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NEW ODD LOTS:
The $300 Billion Structured Notes Market Is Booming
@tracyalloway and I talk to Alex Micalizzi, international head of equity structured notes at Nomura, about the increasing demand among rich clients for exotic ways to play this market podcasts.apple.com/us/podcas…
Nine people were killed when a Bahamas-bound LearJet crashed in a residential area in Palm Beach County, Florida, officials said. cnn.com/2026/11/01/us/south-…
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Breaking News: Nine people were killed after a small plane crashed in a residential area of Palm Beach County, Florida, the authorities said. nyti.ms/4f7L4fw
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Today's Learjet came down at nearly 70 degrees, a dive so steep it almost never happens. Since 1987, airlines have flown about 1.1 billion flights, and only around a dozen well-known airliner crashes have looked like this. That's roughly one in every 38 to 95 million flights, far rarer than a fatal airline accident of any kind, which happens about once every 5.6 million flights. Crashes this steep are among the hardest to explain, and a third of the best-known ones are still disputed today. (Audio included)
Gotta wonder how long it takes for a few of these “oh we overbought capacity but we can just resell it at a premium” stories turn into a glut/panic
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here's the entirety of the seeming mental breakdown Haley Stevens just had on CNN. One of the most bizarre and incoherent political interviews I can recall. Note how she's completely unable to explain why she changed her mind from supporting Abdul El-Sayed last night to endorsing Mike Rogers today.
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Under pressure from Israeli prime minister Benjamin Netanyahu, the Trump administration may be within days of launching a nuclear strike on Iran. The target would be Pickax Mountain in central Iran, where Israeli intelligence claims the Iranian government has restarted its nuclear enrichment program. No conventional weapon in the American arsenal can penetrate 300 feet of solid granite to destroy the tunnels where enrichment is supposedly taking place. The only military option is a nuclear strike. Netanyahu has been pushing hard for one. “Bibi calls Trump about it every day,” says an informed observer.
Netanyahu is cornered and desperate. After last week’s election results, he can’t form a government unless Trump intervenes directly in Israeli politics and brokers a deal with other parties that gives Netanyahu 61 seats in the Knesset. Otherwise, he is out as prime minister and on his way to ignominy, investigations and possibly jail. Netanyahu must stay close to Trump. He needs this war.
To that end, he’s applied maximum pressure to his closest allies in the administration, including Secretary of Defense Pete Hegseth and CENTCOM commander Brad Cooper. Both oppose a negotiated settlement to the war they’ve so grievously mismanaged; both are pushing to restart major combat operations. Secretary of State Marco Rubio and CIA director John Ratcliffe are also following Netanyahu’s lead, as are leaders of the Democratic Party. In a recent meeting on the subject, former president Barack Obama said he opposes the current Iran peace deal being drafted in Doha.
The rest of America’s longtime allies in the Middle East are terrified by the prospect of more war. On September 27th, Netanyahu flew secretly to Abu Dhabi to enlist the UAE in his lobbying effort for a final attack on Iran. The Emiratis refused. After eight months of conflict, Gulf economies are teetering. So are global energy and fertilizer markets. They won’t recover soon. Globally, there are a total of about 850 supertankers used to transport oil from producers to the rest of the world. In October alone, 11 of them were badly damaged in Hormuz. At this pace, a global depression is imminent. A nuclear strike would radically accelerate the destruction. Fallout from a ground explosion at Pickax Mountain would contaminate the Persian Gulf, poisoning the water supply for 100 million people.
And those are just some of the immediate consequences for the region. The rest of the world is every bit as exposed. No country other than the United States has ever used a nuclear weapon in war. Some would like to. An American nuclear attack on Iran would set a new precedent. The Russians have already told at least two other governments that an American nuclear strike on Iran would free them to use nuclear weapons against Ukraine. Pakistan and India would be tempted to do the same against each other, as would North Korea against Seoul. After the first nuclear strike, World War Three is inevitable. That war would be short and final.
We’ve been sleepwalking toward this moment for months. Since February, the administration has quietly rewritten America’s nuclear doctrine to make first use of so-called “battlefield nukes” easier and therefore more likely. No one in Washington in either party seems bothered by this. Now we’re on the brink of it.
Close observers say Trump is likely to decide by next weekend whether or not to use nuclear weapons. That would be November 7, six days from now. To his credit, he’s hesitating. At the moment, Trump is listening to his vice president, JD Vance, and to his envoy and friend Steve Witkoff, both of whom argue a deal with Iran can be made.
They’re right, though it won’t be simple. The Iranians are famously frustrating to negotiate with under any circumstances, and elements of that government have become more radical since Ayatollah Ali Khamenei and his family were killed in February. After decades of isolation, even relatively moderate Iranian leaders seem confused by how decisions are made in the West. (There is a widespread belief in Tehran, for example, that the United States government controls Israel.) But overall, people who have spoken to decision-makers in Iran say there is consensus there that more war is bad for everyone and a deal is worth making.
