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The ship couldn't get through

0 months ago

The ship couldn't get through

The cruise got a bus. The diesel, the coal and the chemicals didn't. Europe's busiest river just went below zero.

The tariff was illegal. The refund isn't yours.

1 month ago

The tariff was illegal. The refund isn't yours.

$166 billion is flowing back with 6% interest. Some of it is going to hedge funds that bought the claims for 20 cents.

The stock jumped 9%. The bond fell.

1 month ago

The stock jumped 9%. The bond fell.

The biggest private bond deal in history, rated A+, hit a record low on the same day Meta had its best stock rally in a year.

Cognex Buys What Intel Nearly Closed

1 month ago

Cognex Buys What Intel Nearly Closed

Eleven years inside Intel. Fourteen months outside it. Ten times the money.

The gauge said Korea was safe

1 month ago

The gauge said Korea was safe

Margin loans were 0.6% of the market. Then the KOSPI fell 39% in under six weeks. Now the borrowing is back.

Germany just paid 3.90% for thirty-year money

1 month ago

Germany just paid 3.90% for thirty-year money

The safest borrower in the euro area. And its biggest structural buyer is leaving in 101 days.

One engine, $200,000 a month

1 month ago

One engine, $200,000 a month

A complete twelve-year-old Airbus rents for $220,000. Which is why people have started taking new jets apart.

A man knocked. I said no.

1 month ago

A man knocked. I said no.

About 190,000 people said yes to that company. It is being sold for parts, and there is a deadline nobody told them about.

One rule changed. Borrowing went up fivefold.

1 month ago

One rule changed. Borrowing went up fivefold.

The tax man calls it interest. The rating agency calls it equity. Same piece of paper.

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Stop reading the news a day too late.

Independent. Anomaly-first. Weekly.

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No part of this publication constitutes financial advice.