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FOMC Minutes noted that a few participants saw merit in keeping the FFR unchanged at the September meeting, or could have supported such a decision.

A Surprise Dollar Rally Is Already Underway

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The yen, euro and options are sending not-so-subtle hints that the dollar is poised for a rally few are positioned for. 

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JM Bullion

Consumer Sentiment Cracking Amid Gov't Shutdown; 17% Of Americans Delay Major Purchases, Survey

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"Another 7% are canceling plans for a major purchase altogether. The majority of Americans..." 


78% Of Americans Favor Deportation Of Criminal Illegal Immigrants; New Poll Finds

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Even among Democrats, 69 percent said they favored the policy, while 77 percent of independents and 87 percent of Republicans do...


Washington Burns Through $34BN Backing Israel In Post-Oct.7 Wars: Brown University

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Underscores that Israel might quickly find itself in big trouble without its defenses being propped up by the US.


Only 48% Of US Adults Under The Age Of 30 Have A Full-Time Job

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The reality of the matter is that it is now “the toughest time in years” to find a good job in the United States, and that is particularly true for our young people...


The Wrap: Nothing Is Impossible — AI Mania, Gold Roars, Palladium Breaks Out

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This time is different? - The tech rally is profit driven.

Everything's Up Today... Except The Yen; Goldman Sees A Generation Of 'Momo Junkies'

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Perception of fundamentals matters more than fundamentals themselves... Ride the fastest horses... find the new hockey-sticks...


Stocks catch bid while gold and silver hit fresh record highs - Newsquawk US Market Wrap

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FOMC Minutes lean hawkish; Weak US 10yr auction; Parties involved in Israel/Hamas negotiations reportedly optimistic on deal being reached this week; Macron to name new PM in 48 hours; EIA crude stocks build more than expected, but demand is resilient; RBNZ cuts OCR by 50bps; NVDA CEO says Blackwell demand is really high.

Ford To Pause F-150 EV Production After Aluminum Plant Fire

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"We believe this is largely a Ford issue..." 


Quants Are Blowing Up Again

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You unleash retail, what do you expect will happen? 


"It's The Correlation, Stupid": BofA Fears Index Vol Fragility On Any Shock

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...the low index vol isn’t representative of the greater idiosyncratic risk under the hood.


Recession And Bonds: Navigating The Next Slowdown

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It’s odd to consider, but a recession could flip our bullish outlook on bonds to bearish...


Watch Live: Trump Hosts Roundtable On Antifa As Race To Dismantle Radical Left NGOs Accelerates

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"What a time to be alive"


The Debasement 'Trade': "Blue Horseshoe Loves Gold & Bitcoin"

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...these aren’t trades anymore... It’s capital flight.


Comey Arraigned, Pleads 'Not Guilty'

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"The mainstream media wants to take the eye off the ball and create theater..."


Palladium's Power Break Out

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Palladium squeezes above 200-week.

FOMC Minutes Signal Dovish Policy Tilt, But 'Majority' Fear Inflation Upside Risks

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“...a majority of participants emphasized upside risks to their outlooks for inflation.


Morgan Stanley Identifies The Top 'Tax-Loss Selling' Candidates For Q4

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...which stocks might be subject to a bit of extra selling pressure as investors look to harvest tax losses.


Yields Jump After Ugly 10Y Auction Tails, Foreign Demand Tumbles

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Another ugly coupon auction.