"New jobs will be created, some jobs will be lost, every job will be changed..."

"Although the government is stepping up fiscal support, this is unlikely to fully offset the drag, and we expect the economy to expand just 3.5% this year."

The hyperkinetic litigation around the country reflects two realities...

I'm afraid my kids lives are in danger...

It is urgent that Spain radically changes its energy strategy, that we maintain and expand the nuclear and base energy park, or we will depend more on Russia and China and, moreover, with blackouts...

...but, the market is not pricing much cushion for downside growth risks.

...follow the gold. It always leads to the truth.

"The Treasury is in wait-and-see mode when it comes to debt management"

...a sizable draw in crude inventories and gasoline stocks (fell for the ninth week in a row)...

They say history doesn’t repeat, but it rhymes.

...the biggest MoM decline in headline PCE since the COVID lockdowns.

If Washington needed a way to truly hurt Beijing, it appears to have found it...

"SPAIN's black start after the cascading power failure relied heavily on..." 

The injunction against Border Patrol comes after sweeps allegedly targeted Latino communities without sufficient legal grounds.

"Our Country will boom, but we have to get rid of the Biden 'Overhang'..."

The hit to US growth from frontrunning tariffs has arrived as expected. And now we wait for the renormalization.

As the almost inevitable tariff-driven slowdown burrows into the economy, households will start to deleverage, reducing their allocation to stocks...

"Unease is the word of the day..."

“Perhaps we are past peak uncertainty”

"We view read-throughs to the broader AI infrastructure group (e.g., DELL, ANET) as negative ..."