UK Gilt Yields Tumble As BoE Scraps Bond Sales, Holds Rates (As Expected)

Fauci Aide Pleads Guilty To Conspiracy That Shielded EcoHealth Records, Countered Lab-Leak Narrative Dr. David Morens, the longtime senior adviser to Dr. Anthony Fauci at the National Institute of Allergy and Infectious Diseases, pleaded guilty in Greenbelt federal court on Tuesday to conspiracy to commit offenses and to defraud the United States (18 U.S.C. § 371). The plea caps a records scandal that began with his own emails bragging about making federal documents disappear. According to the DOJ: After the NIH terminated the bat coronavirus grant, Morens and a co-conspirator pledged...

Space: The Now Frontier And The AI Revolution By Peter Tchir of Academy Securities Space: The Now Frontier & The AI Revolution Academy will tackle any details on a deal with Iran via a SITREP and a podcast, once (if) details are made  available.  After last Friday’s extreme move (More Than Rates Moving Markets) we had a relatively tame week with the S&P and Nasdaq both gaining around 0.7%, but neither getting back to their highs of the week, set on Tuesday. Yields drifted moderately lower on the week, primarily on the back...

Bad News Overload? News Avoidance On The Rise These days more than ever, it often feels like there’s no end to bad news. In the age of social media and constant exposure to news, doom scrolling can take a heavy toll on people’s mental wellbeing. As a consequence, more and more people actively try to avoid the news or at least limit their exposure to it. As Statista's Felix Richter shows in the chart below, according to the Reuters Institute’s latest Digital News Report, an average of 42 percent of respondents from 48 countries...