Latest: Iran War: What's Next For Markets
The company's board of directors have started to closely examine the company’s data-center deals in recent months and questioned Sam Altman’s efforts to secure even more computing power despite the business slowdown
Latest Iran offer centers on lifting of US blockade on its ports...
The income tax system’s rejection of natural rights is exemplified by withholding that gives government first claim on an individual’s earnings...
The only thing that Steyer proved, again, is that there are sadly few requirements to run for governor of California beyond a large fortune and little shame...
Eventually, North Korea will want Putin to return the favor & huge sacrifice...
...phishing/spoofing was the top crime type reported to IC3, which received 191,561 complaints.
"The key question isn’t whether demand is strong - it clearly is - but whether capex goes even higher? If it doesn’t, that’s a problem for the narrative…because flat capex in a world of rising input costs is effectively a slowdown."
Premium
CTAs are no longer buyers of SPX...
Premium
Rage helps people excuse any offense or attack
" ... fueled by a strong subtropical jet stream ... "
The seized drugs have an estimated combined market value of almost $12 million...
"A tech bubble finally back-on in anticipation of largest IPOs in history of mankind" - Michael Hartnett
Premium
"This is deranged and beneath our state."
NBC finds counterattacks caused far more damage that US has publicly acknowledged.
" ...twice as fast and twice the magnitude of the 2022 energy crisis."
Premium
No democratic system is ever immune from self-inflicted wounds. That is why Benjamin Franklin reminded us that this remains our Republic if we can keep it...
Really, all the EV industry needed wasn't lower auto loan rates but a Hormuz chokepoint closure...
...to reserve women’s shelters only for women, not for mentally ill men.
NS
new elections required by the end of October 2026...
The hardest trades aren’t the ones that don’t work — they’re the ones that work too well, and semis have gone from strong to self-reinforcing as expectations and price feed off each other. Parabolic works… until it doesn’t, and at 60x P/E with upside panic building, this is where convexity starts to matter.
MAG has broken above range highs… but leadership has flipped, with CPUs and analog doing the heavy lifting while the usual GPU generals lag. Looks like a breakout… trades like a squeeze, as positioning, flows, and forced buying keep chasing the right tail.
Structural
Relentless doesn’t even begin to describe it. The biggest buyer in equities, the US corporate, is back. Record buyback authorizations, blackout windows ending, and over $1 trillion in demand this year. They’re buying at highs, shrinking supply, and mechanically boosting earnings. This bid isn’t price sensitive, it’s structural.
Emerging Markets are undergoing a structural shift. Taiwan has overtaken China in index weight as semiconductor-driven earnings dominate. With North Asia (that is Taiwan and Korea) delivering over 90% of growth and AI fueling momentum, EM is becoming less diversified, and far more concentrated.
Gold isn’t doing much… and that’s the point, stuck in a broad range with no follow-through as positioning stays static and flows remain uninspiring. This isn’t about direction… it’s about harvesting theta, because in a range like this, direction doesn’t pay… theta does.
Assistance and Requests: Contact Us
Tips: tips@zerohedge.com
General: info@zerohedge.com
Legal: legal@zerohedge.com
Advertising: Contact Us
Abuse/Complaints: abuse@zerohedge.com
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our privacy policyand our (non)policy on conflicts / full disclosure.Here's our Cookie Policy.
