UP-NS Decision Pushed to H2 2027
STB calendar extends arb risk into 2027, with Nov. 18 as the first must-watch date.
August 2026
Your T-Bill Ladder Has a New Ally
Bessent’s Treasury twist and the GENIUS Act are reshaping the short end. Here is what cash holders should know.
MP Materials Has a Price Floor. Is It a Business?
China’s rare-earth export-control suspension ends Nov. 10, 2026. The real question is whether Washington’s $110/kg floor is durable policy or a subsidy trade dressed up as a moat.
The September Countdown Is Already Priced Wrong
Freeport restarts this week, EU storage is below seasonal norms, and the Russian LNG cutoff clock is running. The TTF-to-Henry-Hub spread is the clearest trade in energy right now.
Deere Lost Its Option on Labor Cost Certainty
UAW members rejected a 2029 extension Sunday. With bargaining reopening in 2027 and management calling 2026 the cycle bottom, terminal margins deserve a harder look.
Walmart’s Worst Day in Four Years
A 9% drop on a revenue beat. The comp-sales miss is real, but the business beneath it is not what the market is pricing.
Nvidia Is Now a Power Broker
Three power-infrastructure bets in one month suggest a supply-chain strategy that many investors are treating as philanthropy.
Broadcom’s $100B Moment Is 11 Weeks Away
The custom silicon king reports September 2. Two engines are running. One number decides everything.
Micron’s CEO Just Called Time on the Boom-Bust Clock
A $10 billion research lab, a 50% supply shortfall, and a forward P/E of 6.76 are telling three different parts of the same story.
The Treasury Lit the Fuse. Bitcoin Did the Rest.
Three separate catalysts converged this week to produce Bitcoin’s strongest weekly gain since March 2023. Only one of them is priced in.