Pump the stock market, pump the economy, bugger the costs of both, and hope for a mid-term election miracle ...

The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, the US Education Department said Tuesday. It’s buyers’ remorse on a daily basis for the swing voters who brought this administration back.

Vance said it was no longer necessary to "apologize" for being white. I'd venture as guess as to which "side" he might be on in this debate ...

Keren, who spent the bulk of the past two years in red-faced anger at the idea that government officials shouldn't tell Americans how they should "feel" about the economy ... just said Americans shouldn't feel bad about the economy.

MAGA blowhard.

Wordle 1,646 2/6 ⬜🟩⬜⬜🟨 🟩🟩🟩🟩🟩

There are no depths …

This is where broadcast media will fail once again: he’ll make his address, say things that aren’t true, and tell his version of the story first. Networks will run it, then try and fact check. But the statements (“we’re taking in $18 trillion”) will carry more weight than the correction.

Vlad looks eerily similar to "Outie Mark" from Severance.

If Johnson honestly thinks healthcare will be a winning issue for the GOP next year, he's ... (fill in the blank).

Financial media LIVES to cover media mergers.

... was convincing the markets that AI was a thing.

Headline Unemployment 4.6% ... highest since July of 2021

From the AP: "This season will be first AFC title game without either Patrick Mahomes or Tom Brady starting at QB since 2010."

"Store of value" trading at $88,500 heading into futures open ...

Calling the safety of Jews round the world a “Zionist narrative” is a despicable statement.

Get in!!!!!! Who’s that team the call the Arsenal …. ?!?!

Last week $RUT and DJ Composite each rang a new high. Excellent action in Dow Transports (still 1-yr removed from its own all-time high) boosted the DJ Comp. A few more highs across these bellwethers soon, would go a long way alleviate our Technical anxiety. (Four of which are <1% away.)

For a guy running a company he claims will change the world - in nearly every possible manner - Sam Altman seems to spend a great deal of time talking to the media. Like every day. Maybe this whole CEO lark isn't as taxing as we thought?

This is a Mickey Mouse deal ...

Kernen demanding balance in political reporting. Beyond hilarious.

Dead Head Fed hair

AI/capex is powering the lion’s share of GDP growth (and not adding to payrolls) … I have literally no idea why the sees UE at 4.4% next year … I truly don’t.

Fed goes for yield curve control … thinks UE holds at 4.4% … but cuts today. None of this makes sense.

Jay Clayton calls an economy with the longest run of unemployment under 4% "the worst for adult Americans I have seen in my lifeftime."

Hassett (Monday): plotting a course for Fed rates without data would be irresponsibe. Trump (Tuesday): lowering rates immediately is my only Fed Chair criterion. Hasset (Tuesday): we should lower rates by 50 bps tomorrow.

Humans raising children: 300,000 years. ChatGPT launch: 3 years ago.

Scott Jenninngs on CN-RNC.

“The New Yorker at 100”documentary is absolutely fantastic … I even got one or two of the cartoons!

Not sure I believe this story, tbh …

Faber: Fewer people go to the movies than they did 10 years ago, right? Well ... in terms of numbers, I suppose yes. - IMAX CEO Rich Gellfond. Penetrating analysis.

10s have backed up nearly 20bps over the past two weeks.

Brain, what is the most fascinating organ in the body? Brain: the brain, of course. Media, what are the most important stories in financial markets? Media: Media mergers, of course.

HASSETT ON FED: TRUMP HAS LOTS OF GOOD CHOICES "Has" or "Had" ('cuz last week we were told it was down to one).

He’s not right: “football” is a truncated version of “Association Football” (the contraction is “soccer”) … there is also “Rugby Football” … both are called “football” by their ardent supporters. American Football is as much a “football” game as Rugby Football So there …😊

Ugh.

She’ll be writing a story on college admissions the The Atlantic within two years …

Having Gretzky draw the playoff sides … possibly not the best decision.

If Rio is doing all this rule-translation from memory, I am immensely impressed.

Scotland already out in the first round … just cursed in international competition.

Never expect FIFA to do something simply when kitch complexity is an option ...

I can't even watch the footie without him poisoning it ...

Bond market's doing some weird stuff this morning .... 10s 4.13% and 30s testing 4.8%.

3 month old data in-line with forecasts ...

AOL- Time Warner ... 2.0

UK CMA, and EU Competition Commission, will never allow this $NFLX $WBD to go through as constructed .. Never. Ever.

"The proposed metaverse cuts are part of the company’s annual budget planning for 2026, which included a series of meetings at Zuckerberg’s compound in Hawaii last month ... " Nothing says humanity like planning job cuts just after Christmas from your compound in Hawaii

No one on planet earth: Sean Duffy:

Watched the first two episodes of Pluribus last night ... Meh. Not nearly as gritty as Gillian's last effort, and veers way too close to Zomie/Stepford Wives territory to be immensely original. May keep at it, but not terribly compelled.