Gold tests $1960

Is Credit Whispering, Or Screaming? By Peter Tchir of Academy Securities Is Credit Whispering? Or Screaming? For the past couple of years, it has been relatively safe to assume credit is well behaved and relatively range bound. It is unclear if that remains the case. We may be in a situation where the AI spend, the AI displacement, and the Working Poor are forming a storm of some sort. How severe remains to be seen, but for the first time in a while it is a real concern for me. My inclination has been...

Palantir Seen On "Golden Path" As Pentagon Moves To Make Maven Battlefield System A Program Of Record Palantir shares gained 4% by early afternoon trading after Reuters reported over the weekend that the Department of War plans to designate its Maven artificial intelligence system as an official program of record. Wall Street views this report as a bullish catalyst and a meaningful validation of Palantir's long-term role in military command-and-control AI software. Reuters cited a letter from Deputy Secretary of Defense Steve Feinberg to DoW heads earlier this month that...

California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets Authored by Dylan Morgan via The Epoch Times, California Gov. Gavin Newsom on Friday issued an executive order banning state officials from using insider knowledge to profit, or assist another person in profiting, on prediction markets, effective immediately. The governor’s office said there have been mounting reports of individuals in the federal government with access to sensitive government information placing well-timed bets ahead of major Trump administration actions. These reports are currently allegations and have yet to be verified. “Public...