This is not a normal cutting cycle...

...suggesting that the labor market improved significantly in the last week.

"The question is whether the selloff will continue after Nvidia’s results"

Trump has expressed concerns about safety in Seattle in reference to the World Cup, and his concerns are not unfounded...

...the inherent problem of “eternal bullishness” which is the “willful blindness” to the underlying data in an effort to chase short-term returns...

The gap between Japan's long end and gold is blowing wide open, and despite gold still feeling heavy after autumn's speculation binge, the rates move is turning into a tailwind gold can't ignore.

Miss driven mainly by the absence of storm/hurricane activity (hurt disaster... 

A lot of tech selling

"levered funds don't have the same availability of cash via repo transactions... which is the key device they use to gain leverage. This then mutes the velocity of investing as the lack of cash availability can lead to position unwinds." - JPM

100 Rafale fighter jets over ten years...

US jobless claims at 232k in the October 18th week, via DOL; continuing claims 1.957mln. European bourses are entirely in the red, US equity futures are modestly lower.

You know things are extreme when the latest VIX spike is tiny in comparison...

...the US sees threat partly because “historically they themselves used space technology as a tool of deterrence.”

Bigger crackdown than Russia...

"An explosive device detonated & destroyed the railway track," Tusk said.

...the agency declared that releasing the data would lead to the “distress or anger” of bereaved relatives if a link were to be discovered...

The climate change narrative is falling apart.  Time to switch gears and fabricate new fears...

Lavrov did indeed inject some predictable polemics into his answers, which is his style as anyone who follows him knows, but those aren’t legitimate grounds not to publish his interview...