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Paul Tudor Jones is chiming in on the AI “will kill all humans” debate, urging cooperation with China.

Think what you want about AI, but China won’t cooperate with the US.

It’s an arms race. If you throttle US development, you lose.
wsj.com/opinion/ai-may…

For years, 9/11 videos were rarely shown, so as not to trigger - a term that didn't exist in 2001.

I get that it's time to show a younger generation the horror that unfolded.

Please remember: this was real and is painful to watch. Skip the "wow" commentary.

In the ECB presser, Lagarde was asked about FX intervention. Lagarde: I'm not going to comment, followed by "it was 500 million euros", bows her head slightly and makes a face that screamed "this was petty change - why are we talking about this?"

US Treasury to buy back up to $6bn in longer-dated debt.

Market reaction not kind: 10Y and 30Y up by 4bps . S&P dropped a little on the news, gold down and dollar stronger..
Src for intra-day 10yr chart: BBG

Gold up. Oil up. The negative correlation is breaking down.

Particularly noteworthy as geopolitical tensions and bond yields are both up, suggesting market is moving on from gold-down-due-to-supply-shock-syndrome.

Below: rolling 60 day correlation in lower pane. Source: BBG

A timely history lesson worth watching.
@aroberts_andrew, author of superbly researched "Churchill: Walking with Destiny," debunks distortions—and explains why Churchill would have understood, and known how to handle, Hamas and Iran.

@p_m_robinson, thanks for a great interview. x.com/p_m_robinson/s…

Warsh: moved the needle
Waller: noise

Chart shows rate hike probabilities for September FOMC meeting based on futures. Source: BBG