“After negotiations dragged over financing” … ie, bond markets told them to PFO on their fantasy RPO forecasts

Miran performing the ultimate MAGA flip-flop: Tariff inflation is ... wait for it ... TRANSITORY!!!

Administraion hacks (Miran, Hassettt, Lutnick, etc) are terribly cavalier about the AI-related job losses to come. "Oh, people will be able to find work". GLWT

WHAT. The. F?

Operation Pissup Brewery, amirite?

Opie trying to grin his way through this disaster. Embarrassing.

100 years old today ... 3.5 years older than Warren Buffett!

Santelli referencing Friedman is *chef's kiss*

Stag.Flation.

$VIX, innit?

Special Envoy for the Shield of the Americas …. 😂

If Iran wasn't able to deliver on "Death to America" in 46 years, nor actually build a nuclear weapon, perhaps CNBC guy might want to reconsider how pressing the issue actually was.

ICE Barbie meet underside of bus …

Trying to imagine the circumstances under which I'd unmute Kernen talking to Pence. I'll get there in a few million years.

Does Trump drag Iran conflict into September, providing a “national emergency” pretext to suspend and/or subvert midterm elections? Pin this.

If Stramer had any sort of political instict, he's run with this criticism for as long as he could. Angering Trump might be his best electoral hope.

This is such an embarrassing spectacle ...

Time to unmute CNBC.

I wonder if the "hospital ship" arrived in Greenland? Haven't heard much about that ...

Hegseth: We didn't start this war. Okay. Sure.

Why are oil market guys so lecturing? It's obnoxious.

General tells CNBC that Iran's "strategic bombing" won't work, cites historic failures. Somehow, same general is convinced US strategic bombing will me a resounding success.

I can take two hours away from the world and watch Arsenal v Chelsea … literally anything is possible when I return …

So, with Khamenei allegedly killed, the bet now is just how nihilistic a response the the Revolutionary Guard, as well as the portion of Iranians (and others) who saw him as supreme leader? Who wants to take a piece of that action?

10-year <4% is > OpenAI pump-'n-dump.

"A panicked salesman is a dead salesman." Tom Wolfe, Bonfire of the Vanaties. Feeling like CoreWeave CEO sounds like Sherman McCoy trying to sell his dying Giscards.

I'm not buying Jim's line that a sub-4% 10-year is bullish for stocks. It's telling us there are some really, really significant concerns out there from a lot of people that would love to do anything apart from buy US debt.

If it’s gross when people you don’t like kiss the King’s ring, it should be so when people you like do the same. Sorry … but I cannot and will not warm to charlatans- regardless of how practical they seem. Machiavelli should have made that clear.

Auctions getting more expensive, and foreign buyers trimming exposure.

Wall Street's biggest bet isn't on AI as a bubble, it's on the (hugely misplaced) hope that some sort of "regulation ex machina" will arrive to put guardrails on a technology specifically designed for our obsolescence.

I love how the same MAGA bootlicker who defended DOGE because "The government adds no value to the economy" now say GDP would have been 2 points higher had it not shut down.

Talks smack, disables replies. I don't know about this younger generation, homes ...

It *is* Wednesday, right? $NVDA

Building power plans doesn't create power ... they can build all they want. There are finite sources to generate power and if AI takes the lion's share, the cost for the rest of us will surge. Building power plants wont' make a blind bit of difference.

There won’t be a drive-thru: MCD is already well advanced in deploying AI technologies and a fully-automated restaurant (including drive-thu) is probably a more likely scenario than one staffed by humans.

Had to do an "unfollow" ... this whole "Is BlueSky *really* cool" thing has run its course.

Keren using GOP talking points while talking to a GOP lawmaker is truly embarassing ...

25th Hour …

Top notch “started: going” images!

A lot of time spent during a civic crisis making a TikTok …

We've reached the "Anthropic says" stage of the AI hype cycle It differs from the "OpenAI says" stage, where everything went up. And the "Oracle says" stage, where CDS spreads blew out Fear not, however, because 48 hours from now, another quarter put from the "Nvidia says" stage will be launched

We are long, and therefore recommend ...

Perhaps the biggest shocks of the Mandelson arrest is that he lives in … Camden?

This is quite a gem: “Markets quickly realized that the ruling might not change much in the near term and will rather increase uncertainties,” said Stephan Kemper, chief investment strategist at BNP Paribas Wealth Management. “Donald Trump is not known to avoid a fight or give up easily.”

They think it’s all over … it is now! It’s four!!!

So, a calendar?

Every Gooner at “White Hart Lane” rn:

Hellebuyck is an Algonquin word … roughly translated as “brick wall”.

Posing for a glam shot with your interviewee doesn’t typically correlate to a series of tough questions.

Friday: you now have absolute certainty on tariffs Saturday: I am raising the tariff to 15%