US FREIGHT RECESSION DEEPENS: The Cass Freight Index, a key gauge of shipping and logistics activity, plunged in August to its lowest level since the 2008 Financial Crisis, signaling severe weakness in freight volumes and ongoing strain across the U.S. transportation and

The decline in relative wage increases for the bottom quintile of earner in 2025 is really something. atlantafed.org/chcs/wage-grow…

Risk off mkts seems correlated w/funding bid. 1) Yday, SOFR > Fed funds upper band tgt for 2nd time in month. Chart is 75%ile SOFR +10; overall SOFR +4 2) Funding dmd today is considerable. Heard (no verification) regional banks behind the bid 1/

Euhh why is no one talking about this chart? #BTC #Xauusdgold #gold #Xau #Crypto #Silver #Xau fejau

A lot has been said about a Fed policy mistake. They do make mistakes for sure but the bond market is not saying the Fed is making a policy mistake by cutting. No one knows if the economy is going to overheat, cool rapidly, or stagflate.

18 Counterparties Take $23.792 Bln At Fed Reverse Repo Op. (prev $51.802 Bln, 25 Bids)

QE next? #qe

Headline: Combined Oct/Nov = +3.2% (+3.8 excluding the effects of the shutdown & its impact on Federal employee payrolls). Net-net: No big contraction in labor; slow decline but still positive. I'm combining Oct/Nov because of the way Nov 1st fell in 2024 vs 2025.

If I were the U.S. Treasury and I saw the Fed buying $40B a month in T-bills while risk premia kept grinding higher—and I knew the Fed expected its purchases to slow after the April 15 tax date... I’d lean issuance hard into the front end ASAP. Keep SOFR–fed funds trading

16/ The lesson: The signal on AI infrastructure is on X and in long-form podcasts. Baker's interview was 90 minutes of alpha hiding in plain sight. The All-In pod showed the thesis playing out in real-time. If you're waiting for sell-side research to tell you this, you're already

🇺🇸 Employment — January 2026 *Revelio Labs says US Jan. Nonfarm Jobs fell 13,300. reveliolabs.com/public-labor-s…

You can have a verified track record, audited numbers & a Sharpe above 1.5 — & still never raise a dollar. Claudia Quintela raises $50–200M checks for emerging hedge fund managers who can run a book but can't yet get in the room — she's done it for 25 years across UBS, Morgan

Operation Shield of Judah Free Live map with 15min update on strikes with oil facilities, nuclear and military base. #oott #Iran #wti #Brent #Tehran claude.ai/public/artifac…

OIL TANKER EXPLOSION NEAR ABU DHABI - IRIB

Spring Break goes WILD☀️ 🍺🤪 and the students have NO IDEA what’s going on🤣 “The BIGGEST issue in America is what BIKINI I’m wearing tomorrow”👙 “We’re going to war with IRAQ that’s been crazy”🤔 “I’ve NEVER heard the word Ayatollah in my life”🫢 “Is Venezuela in

OUT NOW - how Anna Wong sees risk of an oil shock: - inflation likely to peak at 6% even at $200 oil - U.S. economy has chance to be resilient, even at $150 - Fed should look through energy shock & be dovish Apple shorturl.at/8u7d8 Spotify shorturl.at/rjtLv

🇦🇪 Critical context for the UAE's announced departure from OPEC: the UAE has chronically overproduced it's official OPEC production data (and thus quota) for years—by my estimate, ~400 kbpd more on average in 2025. UAE has grown its production capacity more than any other OPEC

NETANYAHU MAY HEAD TO WASHINGTON FOR TRUMP-LED CEASEFIRE PUSH Israeli Prime Minister Benjamin Netanyahu is reportedly planning a potential trip to Washington in the coming weeks to meet President Donald Trump, according to an Israeli source. The visit could happen as soon as