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Most of the future here on Third Rock is unknowable, but constituent developments vary in their likelihood of occurrence. The sun’s coming up tomorrow is not certain, but its probability is so high it’s practically 100 percent. But the Dow’s going up tomorrow? Those odds vary depending on who you ask, but they’re certainly less […]
[CNBC] S&P 500 rises to start November trading: Live updates [AP] Government shutdown could become longest ever as Trump says he ‘won’t be extorted’ by Democrats [Axios] “Most important case ever”: Supreme Court to decide fate of Trump’s tariffs [Yahoo/Reuters] Trump says China, other countries can’t have Nvidia’s top AI chips [Reuters] Tariffs, TACOs, and […]
[Yahoo Finance] Fed fallout, missing jobs numbers, and a busy earnings calendar: What to watch this week [Yahoo/Bloomberg] AI Rally and Volatility Define Stock Run Since Trump’s Return [AP] Tariffs are Trump’s favorite foreign policy tool. The Supreme Court could change how he uses them [Yahoo/Fortune] In private credit, banks are ‘quietly preparing for some […]
Happy Halloween, All! Happy Halloween all HAI readers! With plans to hit the spooky streets of Durango, Colorado with wife and little one for the first time later today, this HAI will be brief. In this week’s main event, Jay Powell and the Federal Reserve faced a spooky situation of their own at Wednesday’s FOMC […]
[AP] Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point [Yahoo/Bloomberg] Fed ‘Chorus’ Comes Out Against Latest Cut, Citing Inflation [Axios] The rate cut skeptics’ case [Yahoo/Bloomberg] Trump Would Make Supreme Court History by Attending Tariffs Case [Yahoo/Bloomberg] Carney says he apologized to Trump over tariff advertisement [Yahoo/CNN] Trump’s unusual […]
A snooze fest the October FOMC meeting was not. “…Far from it.” An inebriated Wall Street didn’t see that coming. After trading near a one-year low of 3.97% in early Wednesday trading, 10-year Treasury yields jumped to a Thursday high of 4.11% – before ending the week at 4.08%. Two-year yields traded from 3.48% up […]
[CNBC] S&P 500 and Nasdaq rise after Apple, Amazon earnings beat: Live updates [Yahoo/Bloomberg] AI-Led Investments Are Driving US Economic Growth [AP] Deal between the US and China is undoing damage from a self-inflicted trade war [CNBC] Powell forced to stave off uprisings in markets and on his own Fed board as his term ends […]
Loose Conditions, Excess and Fed Accommodation – October 30, 2025 David: Good afternoon. Thank you for participating in our third quarter 2025 recap conference call for Tactical Short. This is October the 30th, and we’re grateful for your joining us. As always, thank you to our valued account holders. We so greatly value our […]
