Tuesday Watch

Around X:

• @Business 

• China’s factory activity extended its decline into a sixth month, the longest slump since 2019, as the economy descends into a slowdown after a growth spurt to start the year.
• Shell CEO Wael Sawan says the number of new liquefied natural gas projects moving forward was surprising given their high costs, underscoring the fuel’s long-term role in the global energy transition. 
• Boeing has started working on a next-generation single-aisle aircraft that could eventually replace the 737 Max, the Wall Street Journal reports.
• Breaking: Trump imposes a 10% tariff on softwood timber and lumber, and a 25% levy on kitchen cabinets. 
• Wholesale electricity costs as much as 267% more than it did five years ago in areas near data centers. That’s being passed on to customers. 
• Get up to speed on what's moving global markets.
• Here's what you need to know to start your day. 

• @ZeroHedge    

• "Let Your Rage Fuel You": Politicians And Pundits Embrace Rage Politics.
• Dark-Money NGO Network Pressures Democrats To Shut Government Down.
• Robinhood should be investigated for confirmed discrimination against conservative Americans. @AAGDhillon I hope you won't allow this to happen. @Anc_Aesthetics.
• The Left's Political Playbook: Projection And Deflection.
• "This phenomenon is unusual and indicative of chase on up days and unwind of hedges on down Days" (GS).
• Agriculture Secretary Announces Update As Flesh-Eating Screwworm Comes Within 70 Miles Of US Border.
• US "Looking At" Selling Tomahawk Missiles To Ukraine, JD Vance Says.
• *VANCE: THINK WE'RE HEADED FOR SHUTDOWN BECAUSE OF DEMOCRATS.  
• The Big Lebowski Civil War.
• Stocks Go Nowhere Ahead Of Government Shutdown As Gold Soars To Record.

• @CNBC

• Asia-Pacific markets set to open higher; Reserve Bank of Australia decision in spotlight.
• Hedge funds are increasingly moving like stocks markets — and that could cause problems.
• Tuesday's big stock stories: What’s likely to move the market in the next trading session.
• Stock futures are little changed as investors look to end month on an upbeat note: Live updates.

• @MarioNawful

• REP LUNA: SOROS IS BIG, BUT THE REAL MONEY TRAIL LEADS TO CHINA. "What we do know for a fact is that these left-wing organizations are receiving foreign funding ties. George Soros is a big fish. But when we’re talking about these targeted ICE riots, people tied to the Salt Lake City Queer Group, which is being investigated for the assassination of Charlie Kirk, are involved. Look no further than an individual by the name of Neville Singham. We have already written to the Treasury Secretary to freeze his assets. Chairman Comer and I also wrote to the DOJ to charge him with a FARA violation, because we know for a fact he’s receiving his money from Beijing, China. He’s hiding out there, not responding to Congress." (video)

• @NickSortor

• BREAKING: After meeting with Schumer and Jeffries, JD Vance says he believes there WILL be a government shutdown, as Democrats demand "free" healthcare for illegals NO FREE HEALTHCARE FOR ILLEGALS! DO NOT BUDGE, 47! VANCE: "They're basically saying to the American people, 'we want to give HUNDREDS OF BILLIONS of dollars, to illegal aliens for their health care, while Americans are struggling to pay their health care bills".

• @LauraLoomer

• Democrats are using the @actblue platform to plan and fundraise for another radical left and violent nationwide “NoKings” protest scheduled for October 18th. During the last No Kings protest, attendees were seen waving HAMAS and ANTIFA flags while chanting 86-47. Many Luigi Mangione fan girls showed up as well. When is the GOP going to hold Act Blue accountable for funding and organizing acts of political violence? Act Blue should be shut down. They are financing all of these radical leftists who engage in acts of domestic terrorism. 
• I’ve been saying for years it’s time for the ADL to be stripped of their 501c3 status and for them to be designated as a domestic terror org. They have been making “hate lists” for years targeting people as “extremists” for simply disagreeing with them. I speak from personal experience because they have done it to me as well. @JGreenblattADL is a product of Barack Hussein Obama and it’s time for him and his group to be shut down. 
• Can anyone do their actual job? It’s just so insane to me nobody in the GOP wants to talk about the facts. We have had 2 weeks straight of every Republican pretending like they are Billy Graham, but none of these Republicans want to actually do their job and defund the left. Are we just going to sit around and read the Bible and sing Kumbaya, or are we going to defund the radical left AND USE OUR POWER? Someone has to say it. Can we please use our power and actually defund the radical left instead of just talking about how evil political violence is? Let’s start with the IRS and the very blatant violation of 501c3 rules by these radical left groups.

