Oil Slides After Iran, EU Discuss Strait Of Hormuz; Tehran Retaliates Against Saudis For Earlier US-Israel Strikes

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Nothing but chaos. 


Time To Look At The Fat-Tails On Both Sides: Goldman Warns Market Is 'Not Fully Pricing In Any Scenario'

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...it’s no longer about reducing net-leverage but probably de-grossing as not even your winners save you if we need to rewrite (for a short amount of time until things resolve) global power markets. 


US Carrier Pulling Back From Iran Operations To Crete Port After Suffering Fire

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Speculation abounds over the precise cause...


John Roberts Calls For Restraint After Years Of Judicial Overreach

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...urging Americans to dial back personal attacks on judges and to show respect for the judiciary.


Gabbard Showdown: DNI Scrubs "Obliterated" Iran Nuke Line from Testimony, Dodges Imminent Threat Question

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Things got spicy...


Saudi Arabia Has Already Revived More Than Half Its Oil Exports Via Hormuz Bypass

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Shipments from Yanbu have averaged about 4.19 million barrels a day over the past five days, a significant share of the roughly 7mm bls/day the kingdom was exporting in before the war...


Worried About Downside Scenarios? These Are Goldman's Top Credit Hedges For A Prolonged Shock

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Despite the ongoing conflict (resulting elevated oil prices and tighter financial conditions), most risk asset markets have (so far) not priced in much durable additional risk premium...


Some Gulf States Egg On US Iran Strikes As EU, Russia, China Demand Ceasefire - Beijing Ignores Trump's Hormuz Plea

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"Washington now needs its principal strategic competitor to help it manage a crisis of its own making."


Polymarket's New DC 'Situation Room' Bar Lets Patrons Sip Old Fashioneds And Monitor WW3 Headlines

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"Imagine a sports bar… but just for situation monitoring - live X feeds, flight radar, Bloomberg..." And ZeroHedge... 


Why AI Malware (And Harmful Second-Order Effects) Are Out Of Control

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Fixing all this doesn't scale. What scales is the spread of uncontrollably harmful consequences...


"Hormuz Hold'em": FOMC Preview - The Fed's Playbook Is Hold Or Cut, Not Hike

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The Fed will keep rates on hold, with investors focusing on how many dissent, descriptions of the economy and risks related to war...


Gold Is Not A Hedge — It’s A Crowded Trade

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Gold is doing something it shouldn’t be doing right now…

No One (?)

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We are seeing deliberate intervention in upstream commodity supply chains so the instigator would get low prices for them and the other bloc would pay much more.


U.S. Waives Jones Act After Iran Gas Field Attack

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...is Trump following this six-point plan to combat energy price spikes?

 


US Crude Stockpile Hits Highest Since June 2024, Exports Surge

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“New attacks bring the attention back to the physical supply reality of the war - curtailments in energy tighten every day,”


Did Trump Doom The SAVE America Act?

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Recent polling makes one thing abundantly clear: the American people are firmly behind election integrity, and the SAVE America Act is right in line with where voters already are...


Russia Evacuates Hundreds Of Its Specialists From Iran's Nuclear Bushehr Complex After Missile Strike

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'Red lines': Moscow lodges angry formal protest with Israel...


US Core Manufacturing Orders Up For 3rd Straight Month In January

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This led core manufacturing orders to rise 1.39% YoY - the highest since July...


What Has The Iran War Done To Trump's Approval Rating?

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Public apathy grows: Only 45% care ‘a lot,’ Google searches crash 84%, Oscars outpace conflict...


Europe Is Getting Hit From All Sides — And The Euro Is Cracking

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Europe is getting hit from all sides. Energy shock. Weak growth. No policy room.