UC San Diego Abandons Female-Only STEM Program After Federal Complaint

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Civil rights activist told university to drop program or offer equal opportunities...


Zelensky To Present 'Victory Plan' To Harris & Trump In September

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"Kursk region is part of our plan—Ukraine's victory plan."


AI Vs Human Leadership: Debate Over Plan To Govern Cheyenne Heats Up

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Artificial intelligence could soon be governing a city in the United States - at least if one American mayoral candidate has his way...


Solid 2Y Treasury Auction Prices At Lowest Yield In Two Years

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The auction stopped at a high yield of 3.874%, the lowest since August 2022 and down sharply from the 4.434% last month, a 56bps drop which was the biggest since the December recession scare


Goldman Cuts Oil Price Target By $5 To $70-$85 Just As Sentiment Hits All-Time Low

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"The risks to our $70-85 range skew to the downside given high spare capacity, potential trade tensions, and the possibility that OPEC may fully reverse the extra cuts in 2025."


China: Lower-for-longer

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Stocks and economy seem to be on the same one-way street.

RNC Sues Detroit, Alleging City Did Not Hire Enough Republican Poll Watchers

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Detroit appointed seven times more Democrat poll watchers than Republicans for its primary election, the Republican complaint states...


Why is Powell suddenly so dovish?

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Everything is political.

"I Feel That A Recession Is Going To Hit The US" - Dallas, Richmond, & Philly Fed Surveys Slump

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"Honestly, I do not think this economy can withstand the ravages of what it has experienced since 2021..."

 


3 Rate Stress Charts We Are Watching

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Stress in the rates market moving higher...

Largest US Grid Faces Tough Test As Heat-Wave Hits Midwest

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...coordinates power supplies for 65 million people in all or parts of 13 eastern and Midwest U.S. states...


USD the most below 200-day in more than a year

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Is there an avalanche of dollar selling upcoming?

Democrats Sue Georgia Election Board To Block Voter Integrity Measures

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"These novel requirements introduce substantial uncertainty in the postelection process..."


Trump Slams Harris 'Flip Flop' On Border Wall, Says Kamala 'Cowering Behind' Anonymous Staff

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Brazen...


Appeals Court Turns Down RFK Jr. Bid For Injunction Against Google

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Robert F. Kennedy asked the court to stop Google from removing his YouTube videos...


Ukraine Faces Its Most Difficult Winter In History

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 Biden expresses 'outrage' and says US is "surging energy equipment to Ukraine to repair its systems."


The Powell Of The Powerless

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The key danger for markets is that while all they want to hear is ‘finally, Fed rate cuts!’, the FOMC Chair may yet show himself to be “The Powell of the Powerless”, in that he can’t do what he and they want.


Did The 'Fatty Bubble' Pop? Eli Lilly Discounts Low-Dose Zepbound Vials By 50%

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"This new option helps millions of adults with obesity access the medicine they need.."


De-Dollarization & Multipolarity Plans Top Agenda For October BRICS Summit: Report

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...if the source is correct, then the next summit will reaffirm its members’ voluntary right to de-dollarize their trade with each other... and possibly make progress on a BRICS currency basket.


Conference Board Survey Signals Weakest Labor Market Since COVID Lockdowns

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...and purchase plans for homes, cars, and appliances all plunged.