Morgan Stanley Quants Warn Of Billions In Levered ETF And Systematic Selling, No Retail Buyers

teaser image
teaser image

"Crowded positioning coincided with an air pocket in demand, leaving consensus longs without a marginal buyer. A snapback in Momentum and consensus longs is possible after today, but Morgan Stanley quants would sell any bounce in Momentum..."


"Worst Day Since 2022": Wall Street's Top Traders Explain Why Momentum Suddenly Blew Up, And What's Next

teaser image
teaser image

"Today’s session represents a clear escalation of the rotation and dispersion themes that surfaced yesterday - less about Software and more about a broader “re-risking to reversal” moment, where crowded Momentum exposure is being challenged aggressively" - Morgan Stanley


Dutch Government Refuses To Probe UK Travel Ban On Eva Vlaardingerbroek

teaser image
teaser image

... her authorization had been canceled because her presence in the UK was deemed “not conducive to the public good,”


teaser image
teaser image
European bourses are broadly on the backfoot; US equity futures mixed, but the NQ outperforms, as chip names benefit from Alphabet boosting AI spending.

UBS: SpaceX-xAI Merger Signals Rise Of "Orbital AI"

teaser image
teaser image

X marks the spot as Elon Musk moved swiftly...


Europe Begins to Find Its Footing. Perhaps.

teaser image
teaser image
Stronger geopolitical resolve, easier monetary policy, and improving data are reshaping the region’s outlook.

EU Inc: Can Brussels' Latest Corporate Reform Escape Bureaucracy's Grip

teaser image
teaser image

For Brussels central planners, particularly in Eastern Europe, a political storm is brewing that, once unified, could one day shatter the regulatory chains.


Thinking About Bottom Fishing in Software

teaser image
teaser image
Was that the exhaustion signal?

How Fast Is The Asian Population Ageing?

teaser image
teaser image

...demographic shift is no longer a distant projection but an accelerating reality across parts of Asia, with the share of people aged 65 and over rising fast in several countries.


Netherlands To Tax Unrealized Gains: EU Wealth Grab And Global Implications

teaser image
teaser image

A fiscal storm is brewing in the Netherlands. With the potential introduction of a tax on unrealized capital gains, The Hague is set to become a testing ground for the systematic transfer of wealth from the private sector to the state...


Russia Offers To Remove All Enriched Uranium From Iran

teaser image
teaser image

Last ditch mediation: "but... important to note that the aforementioned stockpiles belong to Iran."


Germany Faces Gas Shortage Crisis: Industry Demands Strategic Reserve

teaser image
teaser image

It is remarkable that Germany has largely ignored fundamental questions of energy market design and the security of grids with baseload energy for years... a consequence of ideologically driven decisions.


Precious metals back underpressure; Crude falls as US-Iran talks are to proceed - Newsquawk EU Market Open

teaser image
teaser image
APAC stocks were mostly lower following the continued tech selling stateside and flip-flopping regarding US-Iran talks, while commodities were pressured overnight with silver prices dropping by a double-digit percentage.

Brad Karp, Chairman Of Top Law Firm Paul Weiss, Resigns Over Epstein Ties

teaser image
teaser image

Karp mocked accusers while coaching Epstein...


"I Deeply Regret": Bill Gates, Reid Hoffman Deny Epstein Malarkey, And Here's Some Weird Sh*t

teaser image
teaser image

"Your littlest girl was a little naughty..."


How Will Key Countries Respond To Washington's Attempted Restoration Of Unipolarity?

teaser image
teaser image

The US’ restoration of unipolarity risks sparking another World War if cooler heads don’t prevail...


Hong Kong Graduates Face Toughest Job Market In Five Years

teaser image
teaser image

Recruiters say companies are now far more selective in their hiring.


Netanyahu Tells US Envoys Iran Cannot Be Trusted If Deal Is Reached

teaser image
teaser image

US official: "It's really the Israelis who want a strike on Iran."


Silver Crashes 20% As China Opens, Gold & Bitcoin Also Plunging

teaser image
teaser image

...but “structural drivers remain intact and we continue to expect a rebuild to the upside.”


The US Might Make The Sahelian Alliance An Offer That It Can't Refuse

teaser image
teaser image

...may be told to let the US replace or at least “balance” Russia’s role as their top security partner under implied pain of US-backed Nigerian military pressure on anti-terrorist pretexts