REAR VIEW: SCOTUS strikes down Trump IEEPA tariffs; In response, Trump announces new 10% global tariff & will go "even stronger"; Trump considers limited strike on Iran; Hotter-than-expected Dec. PCE report, Q4 PCE figures also hot; GDP Adv Q4 misses expectations, weighed by govt spending amid shutdown; US S&P Global Flash PMIs unexpectedly falls; UoM underwhelms, although inflation expectation also dip; Fed's Bostic thinks neutral is 25-50bps below current rate; Fed's Logan thinks policy is well positioned; Fed's Musalem says real FFR is at or below neutral rate; CRWV credit concerns arise after OWL fails to secure data centre financing.

'Head on a swivel' was the theme of the week...

...the bank is preparing to strip race, gender identity, sexual orientation and other demographic factors from the guidelines used to evaluate potential directors...

Lot of put love around. Nobody owns upside. Liquidity is thin. What happens if we hold?

...and cue the leftist litigation.

"Most of the earnings increase comes from unrealized gains in consolidated..." 

On certain days this feels like the dawning of some very harsh realities; on other days it feels indiscriminate and imprecise...

On the diamond, the Mets are still chasing the success their owner promised. In the financial arena, however, he just delivered the most lucrative season of his career.

Trump confirms he's weighing limited strike on Iran...

The National Republican Congressional Committee called the injunction ‘a massive win’ for Virginians...

The landscape is characterized by sturdy macro news but increasing signs of fragility in markets...

"I'm not familiar with this deal, but if there is a struggle to find the debt financing, that's a bit of a red flag that I would want to drill into"

The theft comes amid a broader problem for Oakland as the city reported 9,914 motor vehicle thefts, one of the highest rates in the country. 

EM extremes don’t stop where consensus expects. Be honest — how many Brazil or Korea longs do you know?

"Hynix thinks the current memory pricing uptrend could continue.." 

Becalmed credit spreads would move abruptly higher if stocks experienced a correlation shock...

A small but growing “grief tech” sector has promoted AI tools that recreate voices or personalities of the deceased using photos, recordings, and written messages...

"We may have exceeded the speed limit"