Nothing but chaos.
...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.
Speculation abounds over the precise cause...
...urging Americans to dial back personal attacks on judges and to show respect for the judiciary.
Things got spicy...
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...
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...
"Washington now needs its principal strategic competitor to help it manage a crisis of its own making."
"Imagine a sports bar… but just for situation monitoring - live X feeds, flight radar, Bloomberg..." And ZeroHedge...
Fixing all this doesn't scale. What scales is the spread of uncontrollably harmful consequences...
The Fed will keep rates on hold, with investors focusing on how many dissent, descriptions of the economy and risks related to war...
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.
...is Trump following this six-point plan to combat energy price spikes?
“New attacks bring the attention back to the physical supply reality of the war - curtailments in energy tighten every day,”
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...
'Red lines': Moscow lodges angry formal protest with Israel...
This led core manufacturing orders to rise 1.39% YoY - the highest since July...
Public apathy grows: Only 45% care ‘a lot,’ Google searches crash 84%, Oscars outpace conflict...






































