Tuesday, August 18
General
- Stock futures are little changed after Wall Street starts the week with losses, hurt by higher oil prices and rising yields: Live updates
- Bond yields jump, oil extends gains as US-Iran ceasefire expires
- Japan's 10-year government bond yield rises to three-decade peak
- Vessel struck by unknown projectile in Strait of Hormuz, crew casualty reported, UKMTO says
- Hormuz crossings rise slightly from weekend, remain in single digits, data shows
- Traders Short French Bonds as Fight Over Budget Set to Escalate
- Supply Crunch Grips Copper Market as Key Spread Flares Out
- Facing Quagmire in Iran, Trump Turns to a Familiar Face: North Korea’s Kim Jong-un
- It’s Crunchtime Again for Canada to Avoid New U.S. Tariffs
- Why Trump Is Threatening Again to Bomb Oman
- Iran-Backed Houthis Threaten Coast Along Red Sea Chokepoint
- See How Europe’s Rivers Are Drying Up and Threatening Its Economy
- AI hasn’t gone rogue. It’s worse than that
- Seoul rattled by Trump’s threat to drills at heart of US alliance
Monday, August 17
Evening
- Stock futures are little changed after Wall Street starts the week with losses, hurt by higher oil prices and rising yields: Live update
- Trading Day: Bonds play the blues
- 30-year Treasury yield tops 5.31%, the highest in 19 years
- Jane Street’s $15 Billion Loss Lays Bare Its Hedge Fund Side
- Anthropic Revenue Run Rate Surpasses $65 Billion Ahead of IPO
- US High-Grade Bond Sales Set August Record in Year Full of Them
- Foreign Holdings of Treasuries Fell in June, Led by Japan Drop
- As Iran Truce Expires and Options Shrivel, Trump Lashes Out
- Nation’s Largest Reservoirs Are Drying Up, Threatening Life in the Southwest
- How Wall Street Sussed Out That Situational Awareness Was On the Ropes
- US tech stock correction likely, warn ECB economists
- Mark Carney in last-ditch effort to avoid Donald Trump’s latest tariffs
Afternoon
- S&P 500 falls as oil prices rise amid Iran tensions: Live updates
- US Bond Selloff Drives 30-Year Yields to Highest Since 2007
- Iran threatens to go on offensive in Strait of Hormuz if diplomacy with US fails
- Trump says Iran should surrender, threatens to bomb Oman
- US home builder sentiment ticks up in August but remains weak overall
- One neutral rate estimate suggests Fed's policy stance is accommodative, paper says
- The global stakes of China's slowdown
- Nvidia Will Back OpenAI Project With as Much as $105 Billion
- Citadel Securities Says Spiking Yields Reflect Fed Policy Risk
- Microsoft-Tied ‘Project Odyssey’ Bond Lures Buyers at Junk Yield
- Russia Is Already Waging Hybrid War in Europe, Latvia Says
- ‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent
General
- S&P 500 flat as traders weigh AI optimism vs. Iran tensions: Live updates
- Oil rises as US-Iran peace talks stall, Hormuz shipping slows
- Dollar Extends Slide as Traders Scale Back Fed Tightening Bets
- From kangaroos to dim sum, foreign borrowers rush into Asia-Pacific bond markets
- AI Is Driving Up Treasury Yields: ‘It Just Touches Everything’
- What rising Treasury yields are telling us
- Trump threatens to ‘bomb’ Oman if it ‘gets in the way’ as U.S.-Iran ceasefire expires
- Iran works to finalize Strait of Hormuz agreement with Oman, and other Middle East news
- Japan Q2 growth misses forecasts on weaker spending, investment
- Canada's July annual inflation accelerates to 3% as gasoline rebounds
- China’s Economic Woes Mount With Disappointing Start to Half
- China new home prices stagnant in July as demand stays weak
- Ukraine takes aim at Russia’s economy and morale by attacking online retailer
- New York Factory Activity Expands by Most Since End of 2021
- Japan’s Bond Yields Climb on BOJ Hike Bets, Fiscal Concerns
- BOJ Should Raise Rates at Every Meeting, Ex-Currency Chief Says
- Banks Cheer as Trump’s Regulatory Rollback Spreads to Europe
- Brazil Economic Activity Suffers Biggest Drop in Over a Year
- China’s Chip Industry Is Having a Breakout Moment
- Iran Is Bracing for Conflict Abroad and at Home
- Why Big Tech’s AI Spending Is $3 Trillion Higher Than It Seems
- Trump Threatens to Bomb Oman if It ‘Gets in the Way’ of Iran Conflict
- Iran’s Secret Plan to Escalate the War
- Growing Rate-Hike Bets Push 10-Year JGB Yield to Three-Decade High
- People are worried about America’s solvency
- Private credit under strain as troubled loans swell
- A leaderboard of the biggest trading losses of all time
- The cost of drought
- War and climate change drive surge in cost of shipping through global chokepoints
- The new AI super-rich are reshaping the market for jets, yachts and cars
- Ferrari’s first EV auctioned off at record $40mn
Sunday, August 16
Evening
- Stock futures are little changed after S&P 500 posts three-week win streak: Live updates
- US 20-Year Bond Sale to Test Demand as Yield Curve Steepens
- Shipping slows through Strait of Hormuz after tanker attacks, data shows
- Trump tells Hegseth to cut back U.S.-South Korea drills
- Trump orders Pentagon to scale back joint exercises with South Korea
- Skyrocketing Beef Prices Finally Have Americans Reaching Their Spending Limit
- How AI Models From OpenAI and Anthropic Went Rogue
