The Kobayashi Maru Scenario

China Confirms Boeing Jet Deal, Agrees To Cut Select Levies & Expand Agri Trade Summary:  China, U.S. Agree To Cut Levies On Select Products, Expand Agricultural Trade China, U.S. Reach Boeing Jet Purchase Agreement U.S. And China Agree To Establish Trade And Investment Boards Trump-Xi Summit Delivers Modest Trade Wins China Responds With Agreements To Purchase Jets, Cut Levies, Expand Trade  One day after President Trump left Beijing, following his multi-day summit with Chinese President Xi Jinping, China's Commerce Ministry released new details about agreements it had reached to purchaseU.S.. planes and farm...

Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran Tl;dr: Rates on hold as expected with a hawkish tilt to 'uncertainty' around the Iran war clouding the outlook. The Dot-Plot showed no real change (7 on hold, 12 at least 1 cut in 2026) but inflation expectations surged in the SEP. *  *  * A lot - and we mean a lot - has happened since the last FOMC meeting (Jan 28th). Oil is up 54% since the last FOMC meeting, bitcoin has tumbled. Gold and stocks are also...

"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger Update (1730ET): The earnings call has seen SPCX shares extend their after-hours gains amid a tsunami of attention-grabbing comments from Elon Musk and CFO Bret Johnsen. Perhaps the most shocking was Musk saying that he sees between $500 billion and $1 trillion of annual recurring revenue by the end of 2027. Then he stepped it up further: Musk says there’s a small opportunity for SpaceX to have 20 gigawatts of AI compute online next year. Musk says he’s been spending a...