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Written by Teresa Lo, a market veteran who survived every crash since 1987.About →
Canada’s prime minister said he plans to fully enforce the government’s rights under its agreements with the automaker, and that Washington’s trade decisions still run through the White House despite the Democrats’ midterm wins.
The bank-backed project, which also includes Santander and Deutsche Bank, would challenge Tether and Circle in a stablecoin market worth roughly $290 billion.
Deliberations from the October 28 decision show the governing council moving carefully but open to further rate rises despite oil and trade-war uncertainty.
A split summary of the October 29-30 meeting shows the debate turning to the pace and timing of increases, even as one policymaker flags the risks of a rise.
The Fed’s vice chair for supervision pointed to persistent inflation, a firming labour market and the financing behind the AI data center build-out.
The finance ministry’s figures put the January-October gap at 2.3% of GDP, about a third higher than a year earlier, as Moscow plans steep increases in fines on business.
Senators beat back a push to delay their leadership vote, while House Republicans chose a Freedom Caucus founder over Steve Scalise and promise to fight Democratic investigations.
The Congressional Budget Office estimates the full-year shortfall rose 12 percent and the new fiscal year opened with a monthly gap $125 billion wider than a year earlier.
The Louisiana offshore project is the first oil and gas production loan under a revamped federal energy financing program, the department and reports said.
Tehran’s top security official dismissed reports of negotiations even as President Trump signals progress, while the US secretary of state pressed other countries to help protect shipping.
Attorney General Todd Blanche announced the departure on social media as a string of post-midterm resignations reaches the department’s civil litigation arm.
The Bank of England deputy governor pointed to high energy prices, resilient growth and a ‘low-hire, low-fire’ labour market as reasons the tightening may not be over.
The net loss of ¥1.1 trillion reverses a $16 billion profit and puts Masayoshi Son’s debt-funded bet on artificial intelligence under scrutiny.
The AI developer is pressing ahead with its listing after a draft with larger figures was briefly circulated to banks and withdrawn, and after earlier talk of a $2 trillion valuation faded.
Recovering Gulf flows and reports that Iran may soften its stance on the strait eased supply fears, while gold held above $4,100 as lower oil cooled inflation worries.
The Monetary Authority of Singapore says demand for gold as a reserve asset is growing, and is adding custody accounts and an over-the-counter clearing system to its bid to become Asia’s leading gold hub.
Karen Karniol-Tambour, a Canadian who oversees Bridgewater’s Asia strategies, will leave the hedge fund after two decades to run the Canada Strong Fund.
US envoys Steve Witkoff and Jared Kushner are mediating in Abu Dhabi, where the US and Europe also agreed to review postwar security on the continent.
Finance Minister François-Philippe Champagne announced changes to the remission programme as Ottawa looks for US tariff relief after the midterm elections.
Exports surged as weak spending at home pushed manufacturers abroad, with overseas sales of Chinese electric and plug-in hybrid cars up 144.7% from a year earlier.
Shelter, food and energy drove the monthly rise, while the report omitted annual figures because no report was published for October of last year.
Treasury yields rose after Waller backed at least a quarter-point increase and ruled out using the Fed’s balance sheet to fight inflation.
A proposed shareholder suit accuses Nvidia and its chief executive of fraud, and House Democrats are demanding a full briefing and tighter China chip rules.
The bill would make it easier to build power lines and energy projects of all kinds, but tribal leaders and public-lands advocates oppose it and key hurdles remain.
4,490 items read
Every Saturday the free newsletter scores eleven popular lazy portfolios, Three-Fund, Coffeehouse, All Seasons and the rest, and works out how much of each should sit in cash. When a portfolio’s volatility rises past 10%, part of it moves to cash.
The reading
Seven of the eleven lazy portfolios held cash: from 1% to 13%.
As of November 6, 2026, they range from 7.6% to 11.6% volatility. Raise cash once volatility exceeds 10%, up to 50%.
Get it free, every Saturday.
Cash is king during downturns. Knowing when to raise cash reduced the typical portfolio’s worst drawdown by 31 percent.
Portfolio
Worst drawdown since 2005
Drawdown %
some cash · all in
Volatility
now
Cash
now
Armstrong Ideal Index
IVV 7 · IUSV 9 · MSML 6 · ISCV 9 · IXUS 31 · USRT 8 · ISTB 30
−27.9 · −44.1
10.4%
4%
Swensen
ITOT 30 · IDEV 15 · IEMG 10 · USRT 15 · GOVT 15 · TIP 15
−26.0 · −42.6
10.9%
8%
Burns Margarita
ITOT 34 · IXUS 33 · TIP 33
−28.9 · −42.0
11.3%
12%
Larimore Three-Fund
ITOT 34 · IXUS 33 · AGG 33
−27.8 · −40.5
11.6%
13%
Schultheis Coffeehouse
Six stock funds, 10 each · AGG 40
−24.4 · −38.2
9.3%
None
Ferri Core Four
ITOT 30 · IXUS 24 · AGG 40 · USRT 6
−25.3 · −36.7
10.1%
1%
Bernstein Coward’s
Eight stock funds, 60 in all · ISTB 40
−23.0 · −36.4
9.1%
None
Ferri Two-Fund
VT 60 · AGG 40
−25.1 · −35.9
10.4%
4%
Ferri Three-Fund
ITOT 40 · IXUS 20 · AGG 40
−25.0 · −35.5
10.5%
5%
Robbins/Dalio All Seasons
ITOT 30 · TLT 40 · IEF 15 · GLD 7.5 · BCI 7.5
−21.1 · −24.3
7.6%
None
Browne Permanent
ITOT · GLD · SHY · TLT, 25 each
−18.6 · −19.0
9.4%
None
Since September 8, 2005 (Robbins/Dalio All Seasons since August 4, 2006). MSML is the iShares MSCI USA Small-Cap ETF, renamed from ISCB on October 5, 2026 (SEC filing). Volatility is the size of a portfolio’s ups and downs, measured over a year. When a portfolio’s volatility rises past 10%, part of it moves to cash to a maximum of 50%. Full details in every issue of AiM Weekly. General information, not investment advice.
In 2018 I concluded that the bond bull market, which began in 1981, was ending, and not for the usual reasons.
By Thursday, March 5, 2009, the S&P 500 had already fallen 56% from its 2007 peak.
