America Faces a ‘Debt Crisis’ a Lot Like the 1980s when a ‘Private Pact’ Brokered by Ronald Reagan Did the...
The United States now carries a public debt exceeding $38 trillion—about 101% of GDP—and projections show it could reach 120% within a decade. Rising interest obligations threaten to crowd out vital programs, notably Social Security, which the Congressional Budget Office warns could become insolvent by 2031. The Committee for Economic Development points to the 1983 bipartisan Greenspan Commission, forged through a private pact between President Reagan and Speaker Tip O’Neill, as a historic blueprint that rescued Social Security. It recommends recreating a similar bipartisan commission to break today’s fiscal impasse.
NBIS Up 45% Near Range High—Breakout Possible
$NBIS +45% since its February lows. Now nearing the highs of its range...can it break out?
Sphere Entertainment’s Revenues Topped $1.2bn in 2025, up 8% YoY; Wizard Of Oz Has Generated $290M Since August Launch
Sphere Entertainment posted FY 2025 revenue of $1.22 billion, an 8% year‑over‑year increase, while narrowing its operating loss to $229.6 million. Adjusted operating profit surged 138% to $261.8 million, reflecting the impact of excluding depreciation, amortization and other non‑cash items. Q4 revenue jumped 28%...
Omnicom’s Lack of Surprises in Its 2025 Earnings Is Both a Good and Bad Thing
Omnicom reported 2025 revenue of $17.3 billion, a 10% increase helped by the final month of its IPG acquisition and favorable foreign‑exchange effects. Media & Advertising accounted for 58% of revenue and grew 15.7%, while adjusted operating margins held just above...
AI Could Boost ServiceNow, Not Just Threaten It
Is $NOW really at risk of AI disruption? $NOW is down ~52% from ATH. The bear case is simple: ~97% of revenue is seat-based. If AI reduces headcount, seat growth slows. But the real question is whether AI replaces ServiceNow… or makes...
Temnycky in Forbes on Europe’s Move to Phase Out Russian LNG in 2026
Mark Temnycky, a non‑resident fellow at the Atlantic Council, wrote in Forbes that the European Union will fully phase out Russian liquefied natural gas (LNG) by the end of 2026. The move is framed as a step toward greater energy...
Discussions for India's Full Membership of IEA Underway
The International Energy Agency has opened formal discussions to grant India full membership, building on its associate status since 2017 and a 2023 request. Ministers from IEA member states agreed in February 2024 to start talks, signaling a push to...
Namibia’s Strategic Ascent in the Global Uranium Supply Chain
The episode outlines Namibia’s rise to become the world’s third‑largest uranium producer, delivering 7,333 tonnes in 2024 and targeting 8,000‑9,000 tonnes in 2025. It highlights the country’s three flagship mines—Husab, Rössing, and the revived Langer Heinrich—along with their robust infrastructure,...
India-EU FTA to Open New Avenues for Trade, Investment: PM Modi, Greek Counterpart
Prime Minister Narendra Modi and Greek Prime Minister Kyriakos Mitsotakis affirmed that the recently concluded India‑EU Free Trade Agreement will unlock fresh trade and investment opportunities between India and the European Union. The leaders discussed expanding cooperation under the India‑Middle East‑Europe...
Trader PhD Survey Predicts More Soybean Acres, Strong Corn Plantings
Trader PhD’s February 2026 acreage survey shows U.S. corn plantings slipping 1.4% to 97.3 million acres, while soybean acres climb 3.5% to 84.2 million. Wheat acreage is projected at a record‑low 42.2 million acres, a 7.3% decline. Sixty‑two percent of growers cite normal crop...
Maximize HSA: Early Contributions, S‑Corp Reimbursement, S&P500 Growth
How I use my HSA 1.) Have a high-deductible health plan. I pay $376.65/month (ridiculous) for a plan and my LLC taxed as an S corp reimburses me for this via an accountable plan 2.) Max contribute each year on Jan 1....
Protect Profits, Skip Trading on Volatile Friday
🚨 5 Reasons I’m NOT Trading This Friday 🚨 1️⃣ Weekly Target = HIT ✅ My goal is +100 pips per week We banked +132 pips in just 2 days Discipline > Greed Once the target is hit, I go into protection mode 2️⃣ U.S. Supreme...
