Winds Shift, Hawks Circle
Everyone — my neighbour, your dog, the birds overhead — knows the Fed is cutting rates by 25bp today. There’s no mystery there. The real …
December 10, 2025
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Hollywood
The fight for Warner Bros. is heating up. Netflix has bid for the studio’s content and streaming assets, while Paramount has countered with an offer …
December 9, 2025
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The cut is certain. The outlook isn’t.
We’re heading into one of those weeks where markets feel like an overstuffed Advent calendar: every day pops open with another surprise. Oracle and Broadcom …
December 8, 2025
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Sprinting with a shoe untied - sprinting nonetheless
Markets are ending the week in one of those oddly upbeat moods where bad data is good news, good news is rare, and everyone pretends …
December 5, 2025
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US Passed, Japan Scored
US markets cheered weak jobs data yesterday, treating 32,000 job losses in November — and the fourth negative print in the last six months — …
December 4, 2025
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Not while JGBs keep pressuring
Bitcoin, USDJPY, JGBs — call it the holy trinity of risk appetite. Since Monday, these three have been my first stops when turning on the …
December 3, 2025
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