Wall Street Journal

Federal Reserve Chairman Waller's debut featured a significant slimming statement, the cancellation of forward guidance, refusal to submit the dot plot, and the establishment of five working groups, vowing to uphold the 2% inflation target, which triggered a sharp decline in U.S. stocks and a surge in U.S. Treasury yields.

Buffett is holding $400 billion in cash, waiting for the U.S. stock market to crash, while Son Masayoshi is burdened with $100 billion in debt, crazily "selling everything" for OpenAI. Under the extremes of ice and fire, one of these two legendary giants is bound to fall.

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Software stocks experience a "newspaper moment": Goldman Sachs warns that AI could lead to a cliff-like recession, and the valuation halving is just the beginning!

He, like Trump, has made it clear that interest rates should be lower.

Most participants support a rate cut in December, with a minority believing that this decision was made after careful consideration, and they might have supported maintaining the current rate. Those in favor of a rate cut generally mentioned the increased downside risks to employment in recent months.

The cryptocurrency company Alt5 Sigma, associated with the Trump family, is facing a serious operational crisis.

Waller recently advocated for lowering interest rates, but he is more hawkish on the balance sheet issue.

Investors are taking profits from this year's best-performing stocks and shifting towards lower-valued, more defensive sectors.

BlackRock revealed that its goal is to bring traditional investment products such as stocks and bonds into digital wallets, a ecosystem worth over $40 trillion.