Maersk to Upsize India-USEC Capacity to Tap Post-Trade Deal Cargo Growth
Maersk announced a significant upsizing of its West India‑US East Coast (MECL) service to add incremental westbound container capacity. The move follows the United States’ reduction of tariffs on Indian‑made goods from 50% to 25%, with a further cut to...
‘The Days of the Single Black Swan Are Gone’
At the JSE SA Trade Connect conference, market leaders warned that volatility is no longer a rare "black swan" but a persistent flock of shocks. Alicia Greenwood highlighted the exchange’s push to fuse disparate data sources, enabling faster interpretation and...
UBS Raises Dana Holding Stock Price Target on Margin Outlook
UBS upgraded its outlook on Dana Holding Corp., raising the 12‑month price target after a stronger‑than‑expected margin outlook. The Swiss bank lifted the target to $12.00 from $9.00, implying roughly 33% upside from the current share price. UBS highlighted improved...
Earnings Call Transcript: Deere & Company Q1 2026 Sees Strong Earnings Beat
Deere & Company posted a Q1 2026 earnings surprise, reporting EPS of $2.42 versus the $2.02 consensus and revenue of $9.61 billion, well above the $7.59 billion forecast. The equipment operations segment drove growth, delivering an 18% jump in net sales to $8.0 billion....
MARKET CONSULTATION | Solactive CWM Balanced Strategy Index | FEBRUARY 2026.
Solactive has opened a market consultation on proposed methodology changes to its CWM Balanced Strategy Index. The firm invites all stakeholders and third parties to review detailed amendment documents and submit comments. Feedback must be received by 5 March 2026, after which...
Earnings Call Transcript: Nutrien Q4 2025 Misses Forecasts, Stock Dips
Nutrien Ltd. reported Q4 2025 earnings that fell short of forecasts, posting EPS of $0.83 versus the expected $0.92 and revenue of $5.34 billion against a $5.38 billion outlook. The miss triggered a 0.87% pre‑market decline in the stock despite a 13% rise...
From $4B Deal
He made $4B for his old firm and $900M for himself. Then sued to break a noncompete—and launched a hedge fund that gained 20% in year one.
Meloni's Ethiopia Visit Firms up Italy's Africa Plans
Italian Prime Minister Georgia Meloni visited Ethiopia to cement Italy’s renewed Africa strategy, highlighting the operational rollout of the Mattei Plan. The plan aims to turn Italy into an energy hub by building pipelines that export gas and hydrogen from...
Inside the Trump Trade Strategy with USTR’s Jamieson Greer
In a February 2026 Atlantic Council podcast, U.S. Trade Representative Jamieson Greer revisited the Trump administration’s aggressive trade agenda, focusing on the looming United States‑Mexico‑Canada Agreement (USMCA) review. Greer confirmed that a full U.S. withdrawal from the pact remains "on...
Fast Calculation of Cheapest-to-Deliver Curves
Multi‑currency collateral agreements create optionality that requires discounting with a cheapest‑to‑deliver (CTD) curve. While Monte‑Carlo simulation can price this exactly, it is computationally heavy. Researchers propose an analytic approximation that combines the Clark algorithm and Gauss‑Hermite quadrature, delivering near‑Monte‑Carlo accuracy...
Philippine Central Bank Cuts Rates in Latest Bid to Support Growth
The Bangko Sentral ng Pilipinas (BSP) lowered its overnight repurchase rate by 25 basis points to 4.25%, marking the ninth cut since August 2024. Inflation remains modest at 2%, comfortably within the 2‑4% target band, while the peso rallied to...
How Bond Ladder ETFs Reimagine Retirement Income Strategies
Bond ladder ETFs are emerging as a transparent alternative for retirees seeking steady, inflation‑protected income. The Northern Trust 2045 Inflation‑Linked Distributing Ladder ETF (TIPC) structures a 20‑year ladder of TIPS, delivering annual principal payouts as each rung matures. By evenly...
Janus Launches Higher Risk-Return CLO ETF for Institutional Investors
Janus Henderson has launched a new CLO exchange‑traded fund that targets AA to A‑rated CLO tranches, offering a modestly higher expected return than its existing AAA‑focused CLO ETF. The product is designed specifically for institutional investors seeking greater yield without...
