I think it is a reflection of the fact that this administration, the president in particular, they have prized fealty to the president. Rose Burris's expertise. And of course, what we had here was the appointment of somebody to this office and Lindsey Halligan who didn't have the experience.A smart woman, a woman very capable, but hadn't had this experience before a grand jury. And the number of missteps that by all accounts occurred in that grand jury. I don't think this is a surprise.But again, I think it ...

US-China Trade & Tech - The US government is considering export controls on high-end chips like Blackwell's or the 200 to China [1] - The core question is whether to sell advanced chips to China, allowing them to utilize US tech, or to withhold the chips and compete directly [2] - The President is weighing the decision with input from experts [3] Geopolitical Implications - President Xi reportedly pressed President Trump on Taiwan's status and urged improved ties, also discussing China's relationship with Japan [3] - The timing of the call may be influenced by upcoming trade talks [4] - Urgency from Beijing may be related to Taiwan's status and influencing the President's conversations with Japan [5]

Market Trends & Dynamics - LNG exports reached a record 101 million metric tons in October 2025 [1] - CME natural gas futures have rallied for four consecutive weeks, a pattern last seen between September 3rd and September 23rd of 2024 [1] Price Volatility & Factors - The current natural gas rally is over 65% stronger than the 156% rally in 2024 [2] - Uncertainty about storage levels due to EIA data delays caused by the government shutdown has complicated supply assessment [2] - Resumption of EIA inventory reports may introduce volatility depending on how delayed data is handled (backfilled, consolidated, or skipped) [3] - Severe winter weather or geopolitical supply risks could trigger sharp price movements in either direction for CME natural gas futures [3]

ETF Market Trends - Global ETF industry reaches $19 trillion [2] - ETF inflows totaled $42 billion in the last week, doubling the year's pace, exceeding last year's record by $100 billion with five weeks remaining, reaching over $12 trillion year-to-date [3] - Vanguard leads with $120 billion inflows year-to-date, a record, and the company's inflows are at $350 billion year-to-date, also a record [4] - Money market funds represent almost half of the entire ETF industry, reaching $45 trillion, with $700 billion inflows this year [6] Active vs Passive Management - Investors show a stronger preference for active management in the ETF vehicle [9] - Active funds are outperforming the S&P by about 5% [13] - Capita Group manages over $32 trillion in assets, with about $2 trillion in retirement portfolios [16] Company Strategy & Innovation - Capita Group has crossed $100 billion in assets under management in the active ETF space [8] - Capita Group focuses on transparent active management [33] - State Street is launching mutual fund share classes off of its ETFs [31] Risks and Opportunities - Bitcoin ETF holders have moved only 4% of assets out, with 96% remaining [5] - A bearish ETF, around since 2011, is up 6% this year [37][38] - The HTG ETF is approximately 20% in cash [47]

Can lower interest rates help the rest of the equity market catch up to big tech. AI has powered most of the rally in the market over the last 6 to9 months. Lower rates could allow the rest of the market to catch up.And that broadening would make for a less concentrated and arguably healthier bull market. Lower interest rates make it easier for consumers, businesses, and other economic participants to borrow money and have easier access to credit. And when credit flows, Americans are more likely to spend mo ...

2025 has cemented a pivotal moment with data signaling a divergence between the two reigning digital assets Bitcoin and Ether. Is this Ether's long- aaited super cycle or merely a catch-up trade driven by short-term volatility. Ether options on CME have consistently exhibited a higher implied volatility than Bitcoin options.This heightened volatility has served as a powerful magnet for traders, directly accelerating participation in the CMA Group's Ether futures market. The most compelling quantitative evid ...

“I think you could have a situation where the magnificent seven become a little less valuable and the rest of the market becomes more valuable,” says Ed Yardeni, founder and chief investment strategist at Yardeni Research. He expects the earnings for non-AI companies in the S&P 500 “to really shine.” -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://ww ...

I I'd like to get into some of the specifics that this uh plan laid out. Um there is the question of course and this is point number five from the original document. You Ukraine will receive reliable security guarantees.That is the end of that sentence. What do reliable security guarantees look like for Ukraine. It's an easy and it's a simple idea. It's a very complicated thing to put into into effect.>> First of all, uh the main security guarantee for Ukraine for many years to come will be the air defense ...

Geopolitical Landscape - The G20 summit in South Africa, despite concerns over multilateralism, achieved a declaration with many of President Ramaphosa's recommendations included [1] - The US's approach to solidarity, equality, and sustainability raised concerns about the G20's relevance [1] - Indications suggest the splintering of the world order may continue as the US assumes the G20 presidency in 2026 [2] - President Trump's Ukraine plan surprised European leaders, requiring them to respond on the sidelines of the summit [2] International Relations & Agreements - Various blocs convened during the summit, including India, South Africa, and Brazil, signaling a global reorganization [2] - A deal was established between the UK and Indonesia, indicating strengthening bilateral ties [2] - India, Australia, and Canada agreed to deepen ties, further illustrating the shifting global landscape [2]

Today, we've wiped out over half of all the beef cattle operations in business just over a generation ago. We've lost 52% of them. And the four largest packers controlled today about 80% of the marketplace.And consumers in 2024 paid about $823 per pound for beef. And so what we see today is a dysfunctional marketplace. As I described before, since 2017, we saw beef prices going up.that consumers were paying in the retail store. We saw cattle prices going down. The latest census shows that just in the 5-year ...