Asia walked in with steadier hands after yesterday’s plunge-tank dunk. Tokyo and Seoul popped out of the gate, drafting a Wall Street session where dip-buyers reappeared just as quickly as they vanished, helped by still-resilient US labour signals and...
Surprising no one, and yet shocking many, avowed socialist Zohran Mamdani won the election yesterday to become Mayor of the largest city in the United States.
Probably the main reason for Mamdani’s victory is that he pursued the tried-and-true method...
The Supreme Court (SCOTUS) will begin hearing arguments challenging President Trump’s use of tariffs. Given the market volatility that tariffs have generated over the last six months, the SCOTUS case could prove to be yet another market-moving event.
The tariff...
Repo has tightened, the effective funds rate has risen, and the Fed has reacted with a promise to buy T-bills. So far, heavier bills issuance has crowded out Repo longs. Ahead, expect a bigger shift into Repo. The spread...
Palantir’s (NASDAQ:PLTR) surge to a roughly $490 billion market cap despite less than $4 billion in trailing revenue illustrates a core market tension. Liquidity-rich retail flows and geopolitical alignment are overpowering traditional valuation frameworks. The immediate opportunity lies in...
RAFAEL LAGUNA DE LA VERA: Government can change law. Government can put a lot of money at stuff, even more than any rich individual could do. Government is actually required to...
It’s almost comical how reflexive this market has become — when the Bloomberg headline ticker flutters even before the scroll finishes, the tape jolts like a patient hit with a defibrillator. Monday was another one of those sessions. The...
latest quarter pushes the AI narrative back to center stage and raises a sharper question for markets: how far can valuation stretch when both government and commercial demand surge at once. The transmission channel is the high-beta AI...
Waiting until after the Budget could be too late.
Rachel Reeves’s emergency Downing Street address at 8 a.m. was the strongest indication yet that tax rises are coming. It was carefully choreographed: an early-morning broadcast designed to steady markets while...
A new wave of platforms lets traders bet on real-world events, from policy decisions to pop culture. What began as speculation is now challenging how finance measures truth and probability.
Markets aren’t just for stocks and commodities anymore. People now...
