Officers "used niceness as a strategy for upholding a system of Whiteness that systematically privileges White people and excludes those who fall outside of Whiteness..."

"The city screwed this up… got it wrong… stop the train and make them do it over." 

...US existing home inventory fell annually for the first time in three years...

It is not coming apart in the headline equity indices, where everything looks tight, well-bid, and orderly. It is coming apart one level down - in credit, in positioning, and in the accounting...

Melt-up or rug pull? Call spreads for one, cheap puts for the other.

Senate can institute a rule that once a month, the citizen constituents of each state will be able to vote electronically on whether they wish to retain or dismiss their senator.

Iranian Christian refugee and locals sound alarm over potential for Sharia law...

Whoa...

Death, taxes and pre-market "ceasefire/Hormuz transit deal is imminent" headlines...

"You don't need history books to evaluate socialism anymore. You don't even need a passport. You can go look at the results in the present day — or talk to the people in America who escaped them." 

Nvidia’s $500 billion financing push is a fresh reminder that the AI buildout is increasingly a credit story, and wider spreads are becoming a less comfortable companion to equity gains.

A short take

The physical AI race is gathering steam.

There was a maritime incident reported in Bab al-Mandab, with Fars reporting that a Saudi ship was reportedly targeted by the Yemeni army.

For the average person who doesn’t have the backing of a corporation, how could we tap into the power of agentic systems without tapping out our wallets?

Russia has long been fearful over foreign entities making inroads into Russian society...

Everyone got blown out of Korea. Leverage is gone. Vol has crashed. Valuations have reset. Now it gets interesting.