FIRST GOLD, THEN MARKETS MIGRATING EAST / GOLD MONEY

First gold, then markets migrating East Alasdair Macleod Goodbye to Western paper.  Moving in plain sight, China has set up a new market in ...

THE NEW AI-BASED WORLD ORDER / THE FINANCIAL TIMES OP EDITORIAL

The new AI-based world order A single factor is now dictating the hierarchy of global returns Ruchir Sharma © Matt Kenyon It’s hard to recal...

THE STRATEGIC LOGIC OF THE AI ARMS RACE / PROJECT SYNDICATE

The Strategic Logic of the AI Arms Race AI and drones are rapidly transforming warfare, shifting military power toward countries that can co...

TRUMP`S CRYPTO IMPEACHMENT? / THE WALL STREET OP EDITORIAL

Trump’s Crypto Impeachment? The big question: Will Democrats, for a change, emerge with their image enhanced? By Holman W. Jenkins, Jr. Pres...

WALL STREET`S BOUTIQUES BET ON STAR BANQUERS. NOW THEY`RE STUCK WITH THE BILL / THE FINANCIAL TIMES

Wall Street’s boutiques bet on star bankers. Now they’re stuck with the bill Investment banks like Evercore, Lazard and Moelis scooped up de...

CURRENCY PEGS AND CARRY TRADES / CREDIT BUBBLE BULLETIN

Currency Pegs and Carry Trades Doug Nolan Ten-year Treasury yields rose eight bps this week to 4.56%.  Yields rose to 4.60% intraday in Wedn...