Wendy’s Is ‘Undervalued’ and Could Face Takeover by Nelson Peltz
Activist investor Nelson Peltz, through Trian Fund Management, has filed with the SEC stating Wendy’s is significantly undervalued and signaling possible actions, including buying more shares to gain control or divesting his stake. The fast‑food chain’s stock has slumped about...
Fastmarkets Proposes to Discontinue Two Category 3 Animal Fat Ddp NWE Assessments
Fastmarkets announced a proposal to discontinue two Category 3 animal‑fat price assessments – AG‑TLW‑0028 (high‑grade bone fat) and AG‑TLW‑0029 (pure beef tallow) – for DDP Northwest Europe. The move is attributed to insufficient market liquidity for these contracts. A public consultation...
Airbus Posts Record Year — but Washington Still Prefers the Boeing 'Home' Team
Airbus announced a record 2025, delivering 793 commercial jets, boosting revenue 6% to €73.4 bn and posting €7.1 bn adjusted operating profit. The company closed the year with a €619 bn order book and a backlog of 8,754 aircraft, underscoring robust demand. However,...
Lightkeeper Rolls Out AI-Powered ‘Beacon’ to Deliver Verifiable Portfolio Insights
Lightkeeper has introduced Beacon, an AI‑enabled feature that lets hedge funds and asset managers ask plain‑English questions about their portfolios. The tool pulls answers from Lightkeeper’s validated, institutional‑grade data rather than unverified sources, preserving transparency and auditability. Beacon connects client...
Problems at Yelp (YELP)
The episode dissects Yelp’s deteriorating business model, highlighting a sharp slowdown in revenue growth and a recent year‑over‑year decline driven by weaker ad clicks and economic uncertainty. It argues that a toxic sales culture, high‑pressure outbound tactics, and a disgruntled...
STOXX and DWS Collaborate on U.S. Launch of DWS Xtrackers Europe Defense Technologies ETF
STOXX and DWS have launched the Xtrackers Europe Defense Technologies ETF on Nasdaq, tracking the STOXX Europe Total Market Defence Space and Cybersecurity Innovation 50-25 index. The index, which captures companies with revenue and patent exposure to defense, space and...
Congo Offers Rebel-Held Rubaya Tantalum Mine to US in Minerals Deal
The Democratic Republic of Congo has placed the rebel‑held Rubaya coltan mine on a shortlist of strategic assets offered to the United States under a new minerals‑cooperation framework. Rubaya, which supplies roughly 15% of the world’s coltan, requires between $50 million...
Iran's Infrastructure Attacks Raise Oil Risk Beyond Market Assumptions
Truth from @ClydeCommods 👇 The Iran risk premium assumes a deal or a contained strike that leaves flows intact What if Iran stops playing by the “keep oil flowing” rule & targets infrastructure to force political outcomes? That tail risk is higher than...
Calm S&P Masks Turbulence, 2026 Stock Picker’s Market
“The S&P looks calm… but underneath, it’s churning like crazy.” Great convo with @GinaMartinAdams on concentration risk, price-to-sales extremes, and why 2026 may be a stock picker’s market. 🎙️ Latest episode of the Market Misbehavior podcast: https://t.co/6P2xtsblvM https://t.co/tohQDT7fRk
Strong Order-One-Half Convergence of the Projected Euler–Maruyama Method for the Cox–Ingersoll–Ross Model
The paper proves that the projected Euler–Maruyama scheme attains Lp‑strong convergence of order one‑half for the Cox–Ingersoll–Ross (CIR) model. By integrating a projection step with the normalized error framework, the authors broaden the parameter space where the convergence guarantee holds....
Jobless Claims Stay Low, Equilibrium Unchanged
Jobless claims update: Another week of low initial claims and stable continuing claims, suggesting no change in the low-hire, low-fire equilibrium. https://t.co/umbJshwxL5
Delta: The Sole Greek Worth Tracking
Moontower Thursday Finally got around to writing on this topic... "delta is the only greek" https://t.co/KRPirWhJSY
Booking vs Airbnb's 4Q'25, Booking's Response to Existential Question
Booking Holdings reported a 12% year‑over‑year revenue increase in Q4 2025, reaching $4.3 billion, while Airbnb posted a 9% rise to $2.1 billion. Both companies saw higher gross booking value, but Booking’s net profit margin grew to 8.5% versus Airbnb’s 6.2%. Occupancy rates...
