Tit-For-Tat Gulf Attacks Spark Energy Market Chaos; Trump Distances US From Israeli Actions, Macron Urges Direct Talks

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"I hope that, in any case, everyone will return to reason."


Iran's Attack On Qatar's LNG Plant Is Bad; The Math Behind The Global LNG Fleet Is Far Worse

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It about to get really bad for the global LNG market. 


Minesweepers, Missiles, Reactors, And Oil Reserves: Trump Expected To Press Japan During Oval Office Showdown

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Japan also intends to join the "Golden Dome"


Another Depraved Leftist: Many Such Cases...

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Oregon Principal who celebrated Charlie Kirk assassination gets five years for child porn...


US New Home Sales Collapse By Most In 13 Years In January

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...as mortgage rates tumbled?


Escalate To Immolate?

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At what point in this decade might a backdrop of ‘escalate to deescalate’ going to be taken as at least partially endogenous, and ‘escalate to immolate’ as the matching very fat tail risk?


Trump Eyes Boots On The Ground Along Hormuz Shoreline

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There's only one many problems...


Euro, Bunds Slide After ECB Warns Of Stagflation

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The war in the Middle East has made the outlook significantly more uncertain, creating upside risks for inflation and downside risks for economic growth..."


Ukraine Peace Talks Are Suspended, Likely Indefinitely, Thanks To The Iran War

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Perhaps both "secretly relieved to be done with the charade"...


Civil Rights Icon Cesar Chavez's Family, Officials React To Sexual Assault Accusations

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Texas is the first state to cancel its official state holiday honoring Chavez after an investigation into alleged assaults was published...


US Stock Futures, Global Markets Plunge As Energy Prices Explode

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“The mood is clearly risk-off this morning, with markets still digesting a toxic mix of geopolitics and central bank messaging"


'No Hire, No Fire' Economy Rolls On With Jobless Claims Back Near Record Lows

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The number of Americans filing for jobless benefits for the first time fell to just 205k last week...


UK Gilt Yields Explode Higher On Surprise BoE Rate-Hike Threat

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"...monitoring developments extremely closely and stand ready to act..."


WTI-Brent Spread Explodes As Trump Mulls Export Ban; Iran's Attack On Qatar's LNG "Worse Than Nord Stream"

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Choas.


Euro Trapped Between Oil Shock And Hawkish Hope: ECB Cheat Sheet

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The ECB is widely expected to keep the deposit rate at 2%... The real action lies in the updated staff projections...


Private Credit Panic Spreads As Consumer Loan Fund Gates Investors, JPMorgan Pulls Deal, Apollo Sees 20 Cent Recoveries

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We regret to inform you that while you were focusing on the war in Iran, things in private credit got worse... Much worse. 


Fuel Shocks Are An Even Bigger Threat To Risk Assets Than Crude

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The market structure is validating it...


From Grind To Break? The Most Dangerous Market Is The One That Won’t Panic

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The market isn’t crashing. That’s exactly the problem.

US Naval Escort Won't "100% Guarantee" Tanker Safety In Hormuz Chokepoint: Report

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"We are collateral damage in a conflict..." 


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Iran's armed forces said Iran's retaliation against attacks on its energy infrastructure is not yet complete, SNN reported; any repeat of such attacks will lead to a far stronger retaliation against the enemy, enemy infrastructure and that of their allies.