One of the things that has surprised me about being a homeowner is I'm thinking how to frame this, but how low tech a lot of the housing construction and fixing actually is. Right. So, you know, if there's a leak in your ceiling in your roof or something, it's literally either you or some guy that you hire going up on a ladder and like putting down a few more shingles with a nail gun, right.No, seriously. It's the year 2025 and we're still putting houses together with like, you know, >> hammers and someone ...

Political Landscape & Election Results - Javier Milei's midterm election performance significantly exceeded expectations, securing 41% of total votes, surpassing pre-election polls and exceeding the opposition by nine points [2] - This victory marks a turnaround from a previous 14-point defeat in a local vote, restoring investor confidence in Milei's free-market policies [1][2] Market Reaction - Argentina's bonds and stocks experienced a surge in response to the election results, with benchmark dollar notes increasing by over 13% [2] Policy & Reform Implications - Milei now needs to collaborate with moderate factions to enact key reforms, including tax, labor, and pension reforms, to foster growth and secure potential reelection in 2027 [3] - Securing over a third of the lower house is a step forward, but Milei still needs to build consensus to achieve a simple majority for lasting reforms [3] Economic Context - Argentina faces ongoing economic challenges, requiring significant reforms to ensure long-term stability and growth [1][3] - Donald Trump had previously extended a 20 billion USD lifeline to Argentina, highlighting the nation's economic difficulties [1]

It's really kind of a surreal, suspended animation kind of place right now. The House Republican Conference is not even in session. So they're not in D.C. So the temperature on the Republican side, from my perspective, is a lot more calm. They just are.You know, the president doesn't care about this or voters don't care about this, so therefore, we don't care about this. And then on the Democratic side, there's a little bit more action. And keep Jeffries is calling the entire Democratic conference back to D ...

Market Trends & Dynamics - Unprecedented demand for precious metals, including gold, from new clients like large corporations and family offices [2] - Significant price dislocations between key trading hubs have created lucrative arbitrage opportunities [3] - Fears of U S tariffs on silver, platinum, and palladium persist in the market [3] - Spot gold trading in London has increased more than threefold since 2021, averaging nearly $600 billion per week recently [6] Talent & Compensation - Banks have underinvested in their gold trading teams, resulting in a shallow talent pool [5] - Physical trading houses and hedge funds are actively poaching gold traders [8] - Bonuses at physical trading houses can be 2 to 3 times higher than those at banks, leading to high turnover [10] - Traders with expertise in macro forces and the practicalities of physical metal movement are highly sought after [7] Key Players - JP Morgan and HSBC are historically dominant banks in gold trading [5] - Physical trading houses and hedge funds are increasingly active in exploiting arbitrage opportunities [4]

There is so much on the agenda. We heard him float. Maybe he wants to take a little side trip and meet with Kim Jong un as well.Yes. He approach these trips. And what does he hope to get in terms of deliverables.I've done one of those side trips to meet Kim Jong un on the way back. I honestly don't know how he does it. I just got back from Tokyo last night and I can barely stand up.I was thinking more about his his meetings last week when he was in Asia maybe two weeks ago. And I lose track of the time he w ...

Market Trends & Sentiment - US equities are largely green, with the Dow Jones Industrial Average up more than 300 points or 0.7% [6] - A risk-on appetite is enveloping the market, indicated by materials and consumer staples sectors being in the red [11] - Market shows complacency with the VIX at just under 16 [6] Company Performance & Earnings - Avis Budget's third-quarter revenue slightly exceeds estimates at $35 billion versus the street estimate of $345 billion, with America's per unit fleet costs down 20%, stock unchanged in the aftermarket initially but later up 9% due to adjusted EBITA surpassing estimates at $559 million, up 11% year-over-year [8][17] - Cadence's EPS beats estimates at $193 versus $079, with revenue also beating estimates at $134 billion versus $132 billion, showing 10% revenue growth and 17% bottom-line growth, but shares move lower due to guidance for the full year expecting $526 billion to $529 billion [13][14] - Bed Bath & Beyond's third-quarter net revenue is just shy of estimates at $2572 million versus $260 million, but the adjusted EBIT loss is much better than expected at $494 million, shares up 10% after hours [15][16] - Whirlpool reports net sales above expectations at $43 billion versus $393 billion, with ongoing EPS at $209 per share versus the street's $040, and full-year EPS guidance at $7 per share, higher than the average street estimate of $641, shares pop 1% in after-hours trading [22][23][24] - Keurig Dr Pepper is up 76% after raising $7 billion from Apollo and KKR to finance its acquisition of JD Peet's NV, planning to separate beverage and coffee businesses by the end of 2026, and reporting third-quarter sales of $43 billion [18][19] Mergers & Acquisitions - Huntington Bank agrees to buy Cadence Bank for $74 billion, indicating consolidation among regional banks [19] - First Citizens and Pak National Bank are in a tie-up [20] - Newmont is studying a potential deal to gain control of rival Barrick Mining's Nevada gold assets, shares down 57% [21] Technology Sector - Qualcomm is the number one gainer in the S&P 500 and NASDAQ 100, up as much as almost 22% intraday, finishing up 11%, unveiling chips and computers for the data center market [12] - Amazon is reportedly laying off 30000 corporate workers, citing being over-hired [4]

Does this mean. This is the list. Numbers haven't changed.Unlike the hurricane, where the five names had been leaked before. And so this is something that the markets have been observing for a couple of weeks. So I don't think it's going to have a whole lot of impact on people's thinking at the moment until we get much closer.Besson said he's going to hold another round of interviews, and that may lead to some further leaks about who he likes or doesn't like. And he suggested that after Thanksgiving he woul ...

The name. Edit It says what it is on the label. It's an AI chip, right.200 to 200, apparently. Just how big of a rivalry will this pose to in video. Yeah, I mean, the stock reaction a gain of almost 9%.Biggest jump since early April. The stock's now trading at its highest level since July of last year is shows that this is real. The a200 is an MP U a neural processing unit.It's just a fancy way of saying it's a purpose designed accelerator card for A. I. machine learning tasks.And what Qualcomm is saying is ...

he believes Wikipedia has become wokipedia which uh is not true. Um and you know I encourage him to sort of a better message is to say if you feel like Wikipedia has got some bias encourage people to come and participate people who agree with you don't paint us as like oh they've gone they're crazy left-wing activists or something we aren't. Uh and by the way he's also encouraging crazy leftwing activists to come and bother us and that's not good either.So, you know, realistically, uh, I can't predict what ...

SCARLET: WELCOME TO BLOOMBERG E. T. F.I’M KATIE GREIFELD. NOW TO THE $19 TRILLION E. T.F. TECH. STOCKS RISING TO ANOTHER HIGH.OPTIMISM LIFTED EVEN HIGHER AS PRESIDENT TRUMP AND PRESIDENT XI ARE SET TO UNVEIL SOME TRADE AGREEMENTS AT A SUMMIT LATER THIS WEEK. SCARLET: GOLDMAN SACHS ANNOUNCES PRIVATE EQUITY LIKE RETURNS AND WE’LL SPEAK TO BRENDAN MCCARTHY. KATIE: THE FUTURE STRUCTURE OF Q.Q. Q. REMAINS IN FLUX AND CONVERTING THE FUND TO A OPEN-ENDED E.T. F. IS DELAYED AND A LARGE COMPONENT FOR CONSEQUENCES FO ...