ASell the rumor, buy the news — that seems to be the mood tonight, Bill.
BAnd the rumor mill today had a lot to sell. Black Monday chatter was everywhere.
AThen the futures opened. S&P up two-tenths, Nasdaq up two-tenths, Dow up a tenth. Tom Skey posted the numbers.
BOil's actually down a touch. WTI down a bit, Brent down a bit.
ASo all that screaming about a crash at the weekend ... and then the market opens green.
BIt happens every time. People work themselves into a frenzy on a Saturday, and the futures market just shrugs.
AMaybe they should look at Friday first. The Dow did fall 652 points. Kalshi Finance had the recap.
BYeah, and that's the day that matters. Almost three out of four S&P stocks ended red, reportedly, but that's an unconfirmed figure. Same with the Dow number.
AFair. But the point stands: Friday was ugly, and the weekend panic looked even uglier.
BAnd you know what? I think that's healthy. If everyone's shouting Black Monday and nothing happens, fear is at a peak. That's usually not the worst setup.
ASo you're saying panic is bullish?
BI'm saying extremes in sentiment tend to reverse. Not a prediction, and not advice. History.
AMeanwhile, a Beijing AI startup is doing something genuinely unusual — removing hacking knowledge from its own model.
BMoonshot AI. They pulled cyberattack training data right out of the new Kimi model before releasing it.
ANot because it didn't work. Because it worked too well. The report says their internal cyber score dropped from ninety point five percent to eighty-one.
BA company choosing to make its own product less dangerous. That's a story.
AAnd it tells you how real the AI cyber threat is. A private lab in Beijing is worried enough to neuter its own model.
BThink about that. They're not doing it for PR. They're doing it because the capability is so scary.
APolymarket posted it first and the market reaction was ... muted. No big trade on it.
BBecause it's a one-off. One company does the right thing. The other ten labs won't.
AThat's the real argument. Is self-censorship a solution, or just a pause button?
BI say it's a pause button. The research is out there. Another team will pick it up.
ASo you wish Moonshot had kept its cyber score at ninety percent?
BNo! I wish they'd never built the capability in the first place. But they did. Now saying 'we removed it' doesn't make the capability disappear from the world!
AIt doesn't. But it's better than open-sourcing a turnkey hacking tool.
BAlright, I'll give them credit. It's a responsible move. I just don't think it changes the arms race.
ASpeaking of things that changed hands... you saw the Zerohedge post?
BTrump says the US will 'take care of Cuba' after Iran. That's the whole post. No article link we could verify, no details.
AIt's a headline grabbing for air. But the fine print is missing.
BAnd that's the thing about Saturday nights. You get a lot of half-finished stories.
AHere's another one, on the energy side. Unusual Whales posted about an Alaska gas venture called Polar LNG.
BExecutives left, supposedly after raising concerns about hidden Russian financing. They say The New York Times and Financial Times are on it.
AWe couldn't find the original reporting. It's a claim, not a confirmed fact.
BBut — and it's a big but — if true, it's a story about sanctioned Russian money trying to get into US LNG via the back door.
AExactly. It would matter for US energy independence and sanctions enforcement. But right now, unverified.
BReady to get properly angry? Some people on Bluesky think the President is personally wrecking the economy.
AOne account, Khashoggi's Ghost, wrote Trump's 'stupid war' is causing poverty everywhere. No specifics.
BAnother, Professa Murray, says we're in an oil war while paying wind farms to close. That one has some specific claims, but they're not backed up.
AThat's fine as opinion. We're a talk show. But when an opinion says 'where are we supposed to get energy' — I want to answer that.
BThen answer it.
AFrom the US. We're the world's largest oil producer. If the wind farms close, the grid runs on natural gas and coal. Not nothing.
BWhich is a much better argument than 'megalomaniac Dune Worm God.'
AI'll give that account style points for the imagery, though.
BBut that's the genre: strong feelings, weak facts. It's fine to be angry. Just don't confuse a tweet with a balance sheet.
AAnd on that note, the UK economy might be saved by ... Warhammer.
BSomebody on Bluesky suggested Games Workshop should reprint the complete Horus Heresy omnibuses to save the UK economy.
AYou know what? I'll take that over a fistfight about the Federal Reserve.
BIt's a joke, but it's the kind of joke that has a tiny point. Print money from nerds.
AGames Workshop is actually a weird little engine. Those reprints sell out in seconds.
BAnd they're produced in Nottingham. Real British industry.
AFor the record, we are not recommending you buy plastic space marines.
BSpeak for yourself. I've still got a garage full of unassembled Orks.
AOf course you do.
BBut look, that about sums up the weekend mood. Futures green, oil a bit lower, one AI lab doing the right thing, and a lot of noise.
AMoney Tonight is next. They'll have the full rundown and the actual moves on Monday.
BUntil then, try to enjoy the weekend. The market will still be there on Monday morning.