The pack underscores a market where AI economics, energy bottlenecks, flow dynamics, and positioning risks are moving to the forefront of traders' attention...

He found his chumps in the media who wanted to report the results without looking into the source...

Even the CEO of the world's most hyped AI company now concedes the economic disruption he promised hasn't arrived on schedule - because human habit doesn't bend to a fundraising calendar.

Once treated as the dollar’s mortal enemy after 1971, gold may now be Washington’s only remaining fiscal escape hatch as debt, hidden QE, and a weaker greenback force a historic revaluation...

More bad news for the US Producer Price Index for semiconductors? 

Face of a sewer prowler finally captured on camera...

US positioning is undergoing a decisive rotation, with Household & Personal Products and Consumer Services both flipping to crowded on the long leg.

Amid the ongoing fuel crisis in Russia, authorities are rushing to ease concerns that the shortages are worsening.

"We are lowering estimates across our airline coverage universe primarily to reflect a higher jet fuel price forecast..." 

"It would not surprise me to see a 40% to 50% correction at some point..."

Semis are selling off. Credit stress is rising. Meanwhile, protection has been getting cheaper. Read that again.

And separately Saudi ground troop convoys come under fire...

They already get free tents and teeth, why not a place to do the dirty, too?

Bessent lit the fuse. Gold and Bitcoin did the rest. Now the trade is getting dangerously crowded.

It is a busy week, with PCE and Durables on the economic front as well as a bunch of coupon Treasury auctions, but the highlights will Warsh’s speech at Jackson Hole on Friday and Nvidia earnings on Wednesday.

“The new USD Cash pool gives Strategy more time and optionality, but it does not remove those underlying obligations,”

DeMaio accused lawmakers of attempting to intimidate people "trying to shine light on bad behavior"...

Goldman's FX trading desk has addressed some of the most common questions around the logistics of the conference, things to watch, and some specific topics of interest this year.