30‑Year TIPS Auction Pressures Long‑End Breakevens
Long-end breakevens have been under pressure with a brand new 30y TIPS ($9B) up for auction later today. This will be it for the long end though. Rest of the month is front (2s) and belly (5s &...
Miran Says Stronger Labor, Goods Inflation May Raise 2026 Dot
Stephen Miran, long viewed as the Fed’s arch dove, tells The Peg that firm labour data and a pickup in goods inflation could justify revising his 2026 dot higher. https://t.co/qevsjpOlwA
What the Market Knows That WACC Doesn’t
The article introduces the market implied discount rate (MIDR) as a forward‑looking alternative to the traditional weighted average cost of capital (WACC). Using S&P Capital IQ data on the S&P 500, it shows that MIDR often diverges from WACC, with energy...
Iran Strike Could Spike Oil Above $90, Duration Key
Iran risk is unpriceable, writes Rabobank's Joe DeLaura. No strike and oil fades to the low $60s. A strike and $90+ is immediate. What matters isn’t the spike, it’s how long the disruption lasts. #OilMarkets #Iran #Hormuz #Geopolitics #EnergySecurity https://t.co/L6wTlG3QZf
NYSE Advance-Decline Line Reaches All-Time High
If you were to track the daily net difference between advancing and declining stocks on the NYSE and build a cumulative Advance Decline line, you would see it just hit the highest level in history. https://t.co/Eg6hlzbbe6
Citi Global Real Estate Team Sees Higher Returns, More Positive Supply Outlook in 2026
Citi’s global real‑estate research team projects higher REIT returns in 2026 than in 2025, with the United States, Europe, Latin America, Singapore, Thailand and the Philippines leading the upside. U.S. REITs are expected to deliver 10‑15% total returns, while Europe...
Venezuela's Oil Revival Is Overhyped, Still Decayed
Venezuela’s oil “revival” is being wildly oversold. It’s a salvage operation. Rusted pipes, polluted lakes, broken upgraders, and legal risk everywhere. You can’t fix 20 years of decay with a few rigs & a pep talk. https://t.co/tmf2KANGJr #OilMarkets #Venezuela #EnergyReality #Sanctions #crudeoil
Comesa Probes Meta for Locking Rival Chatbots Out of WhatsApp
The COMESA Competition and Consumer Commission (CCCC) has opened an investigation into Meta Platforms Ireland Ltd for allegedly abusing its dominant position by amending WhatsApp Business Solution Terms in October 2025 to block rival AI chatbot providers. The probe follows...
GomSpace Achieves Record Q4 Performance and Profitable Full-Year 2025 Growth
GomSpace Group AB reported record fourth‑quarter revenue of 145.6 million SEK, a 75% year‑over‑year jump, and delivered its first full‑year of profitable growth in 2025. Total 2025 revenue rose 72% to 441.8 million SEK, while adjusted EBITDA reached 17.5 million SEK and EBIT turned positive at...
Architecture "Billings Remain Soft to Start 2026"
The January 2026 Architecture Billings Index (ABI) fell to 43.8, marking a contraction for the 37th month out of the last 40 and signaling reduced demand for architects across most regions and sectors, except a flat reading in the South....
Brazos Starts Up New Gas Processing Plant in Midland Basin
Brazos Midstream commissioned its largest cryogenic plant, Sundance II, adding 300 MMcfd of processing capacity in the Midland Basin and joining the 200 MMcfd Sundance I that began operations in 2024. The company also broke ground on Cassidy I, another 300 MMcfd cryogenic facility in Glasscock...
Centrica Earnings: In Line With Expectations, Share Buyback Pause Disappoints
Centrica reported a 41% plunge in 2025 earnings per share to GBX 11, matching FactSet consensus. After completing a £2 billion share‑buyback programme, the company announced a pause to the scheme. Soft 2026 guidance, driven by weaker gas and power trading, pushed...