'AI Tax' Threats & NACHO Nerves Trigger Market Tantrums
...a triple whammy tripped the market today.
...a triple whammy tripped the market today.
...as the unresolved Iran war looms heavy.
"BTIG's base case is for an “equal and opposite” reaction to the recent parabolic tech/semis/AI advance, with SOXX at least testing its 50-day moving average "~20% lower from current levels"."
Gen X borrowers, including those age 50 to 61, have the highest average student-loan balance of any age group. Many of them either reached college age as the modern federal student-loan system was forming or borrowed later, likely on behalf of their children.
The lawsuit comes after a recent Supreme Court decision that found using race as a factor in drawing districts unconstitutional...
'tis but a flesh wound...
“As the backbone of the digital economy, compute is the new oil of the 21st century"
Labor unions and major banks are now aligned against it...
Who knew rich people would just move?
"I find myself locally negative risk for a few reasons..."
"Trian in recent weeks has held discussions with outside investors... "
Wheels falling off the bond market.
...the two assumptions driving the self-feeding bid in stocks are in question.
Described these as aircraft related to high level diplomatic visits & contacts.
The market impact is being driven by misinterpretation rather than policy action...
"The end of the rally could very likely be a Nasdaq level 1 “limit-down”-type trade, and/or with SMH -15% to -20% in a single-session, and slowly moving into Pretty Damn Real Delta..."
"...stick with the long delta / long vol pairing."
In the end, Steyer may not consider the powder worth the prize when it comes to Porter. It would, however, make for a more interesting case than the campaign of either candidate...