Highlights
Recent News
CoreWeave’s Bonds Flash Red as Strong Earnings Fall Flat
Dear readers, Yesterday's question was who has the pricing power to defend a valuation. Today's is harder: who can still...
Hot Core CPI Sorts the Stocks: ASML Delivers, J&J Stumbles
Dear readers, Wednesday's inflation report was uncomfortable without being a shock. Headline inflation rose to 3.7 percent in September, exactly...
Goldman Delivers as Memory Stocks Slide Ahead of CPI
Dear readers, Goldman Sachs beat profit expectations by roughly $4 a share on Tuesday, and it still wasn't the day's...
Optics Run Hot as Chip Leaders Pause for Breath
Dear readers, The AI trade is changing leaders. Optical suppliers are still climbing, while the classic chip names are consolidating....
Popular
Net Worth
From GPUs to Guardrails: Q4’s Security Rotation Begins
Dear readers, Yesterday we traced how AI capital is flowing from chips into the concrete and steel...
The Rate Plateau’s Real Winners Aren’t Chipmakers
Dear readers, Yesterday we tracked the ten-year Treasury yield's climb past 5.2%, a 19-year high, and the...
The K-Shaped Economy Meets a 19-Year High in Yields
Dear readers, The bond market flagged the stress yesterday; today the growth data explains where it's coming...
Consumer Strength Meets Bond Market Stress Ahead of Q4
Dear readers, Yesterday's newsletter tracked the leverage propping up this rally from beneath. Today the pressure comes...