Net Zero Activists Stumped By Shock New Evidence Showing No Link Between CO2 & Temperature Over Last Three Million Years

Futures Drop On Souring Chipmaker Sentiment, Kospi Plunge Futures are lower amid fresh underperformance of tech. If the premarket weakness persists, the S&P 500 is set to break a historic weekly run of gains as the AI trade takes another leg lower this time driven by the cartoonish Kospi index, with investors also expecting payrolls data to affirm that interest rates will stay higher for longer (full payrolls preview here). As of 8:00am ET, S&P futures are down 0.5% while Nasdaq futures slide 1% as chipmakers fall and big tech stocks are lower too, following on from...

The Low VIX Hides Fierce Undercurrents Via RealInvestmentAdvice.com, Goldman Sachs’ volatility desk made the following comment: “With the VIX back to its lowest levels in more than a month, our Vol desk is focused on hedging opportunities as 1-month S&P implied correlation is near its lowest level in 20 years.”  Simply, a low VIX can convey a sense of market calm on the surface, yet implied correlation tells a different story. The VIX, based on option trading data, measures the implied volatility of the S&P 500 index. A low VIX means traders expect the market...

Washington and Moscow both enthusiastically celebrated the victory of the Allied “Grand Alliance” over the fascist powers at the end of World War II.  Since then, however, the two capitals have typically been on opposite sides of numerous nasty geostrategic struggles around the world.  They also have relished opportunities to work with foreign countries and […]