JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power

Futures Rise As Warsh Stays Mum, Tesla "Flying Car" Interrupts AI Liquidation US futures are higher, and small caps are leading, as the crowded-trade unwind that hammered chips, momentum and AI baskets all week takes a breather: Fed Chair Kevin Warsh said nothing about rates at the IMF gathering in Bangkok overnight (traders took the silence as a dovish gift, cutting October hike odds to 14% from 26%), Tesla jumped 5% after Musk unveiled his "flying" Roadster, and oil slipped after Trump said Iran had asked for a halt to...

India's Nuclear Push Further Strains The Massive Uranium Supply Gap Prime Minister Modi secured another major uranium supply line. During his visit to Australia this month, the two sides finalized the administrative arrangements needed to move Australian uranium to India under the previous 2014 nuclear cooperation agreement. The fuel must stay under IAEA safeguards for exclusively peaceful use.  Australia holds roughly 28% of global uranium reserves. New Delhi has eyed those reserves for years, and now the yellowcake spigot can open. This follows the March deal with Canada's Cameco. That contract covers...

Mitch McConnell Pokes Head Out Of Shell With New 'Proof Of Life' Pic From Rehab Sen. Mitch McConnell (R-KY) on Monday 'said' he's undergoing physical therapy, but that he hasn't been medically cleared to leave rehab after being admitted to the hospital after his June 14 fall.  "I'm still working hard to get back to my full schedule of work in the Senate and in Kentucky, keeping up with intense physical therapy per my doctors' orders," McConnell, 84, one of the oldest members of the Senate, said in a statement - adding...