The bond market is beginning to force reality onto Washington, and it may ultimately force an end to the Iran war long before politicians or diplomats are willing to admit it...

Spitballing plans... Day 83.

"Today, the Trump EPA is fulfilling President Trump's promise to lower costs and is fixing every problem..." 

The risk now is that the unwind feeds on itself, maybe in combination with the building macro concerns or a flip in the calm at the micro level

May PMI indicates that the economy will struggle to manage annualized GDP growth of much more than 1% in the second quarter...

"We're in a zone that's historically been associated with bariatric surgery, and you're getting it with a medicine." 

 

 

Stocks were in fact the worst performing asset through the 1970s...

"Honestly, f*ck almonds ..." 

 

Exploiting the world’s most extreme AI call skew

“The high-income consumer is spending with confidence in many categories, whereas the low-income consumer, we can tell, is more budget-conscious, trying to navigate certain financial distress”

Since April, SK Hynix has dropped more than 1% only 5 times. Every single dip was fully erased within 1–3 days. Korea’s AI trade has become pure reflexive upside panic.

Lineberger is accused of secretly transferring Jack Smith’s final report and hiding the material under files labeled “chocolate cake recipe” and “bundt cake recipe"...

The pace of starts and permits on a SAAR basis has remained flat for four years...

And once confidence in the system itself begins eroding, things can unravel far faster than policymakers would like to admit.

...amid all the turmoil, initial claims are unchanged since 2021.

US Vice President slams open borders failures and backs British resistance...

"The Trump administration is leading the world into a new era of American innovation."

“Investors remain relentless in pursuit of supernormal returns offered by AI”