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"Everyone Has Blown Up": London Macro Traders Carried-Out As French Carry Trade Implodes (Again)

"Everyone Has Blown Up": London Macro Traders Carried-Out As French Carry Trade Implodes (Again) For the better part of three years, the hottest seat in London's multi-manager world was a European rates book: lever up French OATs in repo, clip the carry, collect the seven-figure payout. This month, the French bond market sent the bill. According to a must-read report from eFinancialCareers' Sarah Butcher, London's macro hedge funds are quietly emptying out their EGB desks. Funds aren't talking about performance, but headhunters and bank traders who have been keeping score say...
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Jul 14, 2026 / Tyler Durden
Trump Gave Saudi Crown Prince Green Light For Attack On Yemen's Sanaa Airport
Trump Gave Saudi Crown Prince Green Light For Attack On Yemen's Sanaa Airport Authored by Dave DeCamp via AntiWar.com Axios reported Monday that President Trump gave Saudi Crown Prince Mohammed bin Salman (MbS) his support for an attack on Yemen ahead of Saudi Arabia’s bombing of the Sanaa International Airport, which shattered a years-long truce between Riyadh and the Houthis. US officials told Axios reporter Barak Ravid that Riyadh sought support for the attack during conversations with US officials last week, which included a Friday conversation between Trump and MbS. The report said MbS "asked...
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Mar 23, 2026 / Michael Matulef
Scarcity and the Machine: Opportunity Cost in the Age of Artificial Intelligence
For more than two centuries, the doomsday crowd has claimed that capital development will create mass unemployment. And for two centuries, they have been wrong. The same goes for artificial intelligence.
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Aug 12, 2026 / Tyler Durden
WHO Defends Childhood Vaccination Schedules After Trump Order
WHO Defends Childhood Vaccination Schedules After Trump Order Authored by Jack Phillips via The Epoch Times, The World Health Organization (WHO) on Aug. 11 defended its immunization guidelines after President Donald Trump issued an order to change the childhood vaccination schedule to space out the shots. A health worker prepares a vaccine in Texas in a file image. Ronaldo Schemidt/AFP via Getty Images On Aug. 10, Trump signed an order to recommend administering the measles, mumps, and rubella (MMR) vaccine in three shots during separate visits. The combined MMR shot is commonly given...
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