"Welfare & Stimulus: Democrats will also look to soften the impact of the OBBBA and negotiate for delays..." 

...as Tehran gloats over 'heavy defeat' for Trump as Americans say 'No to War'...

The market is celebrating political gridlock. I'm looking at everything else that just got worse...

"The market seems to be betting Trump wants to put it behind him, raising the prospect for some sort of deal..."

"In theory, the midterms should not (and typically would not) drive a major change in USA foreign policy but may in this case,"

The blue wave that swept through Congress will affect the policies that are proposed from next year, but Trump will probably veto any bill that he does not like. “I have the ultimate power – it’s called veto,” he said in an interview before voting closed, adding that “if we didn’t win, I veto everything. I’ll be vetoing, vetoing”. 

"...good news on growth is tainted by yet another worrying intensification of inflationary pressures..."

...the blue wave is largely priced, but the flush probably isn't, especially if ETH's $2,213 cost basis gives way...

These cases are only the latest in a long line of incidents of political violence, largely from the left on our campus. This is the product of a radicalized environment, including faculty who are part of what I have called the "radical chic"...

The 20Y - which even Steven Mnuchin, who resurrected it after Covid, now wants dead - is living on borrowed time. The question is whether the cut arrives in February, May or with the first round of increases later in 2027. 

The user wagered $609,644 on the Republicans not winning any Senate swing states when odds sat at just 36%...

"This week, we honor the victims of socialism and communism by remembering their lives, defending the freedoms that were denied, renewing our resolve to safeguard the Republic entrusted to us..."

...the morning-after rally is mostly puts getting cashed, but the real story is that the hyperscalers' capex "prisoner's dilemma" may have just found a referee...

Moscow reacts: leaders in the Democratic Party have a "sharply negative" approach to relations...

Employers of all sizes were hiring last month...