Global Gas Supply Fight, Robotaxis On UK Streets, Homes Sell Electricity 

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Europe is nearing the end of summer with a low natural gas buffer, threatening to intensify a global fight for supply. (2) As Britain’s borrowing costs rise and hostilities flare between the US and Iran, the …

Bessent's Gains Wiped Out, Gilts Lead Global Selloff, Putting AI in Your Mouth

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The yield on 30-year US government bonds climbed back to levels seen just before Treasury Secretary Scott Bessent expanded a buyback program in an effort to contain long-term borrowing costs. (2) UK Prime Min…

Shein's Unfashionable IPO, Bond Yields Hit 2008 Highs, Lionel Messi Retires

Your morning briefing. All the news you need to start your day. On today's podcast: (1) US Army Secretary Dan Driscoll is stepping down after repeated clashes with his boss, Pete Hegseth, leaving the service without several top leaders even as the conflict with Iran continues. (2) Shein struggle…

US & Iran Resume Attacks, Oil Moves Higher, Reflecting on Jackson Hole

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The US and Iran exchanged strikes for the first time in about a month as American forces hit Iranian rocket launchers and the Islamic Republic responded by firing missiles toward Jordan. (2) President Donald …

Kevin Warsh Takes Center Stage, France’s Debt Divide, America Bets on English Football

Your morning briefing. All the news you need to start your day. On today's podcast: (1) A chorus of investors is urging Federal Reserve Chairman Kevin Warsh to provide a strong rebuke of high inflation to boost the long end of the Treasury market. (2) Federal Reserve officials continue to send m…

Nvidia Reignites AI Rally, Iran-Oman Hormuz Deal, The Free Money Test

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 2028, easing concerns that AI spending is poised to lose momentum. (2) Iran’s military said it r…

Hormuz Talks, A Trade War of Words, Ceuta's Aftermath

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, according to a joint statement carried…

Washington's China Collision Course, Burnham Exclusive, The AI Hiring Era

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of what he called an “economic D-Day” campaign to isolate the Islamic Republic and end nearl…

Canada's US Trade War, Bessent's 'Economic D-Day', Bonds Brace for Warsh

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Prime Minister Mark Carney’s government sees little chance of resuming talks with President Donald Trump before the midterm elections after trade negotiations collapsed, according to people familiar with the m…

Stock Bubble Warning, France Deficit Blowout Risk, Poland’s $1T Problem

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The US equity market is in bubble territory, with metrics such as the Shiller cyclically adjusted price-to-earnings ratio, the real equity risk premium, and the Buffett Indicator pointing to overvaluation. (2…