The biggest shift in the flow data has been the unwind in the old leadership...

"After the hawkish pause of the Fed earlier in the month, one would have expected market exuberance to stall, but that doesn’t seem to be the case"

"The devastating earthquakes in Venezuela exposed exactly how the socialist government built housing for their people. Look at this video from La Guaira." 

A six-minute CNBC argument exposed the biggest unanswered question in investing... 

The plan centers on three growth pillars...

Before the pandemic, in advanced economies (DM), 73% of deviations in inflation from its long-term trend could be attributed to food and oil prices, which are primarily driven by global factors and weather rather than monetary policy.

“Disappointment in returns could trigger a sudden pullback in financing and turn the capex boom into a protracted investment bust, with potential knock-on effects on financial conditions”

Goldman Sachs and PJT Partners are advising Comcast on the tax-free spin-off... 

The gains were fueled by heavy promotions across categories including electronics, appliances, clothing, toys, personal care products, and household necessities, as consumers looked to maximize savings amid ongoing cost pressures.

"Info Tech was by far the most net sold US (and global) sector, driven by long-and-short sales (1.3 to 1); this week’s net selling in US Info Tech – in both $ and % terms – was the largest in more than 10 years, a 4-sigma move."

“While cannabis remains the most widely used drug, the global cocaine market has reached record levels...”

"AI infrastructure stocks fell while hyperscalers and Apple held up, as the market is beginning to price in a peak in memory tightness."

The European Banking Authority laid out a proposed penalty framework that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue...

The decision reflects a broader shift across the auto industry as manufacturers lean more heavily on robotics and AI to improve efficiency while labor groups warn about the impact on employment.

We should be polite but there’s no real point in spending too much time getting to know him, because he’ll be replaced with a new model in a matter of months...