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WOW! Kevin Warsh received a STANDING OVATION when introduced by Trump at the White House
HUGE amounts of excitement around our new Fed Chair.
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HUGE amounts of excitement around our new Fed Chair.
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The stock-bond relationship is showing a rare pattern:
The 2-month correlation between US equities and the 10-year Treasury yield is down to -0.70, the lowest since 1999.
In other words, over the last 2 months, stocks and the 10-year Treasury yield have moved in opposite directions by the largest extent this century.
At the start of 2026, a positive correlation of 0.40 was observed, near the highest since 2023.
Additionally, the 30-day correlation is down to -0.68, also the lowest in 27 years.
Not even the 2022 bear market saw such a negative correlation, as the 10-year yield rose, driven by elevated inflation and Fed rate hikes, while stocks fell.
Bond markets are incredibly important right now.
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The 2-month correlation between US equities and the 10-year Treasury yield is down to -0.70, the lowest since 1999.
In other words, over the last 2 months, stocks and the 10-year Treasury yield have moved in opposite directions by the largest extent this century.
At the start of 2026, a positive correlation of 0.40 was observed, near the highest since 2023.
Additionally, the 30-day correlation is down to -0.68, also the lowest in 27 years.
Not even the 2022 bear market saw such a negative correlation, as the 10-year yield rose, driven by elevated inflation and Fed rate hikes, while stocks fell.
Bond markets are incredibly important right now.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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NOW - Trump calls former Speaker Kevin McCarthy a "good guy," and former Secretary of State Condoleezza Rice "highly respected, by everybody—me too," at Kevin Warsh's swearing-in ceremony
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Teacher charged with having sex with student in school closet now accused of abusing 5 others, including girl
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SP500 is just 0.35% away from hitting new all time high
NASDAQ is just 0.20% away from hitting new all time high
Meanwhile, Crypto
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NASDAQ is just 0.20% away from hitting new all time high
Meanwhile, Crypto
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China unveils a 600 km/h (373 mph) maglev train—now the world’s fastest.
It can slash Beijing–Shanghai travel time to just 2.5 hours. Powered by magnetic levitation, it’s ultra-quiet, efficient and emits zero direct pollution.
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It can slash Beijing–Shanghai travel time to just 2.5 hours. Powered by magnetic levitation, it’s ultra-quiet, efficient and emits zero direct pollution.
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Peru: the mayor of Santiago de Surco, Carlos Bruce tested a new police stun gun on his adviser, Arturo Bobbio
Poor Bobbio immediately collapsed to the floor in pain
He publicly stated that the test was ENTIRELY voluntary
*Well, if the boss asks, you do it voluntary, right?
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Poor Bobbio immediately collapsed to the floor in pain
He publicly stated that the test was ENTIRELY voluntary
*Well, if the boss asks, you do it voluntary, right?
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JUST IN: James Talarico is gaining ground in the Texas Senate race.
45% chance a Democrat wins a Texas Senate seat for the first time since 1988.
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45% chance a Democrat wins a Texas Senate seat for the first time since 1988.
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The Linux Kernel is increasingly being developed by AI.
Over the last few weeks the number of new commits listed as being “Assisted-by” one AI system or another (such as Claude) has absolutely exploded, with a long list of vibe-coded changes being submitted every single day.
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Over the last few weeks the number of new commits listed as being “Assisted-by” one AI system or another (such as Claude) has absolutely exploded, with a long list of vibe-coded changes being submitted every single day.
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Media is too big
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Another juror told me she did not believe prosecutors proved their case beyond a reasonable doubt. According to the juror, all the women on the panel voted not guilty, while three men voted guilty in the Harvey Weinstein retrial
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POTUS on incoming Fed Chair Kevin Warsh: "I want Kevin to be totally independent. I want him to be independent and just do a great job. Don't look at me; don't look at anybody. Just do your own thing — and do a great job."
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