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Celebrating Diversity: A Guide to the Top Cultural Festivals Happening This Year
Uniting people from all corners of the globe, cultural celebrations and festivals are a spectacle for the senses and a testament to the enduring spirit of human connection. In this global tour of festivities, we visit Albuquerque's skyscape awash with the vibr...
Wrong Glass, Sir
Politics is weird lately but so are markets. The Japan headfake earlier this week - what was that? - is oddly encouraging because it seems the so-called "yen-carry trade" is either safely unwound or asset managers have found a way to hedge their risks to protect th...
Malort Shots For Everyone - A Round on Illinois Governor Jay Pritzker's
There's a long, very long, list of things I do not understand. But one at the very top of that list is the current price of a barrel of West Texas Intermediate: $75.53 last for the October '24 contract on CME. What about all the global supply shocks since the ...
Trump and Harris Can't Stop Talking; Maybe They Both Should
Kinda fascinated by the current debate over candidates talking to the press or not. So I Googled this. Stage actor Ronald Reagan, Republican & two-time WH holder, gave by far the fewest interviews on record. And who ever knew one-time winner Calvin Coolidge (who a...
Donald Trump: "I'm not Going to the Moon. Bitcoin Might"
His words. Not mine. "Bitcoin is going to the moon!!!" (Donald Trump; Nashville; July 2024) Of course he wants votes. A person lost in the Sahara will say or do nearly anything for water. A person running for the WH..... But to the extent anyon...
Lollapalooza, The Mideast & Where is all the Laughter?
Grant Park, Chicago. Lollapalooza. No, I wasn't there, in case you're wondering. My concert days quieted down after I came with an inch of my life at Knebworth in London a lifetime ago. Ask me about it sometime; you'll certainly chuckle. As we head ...
Housing Options on the Rise as Bonds Rally, Interest Rates Fall
The good news train keeps motoring on. Ten-year yield a truly lovely and low 3.82%. Vix mid teens. That print in the 60s a week ago was just that - a print. Thing are back to normal. Markets are powerful. Look at Japan. They wanted to raise rates to defend their curre...
Prediction Markets Coming to Trump - Harris (But not in the U.S.)
Do polls matter? And can we trust them? What about political betting markets? These three questions have been on my mind a lot lately. I love data. Am enamored with politics; have a profound interest in media. And a curious mind. So, "Do polls matte...
Have Central Bankers Lost the Plot (Again)?
Pandemonium in financial markets suddenly as, more than anything, central bankers have lost control. In Japan, a withering currency forced a real dilemma: how can the economy grow if the yen has no value? Solution: raise interest rates! Result: Japanese stocks fell in...
OpenAI's SearchGPT: A Game-Changing AI-Powered Search Engine
OpenAI is stepping up to challenge Google by introducing a brand-new type of search engine powered by advanced artificial intelligence (AI). This groundbreaking engine is called SearchGPT, melding AI's conversational skills with the latest web information, makin...
Is The Sun Setting on the Japanese Empire, Finally?
I miss those wacky Sunday night opens. We're very likely to see one tonight. Here's what I'd email my traders if we were still running Traditum. "Be very careful tonight. Japan is in big trouble. We may be about to enter a period similar to LTC...
The Kiss of Death, Pelosi-Obama Style
Feeling a little bit of that Olympic withdrawal today. The sensational WSJ editor Jason Gay wrote a tremendous piece this morning arguing the Paris Games "saved" the summer. And I think he's spot on. What do we have to look forward to now? School; less g...