Jackson Hole Preview: What Will Warsh Say?

Warsh’s Jackson Hole speech offers an opportunity to clarify his vision for the central bank, either through a “big picture” talk focused on task forces or through a policy-relevant discourse that cleans up some missteps in recent communications and presents outlook scenarios...


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Alpha-gal syndrome (AGS) is an allergy to a carbohydrate expressed by non-primate mammals known as alpha-gal. Tick bites are the best-supported and most extensively studied cause of this allergy.

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NVDA earnings leads tech higher as US/Iran tensions ramp up - Newsquawk US Market Wrap

REAR VIEW: NVDA earnings beat & strong guidance; Trump admin told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June; Initial and continuing claims fall W/W beneath exp.; White House on Iran said no negotiations happening right now and all options remain on the table; Iran said will not allow US, French, and UK vessels to enter the region of Hormuz; Fed's Hammack said now is the time to act, argues for higher rates; WH reportedly mulls a new round of tariffs on chips; CRM and CRWD earnings beat expectations.

Follow The Risk

Almost every government action reduces risk for some group and repackages the risk and forces another group to bear it...


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Average 7Y Auction Stops On Screws As Foreign Demand Drops

This was a snoozer of an auction and maybe that's for the best one week after the Bessent Buyback Bluff sparked market chaos and turmoil across the entire yield curve. In short: things are mostly back to normal, even if yields on the long-end remain just shy of multi-year highs.