...more borrowers opting for ARMs as "rates appear to be standing at a fork in the road,"...

"That camp has been swept aside by the political camp, which says, 'dammit, something has to happen.'"

That was very bad. 

...and these are the 'smartest guys in the room...'?

Michael Selig said tokenization could reshape financial markets as the CFTC and SEC continue advancing onchain initiatives despite the CLARITY Act setback...

"Worsening approval ratings weigh on Lula's prospects, reducing probability..." 

...the market is flashing warning signals of a potential major market top based on a variety of divergent technical and cross-market indicators...

King Dollar is back, and speculative USD longs just hit their lowest since May.

Rates are tightening towards the neutral rate and liquidity in the Treasury market has stabilised, indicating that buybacks and the Fed’s rate hike are working...

Chambers allegedly used his $250 million fortune to fund "revolution" in America.

Slowly the data center dream is turning into a nightmare.

“Given past experiences, our sense is that Trump’s visit to China earlier this year with a heavyweight technology entourage did not ultimately translate into meaningful progress on technology or hardware restrictions”

That question must be asked again today after Trump backed calls to halt US exports of refined products to address record high prices at home. Treasury Secretary Bessent said officials are now looking into if a total or partial diesel export ban is feasible...

The SPR saw a very modest 405k barrel drain last week - the second tiny drain in a row since the war began...

Quickly thereafter the US delegation walked out...

...diesel margins are now setting the long end of the curve

Apple uses Nvidia GPUs in the cloud. Now it is pitching Macs as an alternative to recurring cloud inference bills. That is the tension behind the AAPL/NVDA trade.

The city claims Trump Media is running a corrupt business scheme that violates federal and state laws...