What a meaningless picture. The odds of winning for those who are not placing bets are 0.

Wall Street on Alert for Biden Exit as Trump-Win Trades Mount

What a fascinating (and depressing, to me) topic, on the eve of American Independence Day. You should dig a bit deeper than the first paragraph and see this quote further down (the bolding is mine): The key difference here is civil versus criminal ...

Supreme Court partially backs Trump on immunity; throws out judicial decision that rejected...

Witches are not real, his crimes are very real, well documented, and substantiated with evidence.

Supreme Court partially backs Trump on immunity; throws out judicial decision that rejected...

Oh look - Powell spoke, the market surged. Rinse, lather, repeat.

Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence...

All Biden needs to do now is make an official executive order banning Trump from running in this election - it's going to be fully legal under this ruling.

Supreme Court partially backs Trump on immunity; throws out judicial decision that rejected...

What makes any of you think BOJ's interventions have been ineffective? They spend a small fraction of their dollar reserves on it, they short UJ fast and furiously and then unwind slowly and gradually, for a hefty profit - and then end up with more ...

Japan top currency diplomat Kanda: I am seriously concerned about the recent rapid weakness in...

For that much money with so much horsepower, I'd expect the car to be also convertible to an airplane, or submarine - or both! Alas, and hopefully Jay Leno's garage has an elevator in it.

Bugatti’s new car is a $4 million, 1,800 horsepower hybrid

What is this steaming pile of shit and why is it on FF?

Roaring Kitty Live Stream

I would also say there was a psychological benefit to the intervention because it has raised the risk of staying long around the levels of the last intervention (just think - do they have another $60B to stage another one?). Complacency didn't work ...

Japan Confirms It Spent A Record $62 Billion In Failed Attempt To Prop Up Yen

Why is it a failure if it stopped the speculators from shorting all the way to 160 and beyond? $62B is nothing for a central bank of a developed nation, they probably made money on this trade too. Then the article ends with this: That's funny, in a ...

Japan Confirms It Spent A Record $62 Billion In Failed Attempt To Prop Up Yen

What's the point? They have harems and breed like rabbits, there is probably a chain of succession of equally savage brothers/cousins.

Arab sources are reporting an assassination attempt against Saudi Crown Prince Mohammed bin...

In the meantime, keep calm and BTFD!

Fed’s Williams: Eventually There Will Be Rate Cuts

url You should read this though it's a bit dated. Retail traders don't move markets as liquid as FX, and I dunno about you but it feels like $175B is a nice enough purse for an intervention. But you do you and stay short.

JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again

Yeah I'm also in the imminent reversal camp even without an actual intervention - the pair is overbought in the extreme

JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again

$98M AKA Jamie Dimon's pocket change.

Federal Reserve Board issues enforcement action against JPMorgan Chase & Co., fines the firm...

Fun fact: the market was expecting imminent rate cuts all of last year, and AI bred babies increasing consumer demand in the economy

Fed’s Barkin: We’ll see if there are rate cuts this year

Ever since his tenure at the WH in mid-2010s, this guy has been a rabid Keynesian. And now, let's add dereliction of duty to your CV.

Fed’s Goolsbee Says Even if Inflation Comes in a Bit Higher Over Next Few Months, Still...

BREAKING NEWS: Vision Pro does not include an actual girlfriend, despite the exorbitant price point.

Apple’s Vision Pro buyers upset to discover that VR porn doesn’t work: ‘$3,500 chastity belt’

"Urging" the Fed do one thing or another is just good publicity in the election year, isn't it? How about doing your damn job and rolling back massive corporate tax cuts from 2017, and then maybe monetary policy decisions can have more wiggle room. ...

Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing...

This snippet from FX live is pure idiocy: there's no direct correlation between 10 year yields and equity prices. Once the yield curve uninverts though, watch out below.

US Treasury Q1 quarterly refunding estimate $760 vs $816 billion prior