Wednesday Evening Links

[CNBC] Stock futures are little changed after S&P 500, Dow retreat from record highs: Live updates

[AP] Trump proposes massive increase in 2027 defense spending to $1.5T, citing ‘dangerous times’

[CNBC] Trump says he will not permit dividends and stock buybacks for defense companies

[Yahoo/Bloomberg] World’s Worst Bond Market Faces Another Big Supply Shock

[Bloomberg] Global Bond Sales Hit Record $245 Billion to Kick Off 2026

[Bloomberg] Trump Signs Order Pressing Defense Firms to Cut Buybacks

[Bloomberg] Trump’s Bid to Block Corporate Homebuying Blindsides Wall Street

[Bloomberg] Trump Withdraws US From 31 Bodies in UN, Already in Fiscal Peril

[WSJ] Raising the FDIC Limit Risks Repeating the S&L Crisis

[WSJ] The Pentagon’s Patriot-Missile Realism

[FT] White House moves to ban institutional investors from buying single-family homes

[FT] US seizes Russian tanker in Atlantic

[FT] Donald Trump calls for 50% increase in US defence spending by 2027