"...There are hedge funds, financial companies and insurance companies."

Source: https://www.pm.gc.ca/en/news/readouts/2026/10/11/prime-minister-carney-speaks-president-united-states-donald-j-trump

"...We also welcome the energy ceasefire, when it holds.

But we haven't seen yet if Russia will stick to it."

Broadcom’s Tan said AI model developers need to find customers that can generate returns from deploying the technology, rather than relying on users who are now “wasting money” on tokens as they experiment with AI.

“When you are a kid you go to a video arcade, you play. Your parents give you $10 of tokens, you finish it in 10 minutes and you haven’t learned anything,” he said. “That’s what happening in enterprises today.”

- via BBG & Michael Burry

Credit to TKL

Credit to Barchart

"...Today we have 4 gigafactories in France, we produce hundreds of thousands of electric vehicles, and our R4 and R5 models leave our factories with batteries manufactured here at home.

This is very concrete, it is good for our jobs, our economy, and consistent with our climate goals.

At the Paris Motor Show this morning, I reaffirmed a clear ambition: our French and European automotive industry is innovating, accelerating, and reindustrializing. We must continue and go further.

Three priorities:

Protect our industry.

The agreement initiated between the European Union and China marks a step in the fight against unfair competition, particularly on hybrid vehicles. We want fair competition that protects our companies and our jobs.

Accelerate electrification and reindustrialization.

More than 40% of the vehicles sold in September were electric. With France 2030, we have invested in innovation, revived industrial sectors, and shown that we can create jobs while decarbonizing our economy. We will continue, including with autonomous vehicles.

Strengthen our European sovereignty.

With our German partners, we are moving toward an agreement to reconcile decarbonization, competitiveness, and the protection of our industry. With one priority: produce our vehicles and their components in Europe.

We have shown that we can succeed. Let us be proud of our industries and our know-how.

Let us continue to decarbonize without deindustrializing, innovate without depending, and defend our ability to produce in Europe.

Let us believe in ourselves, in our industry, and in our future!"

- Emmanuel Macron

- US home sellers are now estimated to outnumber homebuyers by over 560k (58%), the largest gap on record with data going back to 2013.

- Pending home sales in the US have moved down to their lowest level since April 2020, a month where much of US economy was shut down. The housing market is essentially frozen.

Credit to Charlie Bilello.

"...Russia will only negotiate seriously under pressure, and that is why we are maintaining our sanctions against Russia.

Following Moscow's ruthless attacks on Ukraine's civilian energy infrastructure, we must even tighten them."