• @newstart_2024 

• Dr. Naomi Wolf: "The centerpiece of the Pfizer papers is an intentional attack on human sexuality, and especially on women and babies." "They killed the babies and they knew it, they poisoned the breast milk and they knew it, they damaged the placentas and they knew it, they lowered the sperm count and they knew it, they have a chart of the babies they're injuring, they have a chart of the women's menstrual cycles that they're disrupting. They concluded that babies were dying in utero due to maternal exposure to the vaccine." "And this is the document that went to Dr. Walensky and then she gave a press conference saying you've got to get a COVID vaccine before, during or after your pregnancy. So this is satanic, right? This is satanic on a massive level." (video)
• For decades, Alex Jones has sounded the alarm on a chilling reality most dismissed as science fiction: the use of immortal human cell lines. Now, that reality is on your dinner plate and in your medicine cabinet. They told you it was "seafood" and "beef." It is not. It is Henrietta Lacks and a host of other immortalized cells, now being cultivated as "salmon" in labs and served in restaurants under deceptive names like "Wild Grown." The semantic trick is the weapon: calling a dagger "Life" as it's plunged into your heart. This is not an isolated horror. The same cabal that unleashed experimental mRNA technology now pushes "food" grown from immortal cell lines, betting on public ignorance and compliance. (video)

• EricLDaugh

• BREAKING: Congressman Eric Swalwell announces he will TARGET and INVESTIGATE private citizens who work with President Trump "when" Democrats win in 2026. "Accountability is COMING. It's all coming out. I hope this deters people from doing more of these deals for the president!" "We will subpoena the DOJ, but also private actors who've done these drug deals with the administration!" So they are just announcing their plans to weaponize government now. (video)
• BREAKING: Nicole Shanahan is now AGGRESSIVELY pushing to place voter ID on the California ballot in 2026. This is TERRIFYING Democrats as they rely on political power derived from cheating. Get it on the ballot. 874K signatures needed. (video)

• @Libsoftiktok

• ADL on Antifa: They’re not really normally violent or extreme. ADL on TPUSA: They’re an extremist hate group. (pic)

• @Liz_Churchill10

• “Men are coming all across Europe into the U.K. because of Climate Change…” -Communist Dictator Starmer. We warned you years ago that the COVID SCAM was going to become the CLIMATE SCAM. (video)

• @ShadowofEzra

• Candace Owens claims Tyler Robinson’s family believes the FBI-released images show someone else entirely, not Tyler. They also reject the idea that he was involved in Charlie Kirk’s death. The family believes Tyler’s apartment was staged to frame him following his arrest. (video)

• @JackPosobiec

• Barack Obama’s best friend Jay-Z runs the Super Bowl selection process through his company Roc Nation which has an exclusive contract with the NFL. This is who chooses the halftime show, the most-watched musical performance in America.

• @LibertyLockPod

• In under 20 days he has gone on TV to deny assassinating Charlie Kirk and now he's denying that he controls the president of the United States. Regardless of your opinion as to the veracity of these denials, this is an incredible time to be alive. (video)

• @TheIntelSCIF

• Did Charlie's SECURITY really just take a picture of him after the shot on the ground while he took his last breaths? The security individual in black for TPUSA shown was, in fact, confirmed wearing Ray Ban Smart glasses. Was this confirmation of some sort or for "someone?" (video)

• @HustleBitch_

• PROFILE SCRUBBED IMMEDIATELY AFTER CANDACE QUESTIONS HIM. WATCH THIS CLOSELY. Candace Owens pressed the nephew of former Utah State Rep Phil Lyman after he posted videos and photos retracing the killer’s steps in Charlie Kirk’s assassination. Moments later his entire profile goes private. Here are the photos and videos he scrubbed from the public eye. What did he reveal that couldn’t stay public? (video)
• TYLER ROBINSON SPEAKS IN 2ND COURT APPEARANCE. Judge: “Do we have Mr. Robinson present?” Tyler Robinson: “Yes, your honor.” The state prosecutor declares: “There is a substantial amount of discovery in this case. It is voluminous to say the least.” His public defender responds: “Massive amounts of digital discovery…and it is not our intent to waive a preliminary hearing in this matter.” Prosecutors also raised the gag order slapped down by Judge Tony Graf, a ruling that muzzles everyone tied to Charlie Kirk’s assassination from talking to the press. When a case already has “massive” discovery…and now they’re silencing every voice that could leak what’s inside…what does that tell you? (video)
• THEY’RE ERASING EVERY TRACE. “Ohhh no! They are taking out the whole platform where he was sitting.” First everything under Charlie’s tent. Now even the walkway ceiling from the stage to the SUV. Not just the grass, nearly everything has been demolished and rebuilt with fresh materials, including the exact ground where Charlie Kirk was shot and killed. The earth ripped out. Dust flying. New concrete pavers laid. Power washers blasting. Ceilings torn open. Fresh stucco applied. They’re remodeling it like a backyard patio, not preserving a federal crime scene after a political assassination. They didn’t clean it. They erased it. How do you rebuild an assassination site while the investigation is still underway? (video)

