"We don't have a housing shortage. We have an illegal alien invasion." 

“What defendants seek to do likely violates the Constitution (separation of powers and Spending Clause) and the Administrative Procedures Act...”

"Their emblem is a wolf in sheep’s clothing, as if that doesn’t tell you what they’re doing..."

"As well as two epic World Cup semi-finals before that, and the start of the Open golf it’s a packed week ahead in markets" - DB's Jim Reid

Plenty of names circulating and one person has already announced...

Regardless of any directional bias for this market, positioning for a volatility spike has rarely been cheaper...

Growing number of Tehran flights to Yemen...

“The sharp selloff in Korean equities from the June peak is raising questions with some investors regarding the sustainability of the AI trade more broadly. With Middle East tensions rising again, this too has added to market consternation.”

"The Average stock call skew almost trades at parity (i.e. 25-day call and atm implied vol are the same) while avg stock put skew trades at 10y lows." - Goldman

...there have been an increasing number of warning signals over the last month, many of them rhyming with the March 2000 peak...

Forget the headline beat or miss. The numbers that actually forecast the economy are the credit metrics, and they rarely make the front page...

"In part the drop in the Korea listing reflects a switch trade – selling the locally listed shares to buy the US ADRs..." 

The gap between global fuel retail price and Brent remains at an all-time high of $128/bbl....

"On the evening of Saturday, July 11, U.S. Senator Lindsey Graham passed away..." 

Whether its massive 0DTE puts coming in on oil before a ceasefire announcement or someone seeing Conor McGregor limping into the ring...