Latest news
Why OpenAI doesn't IPO
OpenAI is reportedly seeking another $30B at a $1.4T valuation, raising the question of why it’s staying private instead of going public.
Read more about Why OpenAI doesn't IPO
What's going on with bonds?
Bonds are going through their worst crash in recent memory...
Read more about What's going on with bonds?
$60 billion in window dressing
The real motive behind these deals is just to buy time...
Read more about $60 billion in window dressing
All show, little progress
The biggest result of the Trump-Xi summit so far is that they bought themselves two more months...
Read more about All show, little progress
10-year yield hit 5.12%!
"When will the AI bubble pop?"
Warsh's strategy is working
He effectively lowered Washington's long-term borrowing costs with a rate hike...
Read more about Warsh's strategy is working
Indexes are hiding giant rotations
This relatively smooth year at the index level hides four giant rotations...
Read more about Indexes are hiding giant rotations
Was this a "forced" hike?
10-year yield has crossed 5%!
The Fed's biggest dilemma
The dangerous 5% threshold
So, are stocks cheap or expensive?
Analysts come to two opposite conclusions at the same time. How so?
Read more about So, are stocks cheap or expensive?
Gold's historic asymmetry
This is NOT how gold is supposed to work in an ideal world...
Read more about Gold's historic asymmetry
Should you fear S&P 500’s top 10 stocks?
Why has the U.S. market suddenly narrowed down to tech stocks?
Read more about Should you fear S&P 500’s top 10 stocks?
China’s biggest bank boost since 2008
Beijing borrows another $45 billion, extending its biggest bank recapitalization since 2008...
Read more about China’s biggest bank boost since 2008
The denominator is broken
Stocks, commodities, and Bitcoin are rising together because investors distrust the currency used to price them.
Read more about The denominator is broken
Broadcom drops a monster AI forecast
Broadcom just delivered one of the most aggressive forecasts of the entire AI boom.
Read more about Broadcom drops a monster AI forecast