• @WallStreetApes

• NEW: European Union announces all Americans visiting nearly 30 countries, almost all in the EU, will be required to surrender finger prints, biometric data and your photograph which will be stored by their government. They are now mandating Americans surrender Digital ID data. (video)
• Candace Owens discovered Turning Point was burning through much more money than they should’ve been and Charlie Kirk wanted to know where the money was going. He sent out a memo to staff saying they would be doing an audit It was sent out September 2nd. 8 days before his murder “There arrived a moment when Charlie felt that the money was disappearing — the excuses that he was being given for the money disappearing wasn't adding up for Charlie” “The company was burning through cash too quickly and Charlie set about finding out why and how this was happening. So on September 2nd, which is, of course, just one week before he lost his life, Charlie surprised the company by announcing that he was putting together a DOGE Department — Really kind of a nice way of saying, We're gonna conduct an audit” “This was an internal memo that went out, signed off by Charlie on September 2nd”. (video)

• @robbystarbuck

• Roger Goodell and the @NFL just decided to make the Super Bowl political by picking Bad Bunny as the 2026 Super Bowl music act. The guy literally says he isn’t touring the US because of Trump’s ICE raids and just released a video mocking President Trump. Also, most of his songs aren’t even in English. This is not a pick designed to unite football fans or let people just enjoy the show. It was a pick designed to divide fans and no doubt Bad Bunny will find some way to push a woke message. Are NFL owners in on this idiocy or are they just culturally that disconnected from reality and how Roger uses the NFL to push left wing social issues? (pic)

• @wideawake_media

• A flawless three minute summary of the real agenda behind digital ID. "Instead of having separate documents like your driver's license, passport... and bank accounts... everything is tied to a centralised profile. It's your new key to life." "And look, that sounds convenient, but... once that system becomes a single gateway, it connects you to everything that you rely on." "If your digital ID becomes frozen, then you're effectively locked out of the entire system." "It'll be tied to your healthcare... your transport... utilities like power and water... supermarkets and retailers where you buy your food... online social media platforms where you post your thoughts." "So when that personal digital ID is active, life works for you. But when it's paused, flagged or suspended, everything stops." "If you don't comply with the new vaccine mandate, bang. No flights, no bus, no car... no food." "Criticise the government online, bang. Your bank account... just got completely locked." "Question their climate policy, bang. Your power is throttled, your lights go out." (video)

• @RealLindelTV

• EXCLUSIVE with Peter Ticktin: “Todd Blanche is blocking Trump's agenda at DOJ”. Peter Ticktin, former attorney for President Trump, breaks his silence, accusing President Trump’s current legal advisor Todd Blanche of intentionally stalling pardons, blocking access to whistleblowers, and suppressing justice for J6ers and election integrity fighters like Tina Peters. “Everything that needs to move forward for Trump’s presidency is being intentionally blocked by Todd Blanche… and it’s not because he’s incapable. It’s because he’s doing the opposite of what President Trump ordered.” (video)

• @realMaalouf

• Christians are being massacred, and their women kidnapped, raped, and forcibly converted daily in Nigeria. This year, more Christians have been killed in Nigeria than Palestinians in Gaza. And yet, not a single protest for them!

Night Trading 

• Asian equity indices are -.25% to +.75% on average. 
• Asia Ex-Japan Investment Grade CDS Index 65.0 -.5 basis point.
• China Sovereign CDS 38.0 +.5 basis point.
• China Iron Ore Spot 103.2 USD/Metric Tonne +.05%. 
• Swiss Franc/Offshore Chinese Renminbi Cross 8.95 +.01%.
• Bloomberg Emerging Markets Currency Index 36.4 -.02%.
• Bloomberg Global Risk-On/Risk Off Index 84.0 -.6%.
• US 10-Year Yield 4.14% +1.0 basis point.
• Volatility Index(VIX) futures 17.8 +.3%.
• Euro Stoxx 50 futures -.14%. 
• S&P 500 futures -.06%. 
• NASDAQ 100 futures -.07%.

Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, weighed boosted by technology and consumer discretionary shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed.  The Portfolio is 75% net long heading into the day.