Binance Hack Highlights Insider Cybersecurity Risks

Today - a market wrap after another big downdraft in AI names and even the broader market this time, as Amazon and Intel results sent chills and on the fear and loathing on the risks of the Iran War resuming in force. But most of all, a very long form take on the US mid-term elections next Tuesday, with thoughts on what could be at stake for both markets and US politics, not to mention the longer term outlook and important durable themes. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Links

• The slide deck for the US mid-terms.
• Specific US mid-term elections where the issue of data centers is in play.
• The SCMP on US tipping culture gone out of control - also whether it is a part of the creeping cost of living problem in the US and whether it is getting picked up in official measures of inflation. I have noticed this on travels back to the US in recent years - very annoying. Shouldn't businesses pay their workers a living wage rather than harassing customers?
• Thoughtful Saxo Market Call podcast listener Mat Casey sent in his own vibe check of the American voter, especially on the issue of AI in his travels across America.
• Michael McNair ponders whether the Binance hack could have been due to an employee compromised by blackmail linked to AI hacking tools. In other words, nasty operators can gain access to the corporate and other systems by hacking individuals' lives to use their online activity to blackmail them into surrendering their credentials.

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