Interest Rates

SPX Macro & Strategy

Fed Holds At 3.75% To 4.00% With Two Votes To Hike: Headline CPI Is 3.7%, But Core Is 2.6%

The Fed held at 3.75% to 4.00% with two votes to hike. Headline CPI is 3.7% on energy while core is 2.6%, and futures price a December hike at above 80%.

core CPI Federal Reserve (SPX) FOMC

Nov 1, 2026 · 9 min read

HOOD Financial Services

Robinhood (HOOD): Event Contracts Filled Crypto's $145M Hole, But GAAP EPS Fell 16%

Revenue grew 12% to a record $1.42B, but GAAP EPS fell 16%. Event contracts replaced crypto, the tax rate doubled, and Q4 costs are guided 15% to 26% higher.

Cryptocurrency Earnings Quality EBITDA

Oct 28, 2026 · 11 min read

O Special Situations

Realty Income’s 671 Consecutive Monthly Dividends And A 235bps Acquisition Spread Make The Rate-Sensitivity Label Wrong (O)

Realty Income is deploying capital at a 235bps spread over its 4.75% borrowing cost — the widest in five years — while 671 consecutive monthly dividends, AFFO growing 6.6% YoY, and a private capital platform with Apollo and GIC are being completely ignored by the ‘rate-sensitive REIT’ label.

Apollo Asset Management Dividends

Jul 10, 2026 · 8 min read