Latest: The Iran Deal
...despite the geopolitical tensions resurfacing, the options complex is signaling that the micro will matter more than the macro through the end of the year...
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"Don't tell me I'm not seeing what I am seeing."
Tehran says 'open' to diplomacy but would continue self-defense...
The populist surge has become an existential threat to the establishment – and their response is ever-more authoritarian measures to govern what we can read, see and say...
In far-left Oregon, children are up to three times more likely to be diagnosed with gender dysphoria and prescribed hormone treatments...
...when a Shanghai-based financier’s nonprofit network, a revolutionary political party sharing its leadership, a Beijing-linked climate group funding elite American universities, and a state-linked propaganda operation all converge...
... the task force said 5,148 guardsmen had been assigned to Washington.
We're told we have to choose between two competing goals...
The incident happened at an Ottawa-area Ontario Provincial Police detachment, where officers said a resident arrived with the decades-old explosive after finding it while cleaning out her basement.
California's shadow cannabis industry linked to Chinese organized crime and narco-slavery...
Some estimated they can clear $300 or more on busy days, with profits coming from marking up inexpensive medications purchased overseas.
The irony would be funny if the stakes were not so high.
The 30-day delay hands Canadian exporters, and their lawyers, a month to work with.
“...there needs to be a surge... it’s coming...”
Milton's lawsuit against CNBC and Hindenburg was dismissed with prejudice...
Huge provocation: Iran issues a "thank you" message to the Jordanian people...
NS
"Erroneous estimates" and flawed theories have created undue sense of comfort
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...this market structure is completely new and untested. It will hence necessarily react differently during the next crisis than in previous ones...
The VIX still looks remarkably calm, but beneath the surface the picture is very different. Exploding single-stock volatility, deteriorating dealer gamma and rising demand for downside protection suggest investors shouldn't let the VIX fool them.
One month ago, Asia's AI trade meant buying Korea and avoiding China. Today, capital is rotating into China's large-cap technology names as improving AI competitiveness, still-light positioning and deeply discounted valuations are forcing investors to rethink the next phase of the AI trade.
The first half of 2026 was close to paradise for hedge funds. Then came July, exposing how quickly record alpha, record positioning and "market neutral" portfolios can unravel when everyone owns the same momentum winners.
Miss Market is wearing a semiconductor costume. AI remains the defining investment theme of this decade, but when one sector dominates positioning, trading, volatility and even half of next year's expected S&P 500 earnings growth, every investor should understand just how concentrated the market has become.
The AI trade is suddenly under attack from every angle. Momentum is imploding, China is closing the AI gap, semis are flirting with a bear market, and earnings season may decide whether the trillion-dollar capex story survives.
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