Iran FM: "We need to see the conditions & the agenda first."

"...I fear losing my dignity more than I fear losing my life. Something you coward losers will never understand. So fuck off."

"We want to end the war and we are ready..."

...driven by surging Services costs (not tariff'd Goods).

“We advise against overdoing the Warsh hawkish trade across asset markets, and even see some risk of a whipsaw. We see Warsh as a pragmatist, not an ideological hawk in the tradition of the independent conservative central banker.”

"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. "

"Nvidia treated DeepSeek accordingly - as a legitimate commercial partner..." 

White House touting huge win for Panama's taxpayers & for America...

They may be proven right: after all, Warsh “never lets you down,” in President Trump’s own words...

DHS will receive funding for two weeks...

...but European investors seem unperturbed (and clearly not offended enough to start selling US assets)...

Silver: Parabolic + Thin Liquidity + Vol Panic = Tears

US President Trump says he will announce his Fed pick on Friday. Reports suggest the administration is leaning towards Warsh.

Hearkens back to infamous Riyadh Ritz-Carlton purge amid cash crunch...

This is what a broken feedback loop looks like in gold.

... the decision to move the clock forward... reflects escalating threats from nuclear weapons, accelerating climate change and the potential misuse of emerging technologies...

What we are witnessing is the reaction of the economy to ever-rising energy costs and higher input prices, which - made visible through the inflation index - are passed on to customers and artificially inflate the headline figures...

"Going to be a lot of zeros"