Friday, 6 November 2026

Netanyahu's bloc won more seats than Eisenkot's. Traders now think Eisenkot is the one who ends up as prime minister.

Hegseth could be impeached by a lame-duck House before the Democrats even take their seats

Oil is pricing in an end to the Iran war. The ships will take far longer to return.
Brent has shed its war premium on hopes that the midterm defeat forces a deal. But the political and physical halves of peace run on different clocks, and traders expect months between them.
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Wall Street's AI rout threatens Anthropic's November IPO. The bigger casualty is its valuation.

The Fed is about to raise rates into an energy shock. Markets think it's the last hike for a while.
Warsh Finally Got the Data He Needed. He Won't Use It.

Trump Wants Hormuz as US Territory. Markets Say No.
Deep Dives
Pro
Workslop Is Dragging Enterprise AI Into a Productivity Trap
AI-generated "workslop" — output that looks competent but fails on inspection — is now documented as a structural drag on enterprise productivity. The problem is not that models are bad; it is that mandated adoption outran the human infrastructure needed to review their outputs.

AI & the Future of Work
AI is disrupting white-collar cognitive work before blue-collar trades, inverting the pattern of every prior automation wave. A three-layer framework explains why economists disagree and who faces displacement first.

Future of Prediction Markets
Prediction markets now process more weekly volume than most commodity exchanges. The question is whether Congress or the Supreme Court decides what they actually are.
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