General
- Bonds Face a Bigger Threat Than the Fed as Global Rates Climb
- With Fed mum on next move, investors look to earnings to keep stocks afloat
- At AI-Fueled Market Party, Wall Street Eyes the Rates Punch Bowl
- Scoop: Inside Trump's secret backchannel to Iran's Revolutionary Guard
- US pulls last aircraft carrier in Asia as Trump focuses on Iran and the Western Hemisphere
- Ukraine launches one of its largest aerial attacks of the war, killing at least 6 people in Russia
- NATO fighter jet shoots down drone over Romania
- Bond Traders Are Agonizing Over $70 Billion of Shadow Credit Backstops For AI Companies
- Traders Get Pickier After Big Run in $886 Billion EM Debt Market
- As Iran War Turns Into Economic Battle, a New U.S. Strategy Recalls Old Ones
- As China Pushes to Expand in Asia, Trump Focuses on Iran
- With A.I. Riches at Stake, Pressures Mount to Share the Wealth
- Central Banks Are Stuck in a Rinse-and-Repeat Cycle of Crises
- The Risk-Amplifying Strategy That Led to Big Losses at Situational Awareness
- Big Manufacturers Find New Demand in Equipping AI Data Centers
- This Sprawling Chinese Refinery Is Bankrolling Tehran
- The Colorado River Is Shrinking. See How Authorities Are Trying to Save It.
- Big Tech’s data centre boom poised to drive up carbon emissions
Saturday, August 15
General
- Iran defiant on strait as Trump tells Americans to accept high gasoline prices
- Iran, Oman Hone in on Hormuz Strait Deal as Ship Attacks Mount
- Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations
- Iran rejects ‘delusions’ after Trump says he wants the Strait of Hormuz to be a U.S. territory
- Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources say
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
- A Chinese lab's new model is nearly as good at hacking as U.S. AI
- Rhine water sinks to another record low and transport shifts to land
- What Bessent’s Economic Isolation Of Iran Could Look Like
- As Inflation Eats Up Pay Gains, Workers Fall Behind
- The Iran War Is Now About Who Blinks First Under Economic Pressure
- Nvidia Downsizes Plans for $250 Billion Guarantee of OpenAI Data Center
- Jane Street suffers $15bn hit after meltdown at Situational Awareness
- US aircraft carrier furore is emblem of growing disquiet over Iran war
- Traders are spoiling for a fight over the yen
Friday, August 14
General
- S&P 500 is little changed, heads for third straight winning week: Live updates
- Oil steadies after US threatens indefinite blockade of Iran
- 10-year Treasury yield is little changed after weak retail sales data
- Retail sales unexpectedly fall in July as government tax refunds fade
- 2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East
- U.S. to use economic tactics on Iran ‘that have never been seen’; Navy works to relieve troubled carrier USS Abraham Lincoln
- US to Roll Out ‘Economic Isolation’ Plan for Iran Next Week
- Analysis-AI-driven surge in bond yields could be next risk for markets and growth
- ‘FOMO Insurance’ Drives Options Buying Spree as Stocks Rally On
- Hormuz shipping traffic capped amid competing claims from US and Iran
- Panama Canal Traffic Spurs $4.6 Million Payment for a Crossing
- Ukrainian drones strike a major refinery deep inside Russia, setting it ablaze
- China’s Record Loan Slump Extends to Another Month With New Drop
- Ukraine Says Black Sea Port Closures May Halve Farm Exports
- Moody’s Says Heat, Water Scarcity Driving Stranded-Asset Risks
- NATO Jet Downs Drone as Concerns Grow Over Russia Threat
- See the Battlefield Innovations Reshaping the Russia-Ukraine War
- The Treasury market’s toxic codependency
- Hyperscaler AI borrowing binge shakes up foreign credit markets
- OpenAI and Anthropic in price war as Chinese AI rivals gain ground
- Jane Street has paid up large to avoid its numbers leaking out
- AI frenzy drives Chinese tech valuations to multiples of US peers
Bubble Watch
Nineties Bubble
The 1990s witnessed a fateful convergence of financial innovation, technological advancement, and state intervention. Activist monetary policy and successive government rescues fostered the explosive proliferation of securitizations, derivatives, repurchase agreements, hedge funds, and GSE-driven credit expansion. Resulting asset inflation and instability were the genesis for history’s greatest multi-decade bubble.
View Nineties Bubble analysis →Mortgage Finance Bubble
Post-bubble monetary reflation fueled catastrophic excess across mortgage finance — from subprime lending through AAA-rated MBS, complex derivatives, and leveraged Wall Street speculation. The period was defined by the “moneyness of credit” and “Wall Street alchemy.”
View Mortgage Finance Bubble analysis →Global Government Finance Bubble
Unprecedented global post-bubble central bank reflation, “whatever it takes” open-ended QE, and massive deficit spending unleashed history’s greatest period of credit and speculative excess. With the unchecked growth of central bank credit and sovereign debt, bubble dynamics eroded the foundation of global finance.
View Global Government Finance Bubble analysis →Stay updated
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