What happened to ChatGPT?

Migrant families receive $4000 in grants to aid transition out of NYC shelters trib.al/3obK72s

My only position. I held 50 contracts of $SPY $530 puts over the weekend that I paid $1.60 per contract (they closed Friday above $5). I’ll liquidate it on Monday. 🔽

Donald Trump Trump threatens to impose a 100% tariff on countries that conduct business in currency other than the US Dollar, adding a new pillar to his tariff platform. Trump, who has long embraced protectionist trade policies, said the dollar has been “under major siege” for

Something doesn't make sense. Why are stock prices falling when the Fed is set to lower interest rates to avert a recession and to stop the unemployment rate from rising by boosting economic growth? We had a glimpse of the answer in early August: The carry trade is still

Now priced for a 55-60% chance of 50bps, which probably means more like 85%:

This looks like a triple top to me. The chart is even worse if you price #Bitcoin in #gold. At a minimum, Bitcoin is headed to the upward trend line at about $42K, but I doubt it will hold. A retest of longer-term support at $15K–$20K is more likely. Look out below. Michael Saylor

The number of new companies founded in #China No comment needed!

BREAKING: The number of full-time real estate agents and brokers in the US dropped to 440,000 in 2023, the least since 2014. The real estate agents count fell 72,000 year-over-year, or 14%, marking the largest drop since 2008. The number of members in the National Association

When even 50 is not enough: Senators send letter to Powell asking for a 75bps cut. warren.senate.gov/imo/media/doc/…

The current crossroads we are at: According to Goldman, the S&P500 typically rallies 10-17% post the first rate cut if there’s no recession, but drops 15-20% if there is a recession. So… what will happen this time? Soft or hard landing? Place your bets!

Today is September 16th. The worst possible day to buy the close on the S&P 500 and hold for the next 10 trading days is today. This doesn't mean the world will end like the same permabears have been saying for two years, but just be aware some weakness now isn't abnormal.

Jensen Huang is selling $NVDA as fast as he legally can. Look at the amount of selling compared to the past 5 years.

So India has officially surpassed China in the weighting of the MSCI World Index.

The front running of #Fed #ratecuts by the #Treasurybond market has been unprecedented.

Warren Buffett is hoarding more cash: Last week, Berkshire Hathaway reported that it sold $229 million of Bank of America stock, $BAC, over 3 trading days. Since mid-July, Buffett’s total sales of $BAC hit $7.2 billion or 174.7 million shares. As a result, total holdings fell

At this stage in the business cycle, with financial conditions easing – and fast – we’re right in the middle of a classic setup where commodities are primed to move higher again soon, just as everyone else has turned mega bearish.   Historically, it’s in these moments of extreme

Gold is money. Everything else is credit. Quote attributed to JP Morgan. Graph Bloomberg

Van Gogh - Morning - Farmers Going to Work Morning: Going to Work is an oil painting created by Van Gogh in 1889. This work depicts a group of farmers going to work in the early morning