXESEMI] up 2.1%, driven by ASML (up 3.8%) after they reported solid bookings and as the AI boom is fueling..." 


Poland's Beer Industry Is In Trouble

teaser image
teaser image

Inflation, taxes, and a shift in consumer spending may spell doom for some Polish breweries, says the director general of a brewery union...


teaser image
teaser image
  • European bourses are in the green; LVMH +14% & ASML +3.6% both gain post-earnings; US equity futures also rise.
  • USD losses extend into a second session, EUR remains underpinned by French optimism.
  • USTs incrementally firmer, OATs gain as traders digest the latest pension reform suspension.
  • XAU breaks USD 4200/oz, crude benchmarks muted amid heightened trade tensions.
  • Looking ahead, highlights include NY Fed Manufacturing (Oct), Cleveland Fed CPI (Sep), US Military Pay

'Goodbye': Hegseth Shows Legacy Media Outlets The Door Amid Revolt Against New Pentagon Press Policy

teaser image
teaser image

Reporters told to sign the pledge by Tuesday at 5 pm or surrender their press credentials...


Concerns Mount Over Europe's Below-Average NatGas Storage Levels Ahead Of Winter

teaser image
teaser image

"Taking into account preliminary weather forecasts, the maximum storage level is unlikely to exceed 85%."


Britain Set To Outlaw Fracking After Decades Of Debate

teaser image
teaser image

Labour plans to introduce a “total ban” on fracking this autumn...  aims to prevent future governments, such as the Reform Party, from reinstating fracking...


Iran Gives Two French Nationals Decades In Prison For Alleged Spying

teaser image
teaser image

Paris outraged, rejecting 'baseless' charges against tourists...


'Islam Must Adapt To Sweden' — Swedish Deputy PM Urges Public Burqa, Niqab Ban

teaser image
teaser image

"You are very welcome to be a Muslim in Sweden, but not in the way that Islam is practiced in Iran and Afghanistan"


Trump Again Lambasts "Very Disrespectful" Spain, Threatens "Punishment Through Tariffs"

teaser image
teaser image

Spain's defense minister says "not worried"...