G2 — Adversary’s Veto
Pentagon tells Central Command to finish preparations for renewed strikes on Iran
The order carries no date, and Trump says a deal with Tehran is not something he wants to do.
S&P 500, 1927 to 2026
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Written by Teresa Lo, a market veteran who survived every crash since 1987.About →
The briefing
Bank of Japan says cost increases are spreading to consumer goods
The central bank’s regional report found price pressure broadening as the prime minister ruled out reflationary policy.
Reports of Bessent’s temper land while credit investors doubt his reassurances
A new account describes the Treasury secretary berating staff, and seven senior officials are reported to have left.
Burry reads Big Tech’s AI spending as a bid to become too big to fail
The investor says the hyperscalers are spending for oligopoly status, and calls the market’s phase denial.
Euro-zone ministers press Paris for a 2027 budget as French bonds slide
Finance ministers and the ECB were set to tell France on Thursday that a budget is what would calm its bond market.
Gold slides to a two-month low as the dollar and yields press on it
Bullion fell about 1 percent while China’s central bank extended its buying streak to a 23rd month.
Waller backs more Fed increases while leaving October alone
The governor said additional increases will likely be needed, with flexibility about when they come.
Australia’s regulator halts fundraising at three private credit funds
ASIC stopped three ASCF funds over disclosure as scrutiny of the asset class widens on two continents.
Iraq devalues the dinar as Hormuz losses drain its oil revenue
Baghdad cut the currency after disruption at the strait hit the government’s main source of income.
Taleb calls the stock market a trap and points at vulnerable bonds
The Black Swan author says a pullback in Treasury demand could open a fault line across markets.
The 30-year mortgage rate climbs to its highest level in nearly three years
The White House had predicted a fall; Trump blamed the Fed and Bessent blamed an energy shock.
Washington and Moscow explore selling Russian gas to Europe again
Reports say Trump’s envoys discussed a US investor for the Nord Stream pipelines while the war continues.
Machine-parsed from RSS feeds tracking people and topics that I follow: 2,174 items in the last 48 hours, grouped into 12 stories, most-sourced first; none rejected by the checks.
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The sections
AI Backlash
Analysts & Strategists
Cabinet & Insiders
Crypto & Financial Engineering
Detention Economy
Donor-Policy Pipelines
Economic Commentary
Fed & Monetary Policy
Financial Regulation
G2 — Adversary’s Veto
G2 — Empire-Behavior
G2 — Rival Hegemons
GDP & Macro Reality
Government & Institutional
Mainstream News
Megadonors
Structural Indicators
Tech Oligarchs