I know trade wars are zero-sum games, but I gotta say this is entertainment at its best. Ya gotta hand it to Doug Ford; he is the troll-king of politics. And the thin-skinned Pedo-Prince rose to the bait like a trout to a fly. If it wasn't so critical to the future of our country, I would be laughing a lot harder. A sudden reversal of expectations last week saw the hoped-for trade deal between the U.S. and Canada fall apart. This is all part of the master plan at the White Ho

Come back from the cottage and get on your computers. It's correction time. Bulls: We are in a technology renaissance that will drive a productivity-induced explosion of profitability. Sustainable FEMO (fabulous earnings momentum). Roaring 20s are here again! Bears: Bond yields are soaring on an orgy of private and public debt creation during an inflationary backdrop. The Fed is rudderless and politically compromised. We have nothing but valuation downside risk to stocks. Pi

The wizards of Wall St are at it again. From the people who brought you ABP, CLO, and MBS, a new game in town has emerged. But the same risks come with it. Jensen Huang, Chairman of NVIDIA, has the street in the palm of his hand. His proposal to reshape the financing of the AI build-out was a big ask, but in his words, "nobody said no." In an effort to put up a firewall between his company and its customers, he's creating a SPV (Special Purpose Vehicle) for funding the sales

The U.S. Federal Reserve Chair, Kevin Warsh, is stuck between a rock and a hard place. Hand-picked by Trump to lower interest rates ahead of a seemingly unwinnable Midterm election, he's also dealing with a supply-shocked CPI and an inflationary AI infrastructure boom. The resultant bulge in real yields is threatening the financial stability of currency and risk asset markets. So what does he do? Talk softly and carry no stick. That's even if he talks at all. In his quest to