Jane Street Made A Record $40 Billion In Trading Revenue Last Year, More Than All Wall Street Banks

Chaos Unleashed: When "Irrational" Makes Perfect Sense Authored by Charles Hugh Smith via OfTwoMinds blog, Once fairness and honesty have been stripped out of a social order, social trust collapses. Once trust collapses, society disintegrates. It's important to understand the dynamics of chaos before the certainties in our lives are swept away. Over the past few months, I've been exploring the dynamics of delusion and breakdown: 1. our reliance on models to make sense of the world and what happens when those models no longer track reality; 2. the difficulties in adapting when our old...

Micro-Cap Oil Stock Soars On Helium Offtake Deal As Gulf Shock Spurs Hunt For Reliable Supplies The Hormuz chokepoint, with the U.S.-Iran conflict about to enter its third month, remains closed, and global energy flows are being rewired. One industrial gas we've identified as facing supply disruption risks is helium, which threatens to upend end markets ranging from semiconductor production to medical imaging. Earlier this month, we published a note titled "Wyoming's Helium Empire Ascends As Qatar Gas Goes Flat." The note focused on how ExxonMobil stands out as a major...