"...consumers anticipate little improvement in business conditions over the next six months."

...if current pricing holds this could be the largest “non-cut” surprise in decades...

The AI casino is eating its own liquidity. Korea's leveraged ETF rebalancing increasingly resembles a massive synthetic short-gamma position, amplifying volatility as leverage comes out.

"It's Not Over' Til It's Over, but This Time It May Actually Be Over."

There is a risk of seats getting disengaged from seat tracks during turbulence and emergency landing, the agency said...

...for the 12th straight month, home price appreciation lagged inflation...

“There’s a fear of financial alchemy driven by opaqueness, off-balance-sheet transactions and intercompany relationships, which could result in credit rating downgrades.”

Thoughts of a summer lull must be far from the minds of equity investors buckling their seatbelts for a bumpy ride through this week’s long list of risk events...

Comments on Al Jazeera Facebook post about Berlin car-ramming say it all...

"Broad risk-off sentiment, forced deleveraging, widening hyperscaler CDS spreads, and deteriorating retail investor sentiment are all adding to the selling pressure." 

What the “good things” are, or when they “could happen,” is still TBD.

"It’s perfectly legitimate for investors to dilute their positions in semiconductors. It’s a good time indeed to take some profits and diversify"

The certification could expand access to Tether’s gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold.

European bourses began the session firmer despite sharp tech-induced losses in APAC. 

NHK footage showed severe damage to the Kyushu Expressway, smoke rising from...

"...when this period of history is written, Europe will thank President Trump for shaking us out of our complacency and forcing us to stand on our own two feet..."

The AI bubble's canary just died. Korea led the AI mania on the way up. It's now leading the unwind. The implications extend far beyond Seoul.

Bibi boasts: "This is my eighth meeting with him since he was elected President."

Trying to give peace talks "some space" amid reports of dwindling interceptors...

 

...and Netanyahu telling him to pump the brakes on pushing US into Lebanon