Money versus Monetary Policy

The AI Trade: Now With Less Circle And More Jerk Submitted by QTR's Fringe Finance As if markets didn’t already have enough to worry about heading into the weekend — an escalating conflict involving Iran, growing stress in private credit, and the ongoing annoyance of positive real interest rates — one of the “AI will solve everything, just add capex” deals that everyone in markets have been quietly laughing about while investing in for the past year has officially started to unravel. According to Bloomberg, Oracle Corporation and OpenAI have scrapped plans to expand...

President Donald Trump’s options for a war with Iran may be limited by a diminished arsenal. “Joint Chiefs Chair Dan Caine expressed concerns to Trump at the White House last Tuesday that any major operation against Iran will face challenges because the US munitions stockpile has been significantly depleted by US’s ongoing defense of Israel […]

US Central Command on Sunday confirmed the death of a seventh US soldier in President Trump’s war with Iran, as Iranian missiles and drones have successfully struck US bases in the region. CENTCOM said the soldier had died of wounds sustained by an earlier Iranian attack on US troops in Saudi Arabia. “Last night, a […]