Georgia Governor Declares 15 Day State of Emergency, Deploys National Guard in Anticipation of Tyre Nichols and 'Cop City' Riots

Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong Futures are lower but well off session lows, as overnight headlines induced another bout of aggressive choppiness: those headlines include strikes on Iranian gas facilities, Saudi and UAE considering entering the war, Iranian lawmaker ruling out US negotiations, and then reports of Iran / Egypt discussions on the region pointing toward mediation.As of 8:00am ET, S&P futures were down 0.2%, but moves are staggered jittery and extremely illiquid, and swung earlier between gains and losses. Nasdaq futures are down...

"Massive Culling" Imminent For Alt Managers, Soros Fund CEO Warns Authored by Lance Roberts via RealInvestmentAdvice.com, Dawn Fitzpatrick says overallocated LPs, frozen distributions, and mounting margin-call risk are converging into a sector-wide shakeout. Such will eventually separate survivors from the casualties. I used Claude to source data on private credit and equity funds, sources disclosed at the end. In July 2024, I penned an article entitled “Private Equity: Why Am I So Lucky,” which began with: “Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets, as individuals seek higher rates...

Macron's AI Clown Show: Europe's Digital Dilemma Submitted by Thomas Kolbe The European Union has lost its place in the global race for artificial intelligence. In a single tweet on platform X, France’s President Emmanuel Macron inadvertently outlined the convoluted situation while simultaneously revealing his personal emotional fragility. The leading representatives of the European Union like to present themselves as emotionless technocrats. Maintaining the greatest possible distance from citizens, they execute their agenda of societal transformation toward what they understand as a net-zero transformation economy.  This ostentatious distance from the citizenry acts as...