"Stocks Should Go Up, Not Down": Trump Rages At Market Reaction To 'Great' Jobs Report

"The State Does Not Create Wealth; It Consumes It": Europe's Socialist Model Hits The Wall Authored by Daniel Lacalle via dlacalle.com, Decades of bloated government, entitlements, subsidies, and mass migration have destroyed Europe's competitiveness and growth, all paid for with ever-rising taxes and more debt. They have also created enormous social discontent. Taxpayers are exhausted, and the recipients of subsidies are looting and vandalizing the streets. The flames in French cities are the bill that is arriving. On Saturday 17 October, France burned again. What began as marches against the cost of...

Russian Tech Giant Yandex's Connectivity "Collapses" As Kiev Targets Data Centers Data from the internet monitoring group NetBlocks show a sharp collapse in connectivity across Russian tech giant Yandex's networks following Ukrainian drone strikes on its data centers. ⚠️ Confirmed: Metrics show a second collapse in the networks of Russian tech giant Yandex after a new Ukrainian drone attack on data centers in Vladimir this morning. The campaign comes not long after Russia's threat to give Ukraine a "digital detox." https://t.co/jOVL5BjYNR — NetBlocks (@netblocks) October 11, 2026 The topic of the day has...

Another Poor, Tailing 20Y Auction: Is This One Of The Last Ones The week's lone coupon auction took place at 1pm and amid speculation of fireworks at the next Treasury Refunding Announcement in two weeks, when Citi is confident Bessent could announce the end of 20Y auction, it could very well be one of the last sales of 20Y paper for the US. The auction, as most recent 20Y sales, was mediocre: it stopped at a high yield of 5.469%, the highest on record for the tenor, up 49bps from September,...