One group that hasn’t been consulted so far is the global population — the hundreds of millions of people who will be killed along with their children if Trump is pushed by Netanyahu into launching a nuclear strike next week. Now would be the time for them to speak up.
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BREAKING: US embassy in Moscow releases an alert that there is credible intelligence for a mass casualty event in Moscow at the Tsaritsyno Museum Reserve.
What…
BREAKING: J. Patrick Stewart, Master of Shakespeare, ‘Star Trek’ and More, Has Died nytimes.com/2026/10/29/arts/…
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Energy Department lab fire sparks nuclear scare after 'radiological release' at SC facility trib.al/de4H2jQ
This is 255 seconds of the US President speaking in explicitly homoerotic terms—including simulated fellatio and ass-grabbing—about a candidate for Senate.
It’s difficult to watch—like a car accident. Try and read it.
“I said, wait a minute. You got to be kidding. He's like, very quiet. And I never really looked at him because it's never been my thing to look at men, but I like men, but I've never been particularly attracted. Sorry.
And what I do is I call like, I'm going to call Ken up, say a couple of words and he'll say a couple of words. So I called John up and again, John Gruden just, in fact, he said something that was amazing because he's such a fine man.
John used that is as the Senator, but he's running for reelection against a real sleazebag who got thrown out years ago, defeated by Bernie Marino, who's a great Senator, but he was defeated. So he was thrown and now he's running again against John. And I called John up, but John Gruden said one thing that got me and I couldn't believe it because you know, it's such a high quality person.
He said in the football games, he would rip people's heads off when he tackled them. He was so tough. He would just, I said, was he the best? He said he was the best player on the team. And that's why I'm here. I was surprised to see him. I said, what do you do there? I'm here to be with my teammate.
John Husted. He said, yeah, he was the best. He was an all American. And a few people understood that when I started talking about him, guy shot. He was an all American, sir. And so, but he was, he's a humble guy. So he didn't talk about it. So I brought him up and he started speaking. Thank you very much. Very much. And you know, he said a few words and I was standing right here and I'm studying him because John Gruden is a great coach.
One of the best said that this guy's one of the best players he's ever been associated with. Best player on a championship team, all America. And I never knew he even played football. So I'm studying him.
And I made the mistake of saying that I started off by studying his ass. I just want to say.
And then I looked at his feet and they were massive. Then I looked at his hands, see these hands.
He's a nice head. They're fine. He had fingers like sausages. I looked at his hands. I said, look at it guys.
And then I patted him on the shoulder. I said, great job, John. He said a few words. I said, great job. And I hurt my hand. It was like I was hitting steel, but I made the mistake of studying his anatomy and explaining it to the audience and the audience loved it. By the way, he went up 12 points that day.
He went from being down to being up. Maybe I should do that with Ken Paxton, but I'm not sure your body is going to qualify. I'm going to do it with Ken. No, but I would say so what happens is so John leaves. I told us everybody had fun, you know, but the people appreciate it because they didn't know. A lot of them didn't know. 95% didn't know.
And the fake news did it to me. They only covered the ass part.
They said, they said, this is news cable freaks. And I think ABC fake news, one of the worst. And they said, what the hell was Trump doing talking about a man's anatomy? What, what's his problem? What's why is he doing this?
And I explained it. He was talking about his ass and his feet. What was he doing? You know what I was in and they know, but they actually had me and they'd only say I studied his ass after that.
It was to see where the power came from because he was a violent tackler anyway, but they did it to me beautifully. That's no different than walking into walls and saying, Oh, my wife said, Oh my, are you okay, darling? So no, they're fake news. That's why I came up with that term.
That was my term. We have a lot of good terms. I could give you a lot of them. Pocahontas.”
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It’s sad. There used to be good replies and back and forth interactions on here. There are probably a few factors that drove everyone to QTing instead. But one of them is the explosion of AI reply bots, seriously degrading the status of replies. A kind of Gresham’s Law at play.
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ALERT: Several countries including Japan, UK, Switzerland, and Germany, have recently urged citizens to stockpile emergency supplies amid war, disasters and cyber attack fears.
Readers added context they thought people might want to know
Japan's announcement focuses on natural disaster prep for quakes ahead of new agency launch; Switzerland's advice is longstanding with no matching recent urging; UK's Be Ready campaign covers cyber/hostile threats among risks.
ibtimes.co.uk/japan-househol…
theguardian.com/politics/2026/…
bwl.admin.ch/en/we-advise-e…
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Ex-FBI official weeps as she appears in court to face charges of lying to Congress about Hunter Biden laptop trib.al/BCiKhFp
The leaders of Finland and Norway call Russian President Vladimir Putin to urge him to end the war in Ukraine, breaking with a longstanding practice among Western European leaders of shunning direct contact with the Kremlin. nbcnews.com/world/russia/lea…
























