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Recent editions.

Seoul Trips a Curb as AI Money Gets Pricier | Banks Profit From Leverage, Lose Capital | Oil's $20 Premium Meets the CPI Test

Oct 13, 2026

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3 min read

Seoul Trips a Curb as AI Money Gets Pricier | Banks Profit From Leverage, Lose Capital | Oil's $20 Premium Meets the CPI Test

Korea's Kospi fell 5.5% a day after Broadcom's chief said capital may be AI's biggest constraint. Goldman and JPMorgan leaned on equity desks while capital ratios slipped at three big banks. Brent holds near $105 a day before inflation data.

Diesel Takes the Truce, Crude Keeps the War | A Dollar Rally Without the Fed | The Bull Turns Four as Memory Cracks

Oct 12, 2026

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3 min read

Diesel Takes the Truce, Crude Keeps the War | A Dollar Rally Without the Fed | The Bull Turns Four as Memory Cracks

An unconfirmed energy ceasefire knocked diesel lower while Brent climbed back above Friday's settle. The dollar sits near an 18-month high even as October hike odds fade. Korea's memory giants fell more than 4% on the bull market's fourth birthday.

AI Doubts Split From the Bond Selloff | Gilts Hit a 2007 High as Musalem Sets a Window | Oil Loses a Strike, Gains a Storm

Oct 9, 2026

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3 min read

AI Doubts Split From the Bond Selloff | Gilts Hit a 2007 High as Musalem Sets a Window | Oil Loses a Strike, Gains a Storm

A lower OpenAI revenue figure sank chip stocks while long Treasuries rallied. Bailey warned about who owns gilts now, and Musalem put a six-to-nine-month frame on more Fed hikes. Brent eased after a no-strike pledge, but a hurricane has shut most Gulf output.

Three Shocks Lift Oil 4% | Waller Keeps Hikes, Loosens the Clock | The AI Build-Out Starts Borrowing

Oct 8, 2026

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3 min read

Three Shocks Lift Oil 4% | Waller Keeps Hikes, Loosens the Clock | The AI Build-Out Starts Borrowing

Strike planning, a tanker attack and a hurricane pushed Brent above $104 overnight. Waller said hikes need not come at back-to-back meetings as the 10-year touched a 24-year high. Broadcom and Oracle are lining up chip debt while the bottom tier of credit strains.

October Hike Odds Fade, the 10-Year Holds | The Oil Shock Moves Into Diesel | Private Credit's Exit Line Grows

Oct 7, 2026

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4 min read

October Hike Odds Fade, the 10-Year Holds | The Oil Shock Moves Into Diesel | Private Credit's Exit Line Grows

Traders cut October hike bets by more than half in a week, yet the 10-year sits near a 24-year high. Pipeline crude is returning while heating oil outruns it. One private credit fund faced exit requests at twice its quarterly cap.

The 10-Year Sorts the Market | Brent Breaks $100, the Refill Doesn't | Liquidity Gets a Price Tag

Oct 6, 2026

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4 min read

The 10-Year Sorts the Market | Brent Breaks $100, the Refill Doesn't | Liquidity Gets a Price Tag

Long yields hit 2002 highs Monday as the Nasdaq set a record and homebuilders slid. Brent fell below $100 overnight while Aramco warned refilling stockpiles could take two years. Private fund investors are accepting steep discounts to get their cash back.