Vertiv Is Down About 48% From Its High. Today’s Numbers Have to Explain Why.
Four straight earnings beats, a record losing streak, and a $1.45 billion acquisition closed yesterday. Q3 results before the open…
Visa Beat Earnings Again. The Stock Still Fell.
Three consecutive beat-and-fade quarters raise a real question: has the market stopped paying for 13% revenue growth at this valuation?
Stablecoin Rules Are Splitting North America in Two
The OCC is courting banks as stablecoin issuers while Canada bans paying yield, and the gap between those two rulebooks…
France’s Budget Vote Keeps Moving. The Bond Market Isn’t Waiting.
With OATs near a 24-year yield high and Moody’s still negative, the Assembly’s next test is November 3.
Lula’s Win Puts Latin America’s Right-Wing Policy Calendar on Trial This Week
Brazil's shock result is not just a local story: Chile, Colombia, and Mexico all set policy this week, and their…
Home Sales at a Record Low. That Is What a 5% Treasury Looks Like.
With mortgage rates around 7.4% and pending sales at a Redfin record low, housing is the clearest proof that monetary…
Defense Stocks Won’t Collapse After a Ukraine Deal. Here’s the Split.
Backlogs, NATO targets, and rebuilding needs make the trade after peace more complicated than the selloff suggests.
Iran Threatens US Diplomats. Oil Has Not Priced In Next Steps.
Tehran-backed threats rose over the weekend, and Brent starts Monday above $113 after a $116.72 settle.
The Cloud Revenue Growth Rate Is the Only Thing That Can Justify $730 Billion
Microsoft and Alphabet report Oct. 28, Amazon and Intel Oct. 29. Investment committees need one number from each of them.
Energy Is Up 45% This Year. Brent at $116 Makes the Next Trade Harder to Size.
Three straight weekly gains in crude oil have already paid out the easy money. Here is where the risk-reward shifts…