The sweet spot remains slightly below-consensus growth with meaningful wage deceleration so the market can paint a disinflation narrative without reopening economic fears...

“These are really tough results - I’m not going to walk away from those challenges and plunge the country into chaos...”

This isn’t just a crisis... This is catastrophic.

It makes sense to hedge the deep downside tails against selective long risk positions, but the key risks continue to be more from the Iran conflict and the AI narrative than from the data.

"Three World Class American Destroyers just transited, very successfully... under fire."

"The work to bring additional cooling system capacity online... "

...a 59-foot, 3,000-tonne superconducting system 15 years in the making...

• The US military has carried out strikes in Iran's Qeshm port and Bandar Abbas, according to Fox News, citing a US official, who said it is not a restart of the war. Iran's military said the US violated the ceasefire.
• US President Trump said the Iran ceasefire is still on and that the US is negotiating with the Iranians. He added that Pakistan asked the US not to do Project Freedom during the negotiations.

To note, SOC is weirdly obsessed with unhinged globalist ESG... 

Utter stupidity...

The math simply does not add up...

Ukrainian President Volodymyr Zelensky thanked Budapest for what he called a "constructive and civilized step"...

"incomprehensible"

We know they want to end private vehicle ownership; they have repeatedly said so...

Just another day in private credit paradise... er, hell.