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TACO trade lifted equities, while gold rose to a fresh record high.

China's Housing Slump Deepens As Holiday Spending Softens

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China new home purchases in 22 cities during Oct. 1-8 slumped 33%, measured by floor space, compared to the first seven days of October 2024. Sales of existing homes in eight cities tumbled 55% from a year earlier...

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Peter Schweizer: Mamdani Family Is "Joined At The Hip" With Foreign Radical Powers

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Manchurian candidate?


The Wrap: TACO Trade Tested, Metals on Fire

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SPX - we haven’t had a 3% sell-off for 133 days which is at the 95% percentile of occurrences since WWII.

The Mighty Return Of Columbus Day

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Not even the schools can lecture students that it is really “Indigenous Peoples’ Day,” because it is no longer that...


Flows on Fire: $26B Rush Into Gold ETFs

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"Gold’s share of central bank reserves rising to 24% as of Q2 2025, up from a trough of around 9% in Q4 2015, though still well below the 74.5% highs of the early 1980s"

US Intelligence Has Been Enabling Ukraine's Destruction Of Russian Energy Sites

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"make them [Russians] feel the pain"...


Fab Five Fundamentals: We are so back

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Brainrot is OUT. Meaning is IN.

The Matrix Abides

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"...so much of leftism is pretending not to understand things that everyone understands."


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REAR VIEW: Trump softens tone on China, after touting 100% tariff on Friday; Bessent says 100% tariffs do not have to happen & Trump on track to meet Xi in Korea; AVGO/OpenAI deal; Fed's Paulson toes a dovish/neutral stance & is aligned with median SEP dot plot; Middle East peace plan begins.

Princeton Joins Move Back To Standardized Testing

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Columbia remains the last Ivy League holdout in dispensing with mandatory standardized testing...


JPMorgan Commits $1.5 Trillion To Strengthen America’s Industrial Base

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“This is a JPMorgan initiative,” Chairman and CEO Jamie Dimon said, stressing that it is “100% commercial” and not driven by the Trump administration. Sure Jamie. Wink, wink. 


Big Government, No Growth - The Implosion Of Statism

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Deficit spending is not a tool for growth. It erodes prosperity, creates persistent secular stagnation, real wage growth decline, and poor productivity growth...


Mark Cuban-Backed Startup Lets 'Low FICO' People Tap Used Car Equity - Even If Not Paid Off - For 30% APR

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Plus 3% if you use an ATM....


Victor Hanson: The Pieces Of Trump's Peace

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Trump’s unorthodox mix of pressure, power, and pragmatism shattered old diplomatic molds... delivering a rare moment of calm to the world’s most combustible region...


Beyond Meat Crashes On Debt-Swap Plan As Fake Food Trend Goes Bust 

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Good riddance. 


Trump White House Could Soon Pardon Former Binance CEO Changpeng Zhao: Report

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...the former Binance CEO served time and paid $4.3 billion in fines after a 2023 money-laundering conviction.


Trump Proclaims End Of "Age Of Terror & Death" After Hamas Releases All Remaining Hostages

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Welcomes "historic dawn of a new Middle East" in Knesset speech...


'Never Seen Anything Like It': Amid Historic Squeeze, Silver Traders Rush Bars To London; Goldman Still Favors Gold

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“There is no liquidity available currently...”


Bubble Creation - Friday's Crypto-Carnage As A Canary

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...yes, you lost your money, partly because of the reckless tweeting of President Trump, but mostly because central banks have become active players in the economy, printing massive amounts of money, destroying the risk-and-reward relationship.