$VIX dropped to 14 today, down from 26 just a month ago
Is volatility "too low"? In each of the last 8 times this happened, $SPX was higher a month later. Source: Subu Trade
BREAKING 🚨: Argentina
Argentina's Peso has now collapsed 99.8% against the U.S. Dollar since 2009 📉📉 Source: Barchart
"Macro hedge funds are enjoying their best year since at least 2008…"
Per the @FT thru Mo EL Elrian: "An index from data provider HFR tracking the returns of such funds — which aim to profit from economic trends by trading equities, bonds and commodities — was up 16 per cent at the end of November”
According to Reuters (via an FT report), Anthropic is laying groundwork for an IPO as early as 2026.
They’re also reportedly in talks for a private funding round that could value the company north of $300B — a huge step up from their most recently disclosed ~$183B post-money valuation. If Anthropic were public today and you simply treated that ~$183B as its market cap, here’s the fun part: 📈 It would land around the low-90s globally by market cap — roughly #91 — just ahead of Airbus (≈$181B). For context, that neighborhood looks like: Blackstone ≈ $186B HDFC Bank ≈ $180B (Anthropic) ≈ $183B Airbus ≈ $178B Source : Reuters, FT
The K-shaped economy is not just about the US
Indeed, the German economy is increasingly K-shaped: stock markets are rising, while consumer confidence is in free fall. Source: HolgerZ, Bloomberg
Platinum soars to highest price in more than 17 years 📈📈
Source: Barchart
The odds of a January rate cut have fallen to just 22% 🚨
Source: Barchart @Barchart
The day the AI bubble implodes, let's keep this in mind
Yes it happened Source: Jeff Weniger
