Market Signals

CEASEFIRE SEEMS TO BE WORKING OUT WELL — VIA @SIDPRABHU

ALTMAN ISN'T SELLING OUT SHIT. JENSEN NEITHER. DARIO IS NOT SO MUCH A PATRIOT AS JUST A BURGERLIB CONFIDENT THAT HE CAN AFFORD ESCALATION TO WIN IT AL

BEING FORCE-FED THIS NEWSLETTER MAY BE A BITTER PILL TO SWALLOW FOR THE MANY AMERICANS WHO ARE NOT AT ALL EXCITED ABOUT ARTIFICIAL INTELLIGENCE. HTTPS

🇵🇸 CONSUMER PROTECTION POLICE IN KHAN YOUNIS DESTROYED 750 KILOGRAMS OF SPOILED AND EXPIRED FOOD — INCLUDING FROZEN GOODS AND MEAT — SEIZED DURING SEV

JUSTDARIOCIGARTIME - EPISODE 80

📊 HY Spreads: 3bp (widened 0bp over 13 weeks)

F TIER KEYNOTEMAX: JENSEN COMPUTEX PRESENTATION WAS ONE OF THE WORST KEYNOTES HE HAS DONE. HE ANNOUNCED NOTHING NEW ON THE AI DATACENTER SIDE, AND HE

FROM THE BLOOMBERG SURVEY OF ECONOMISTS (AND AHEAD OF NEXT WEEK'S FEDERAL RESERVE POLICY MEETING).

PRESIDENT TRUMP HAS CHANGED THE NARRATIVE ABOUT INTEREST RATES TO “HIGHER IS ALWAYS BAD FOR WHATEVER REASON,” AND “LOWER IS ALWAYS GOOD FOR WHATEVER R

I really hate when people pretend to criticize some idea from first principles and their deepest level is "cost too high". Why must it be high? Do you

THE MATTER. WITH ONE CAVEAT:

😂

THERE IS NO WAY THE ECB HIKES RATES

*HUANG: SK HYNIX TO CONTINUE AS NVIDIA'S BIGGEST MEMORY PARTNER — VIA @THESTALWART

WHY IS INFLATION PERSISTENT ABOVE TARGET?

WITH THE 10-YEAR YIELD FLIRTING WITH THE DANGER ZONE OF 4.5%-5.0%, THE FED MODEL IS ONCE AGAIN “ACTIVE.” WE ARE NOWHERE NEAR THE EXTREMES REACHED IN

A HUNGRY BLOB HAS BEEN WELL FED THIS SPRING.

ISRAEL KILLS HEZBOLLAH CHIEF ENGINEER, AS MINISTERS SAID TO DEMAND VOTE ON TRUCE DEAL HTTPS://T.CO/CY8OACQJXJ — VIA @TIMESOFISRAEL

JENSEN REPPING DOOSAN

IT'S CRAZY, AND NOT IN A GOOD WAY, HOW AGGRESSIVELY THESE BANKS SWING THEIR FED FORECASTS. — VIA @BRIANGOBOSOX

THE UNEMPLOYMENT RATE HAS ALMOST NEVER BEEN BELOW THE INFLATION RATE. ONLY ARTHUR BURNS (AND POWELL IN 2021) THOUGHT THAT MADE SENSE AND WE KNOW HOW T

NVIDIA'S NEW NEMOTRON3 ULTRA IS DEFEATED BY KIMI K2.6 & GLM5.1 ON CODING TASKS LIKE TERMINALBENCH, ETC. IN ORDER TO MAKE THE GLOBAL NEMOTRON COALITION

💢 ISRAELI NAVY KILLS GAZA FISHERMAN OFF DEIR EL-BALAH COAST

THE DOD JUST ADDED UNITREE TO ITS SECTION 1260H LIST OF CHINESE MILITARY COMPANIES. BYD, ALIBABA, BAIDU, AND TENCENT ARE ON THERE TOO. (1/2)🧵 HTTPS://

