'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World

Korea Barbeque'd: Kospi Crashes As Chip Stocks Tank, AI Token Index Spirals Lower South Korean stocks plunged on Tuesday as concerns over circular AI financing and China's expanding DUV lithography capabilities (read here) were top of mind among investors. Adding to the pressure, chipmakers may not have found a floor just yet because Silicon Data's LLM Token Expenditure Index continues to slide, suggesting that companies are shifting toward cheaper models, particularly open-source alternatives from China. Top Overnight News The Kospi index follows a weak US session lower, falling as much as 10.7%...

"I'll Be Short Whole Year": Paul Tudor Jones Dismisses Goldman's Optimism, Warns Of Looming Dot-Com Style Equity Supply Tsunami Paul Tudor Jones appeared on CNBC's "Squawk Box" earlier this morning and warned that corporate buybacks and mergers and acquisitions, which have fueled the four-year bull market, are nearing an inflection point and could reverse next year. "2027 is going to be really, really challenging for the stock market," Jones, the founder and CIO of Tudor Investment, told Andrew Ross Sorkin. Jones continued, "You've probably got the most negative flow picture for the...