Subsidizing Higher Education Is Not Creating Widespread External Benefits

Secretary of State Marco Rubio voiced strong support for Hungarian Prime Minister Viktor Orbán. Orbán is seeking a fifth term as leader in the April election. “I’m going to be very blunt with you. The prime minister and the President have a very, very close personal relationship and working relationship,” Rubio said in a press […]

Futures Fall As AI Selloff Resumes US equity futures woke up after President's Day and chose to resume their selloff (after a modest bounce on Monday's holiday failed to hold) dragged by Tech, as the risk-off moves on AI disruption fears continue. As of 8:15am ET, S&P 500 futures were down 0.5% with Nasdaq 100 contracts falling 1.0%. In premarket trading, all Mag 7 stocks are lower and Semis are being pressured with AVGO / NVDA lower by more than 1%. Pockets of outperformance (and higher absolute returns) can be found...