Collateral Damage By Molly Schwartz, Cross-ASset Macro Strategist at Rabobank Negotiations between the US and Iran are going nowhere. In fact, they’re not really even happening at all. Over the weekend, Axios reported that Iran gave the US a proposal to reopen the Strait — not to end the war. The proposal includes extending the ceasefire and […]
Conference Board Confidence Unexpectedly Jumps To Highest In 2026 Despite war (and rising gas prices) now fully embedded in respondents’ minds, it is perhaps surprising that The Conference Board’s Consumer Confidence rose considerably more than expected to 92.8 in April (89.0 exp) from an upwardly revised 92.2. Present Situation dipped very modestly from 124.1 to
Conference Board Confidence Unexpectedly Jumps To Highest In 2026 Read More »
‘Quality Learing Center’ And 20 Other Somali-Linked Businesses Raided By FBI, Homeland Security In Minnesota Federal agents from the FBI and Homeland Security Investigations (HSI) executed court-authorized search warrants at more than 20 locations across the Minneapolis area early Tuesday morning, targeting businesses primarily linked to the Somali-American community as part of an ongoing criminal
Chaos, Black Rain, Evacuations: Tuapse Oil Facility Struck For Third Time This Month Rosneft’s sprawling oil refinery in southern port town of Tuapse has been struck by Ukrainian drones once again, unleashing a huge fire and significant destruction, in what marks the third such attack just this month. “Another serious incident has occurred in Tuapse. A large-scale
Chaos, Black Rain, Evacuations: Tuapse Oil Facility Struck For Third Time This Month Read More »
US Home Prices Dipped In February For First Time Since June 2025 For the first time since June 2025, US home prices (in the largest 20 cities) fell in February (by 0.05% MoM) according to the latest (admittedly lagging and smoothed) Case-Shiller data. The decline comes after prices surged into the turn of year and
US Home Prices Dipped In February For First Time Since June 2025 Read More »
Trump, First Lady Demand Jimmy Kimmel Be Fired Over ‘Widow’ Joke Days Before Assassination Attempt President Donald Trump and First Lady Melania Trump sharply escalated their long-running feud with late-night comedian Jimmy Kimmel on Monday, publicly demanding that the ABC host be immediately fired by Disney and the network over a joke he made days
Iran Believes It Can Outlast US Based On ‘Munitions, Markets, & Midterms’; Trump ‘Not Open’ To Tehran’s Latest Proposal As ‘Tank Tops’ Loom Summary Trump doesn’t appear open to Iran’s proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). First crude-laden Japanese tanker from Saudi port exits
First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers Just days after the UAE publicly signaled liquidity concerns by requesting swap lines from the Federal Reserve to ease pressures on the country’s banks, major Gulf oil producer, the UAE, has decided to exit the oil cartel – an unexpected development that
Futures Tumble On AI Spending Fears As Brent Hits 2 Week High US equity futures are lower, dragged by tech, following a report that OpenAI missed revenue and user targets and there growing internal pushback against Sam Altman’s notorious aggressive spending (the company has $1.5 trillion in commitment it won’t be able to meet), which
Futures Tumble On AI Spending Fears As Brent Hits 2 Week High Read More »
The Dollar’s Funeral Keeps Getting Rescheduled Authored by Lance Roberts via RealInvestmentAdvice.com, 💰 The Dollar’s Funeral Nobody Attended Open any finance corner of social media this week, and you will be hit with some version of the same obituary. ZeroHedge declared in December that the dollar’s death in 2026 is now a mainstream talking point, citing a WIRED piece arguing
The Dollar’s Funeral Keeps Getting Rescheduled Read More »