With the current slope of my sentiment since the launch of GPT-5.3-Codex, I will turn more bullish on OpenAI than Anthropic on September 30, 2026

THIS SEEMS TO BE COMMON ANSWER. BUT I FIND IT UNSATISFYING. THE ACTUAL PHYSICAL SCARCITY IS OBVIOUSLY AT THE FOUNDRY LEVEL. EVERYONE CUTTING NVDA OUT

WARSH WAS THE END OF THE DEBASEMENT TRADE

This bull market started slowly in terms of earnings, but boy have they caught up. Based on current estimates, earnings will likely continue to play

Notable

This is a super exciting release - Claude Fable 5 is the same underlying model as Mythos but with added safeguards. The benchmarks are great and it's

Geopolitical hopes and inflation data dominated the headlines early in the week, but the massive SpaceX IPO eclipsed everything on Friday.

Lebanon launches safety audit of Middle East Airlines as pilots point to wartime danger https://t.co/JeYIgF0FmH — via @TimesofIsrael

PRESIDENT TRUMP HAS DELIVERED FOR AMERICAN FARMERS BY EXPANDING EXPORTS OF MEAT, POULTRY, SOYBEANS, BIOFUELS, AND DAIRY!

MY WHOLE FEED IS FULL OF POSITIVE DEVELOPMENTS ON THE US AND IRAN PEACE DEAL NEGOTIATIONS - AT THESE PACE WE WILL SEE OIL PRICES IN THE LOW 80$ NEXT W

THAT WAS A TERRIBLE CLOSE AND AFTER HOURS. STANDING BY FOR THE AVALANCHE OF PEACE DEAL TWEETS ALL WEEKEND. — VIA @BLACKLIONCTA

UNLOCKED! MONEY IN MOTION IS NOW OPEN.

AWESOME NEW FED DATA SET WITH CONSISTENT ESTIMATES OF US FINANCIAL FLOWS (VALUATION ADJUSTED) BASED ON MEASURED HOLDINGS ...

CONTINUED VIOLATION OF THE CEASEFIRE BY THE ZIONIST REGIME WITH AGGRESSION ON THE CITY OF TYRE IN SOUTHERN #LEBANON. HTTPS://T.CO/QHVXCSW3MG — VIA @TE

FIRST LADY MELANIA TRUMP’S REMARKABLE WEEK EMPOWERING YOUTH THROUGH AI CHALLENGE AND FOSTERING THE FUTURE ACCOUNTS

AS OFFICIALS AGAIN SAY IRAN WAR COULD SOON END, SOME TRUMP OBJECTIVES ARE UNFULFILLED — VIA PBS

📊 HY Spreads: 3bp (widened 0bp over 13 weeks)

📊 10Y-3M Spread Depth: 1bp

As fans from around the world gather to watch the World Cup, doctor shares tips on staying healthy — via CBS

DEFENSE INDUSTRY LEADERS TO MEET WITH TRUMP AMID MISSILE SUPPLY WORRIES, SOURCES SAY — VIA NBC

ECB poised for June rate hike amid persistent inflation pressures — via SEEKINGALPHA

AM MARKETS NEED TO KNOW: SK HYNIX EYES U.S. LISTING, OPENAI DATA CENTER LEASE, AND MORE — VIA SEEKINGALPHA

EXPLOSION IN BAHRAIN AS IRAN ATTACKS US BASES — VIA ALJAZEERA

ANALYSIS : CHINESE PRESIDENT XI SILENCE ON NUCLEAR ARMS IS A GIFT TO NORTH KOREA KIM JONG UN | THE ASAHI SHIMBUN : BREAKING NEWS , JAPAN NEWS AND ANAL

Chinese consumer inflation unexpectedly stalls despite oil shock

JAB Acquisition Corp I announces pricing of $150M initial public offering — via SEEKINGALPHA