Mitch McConnell is back!

Lol...they had to pull him out or the house to vote. 😂

Alright. Now someone explain what the fuck hes been doing for the last 3 months besides not working. Must. Be. Nice.

McConnell back in the fold right as the market’s trying to find its footing—curious if that changes any of the political risk calculus into year-end. Wonder what @thejudgejordan makes of that dynamic.

Macro headlines matter most through transmission channels: rates, FX, commodities and credit. The useful tell is whether cross-asset confirmation broadens after the first move or fades as liquidity normalizes.

A leadership return can shift legislative timing, but markets will care about the coalition it creates—especially around fiscal supply and financial regulation. The volatility comes from the policy path, not the headline alone.

The market’s message is less about the headline and more about transmission: higher energy costs feed into inflation, margins, and real yields. Positioning can stay calm right up until the curve reprices.