Economy & Finance

Cash Is King, Dowd Sees $10,000 Gold As The Credit Market “Is Starting To End The Party” Via Greg Hunter’s USAWatchdog.com, Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned at the end of January that the “Credit Destruction Cycle” was showing up in something called private credit.  Dowd was worried about extreme risk in […]

March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops We titled our nonfarm payroll preview post “a substantial bounce” and boy were we right: with consensus expecting a material rebound from February’s negative print (which was revised as usual worse, from -92K to -133K), what the BLS

Trump Says ‘A Little More Time’ Needed To Open Hormuz, ‘Take The Oil & Make A Fortune’ – As Israel Hit Hard During Passover Summary Trump: US needs “a little more time” to reopen the Strait of Hormuz, while floating the prospect of seizing oil amid potential island or ground campaign Iran and Hezbollah fire

US Futures Drop Ahead Of Payrolls With Most Markets Closed US equity futures dipped ahead of today’s payrolls report in a holiday-shortened session, with most cash markets including US stocks closed globally for Good Friday. Sifma, the US financial markets trade association, recommended trading of dollar-denominated bonds during US hours only and a 12pm New

Iran Attacks Kuwaiti Desalination Plant, Bringing Gulf Water Supplies Into Focus Just three days into Operation Epic Fury, we pointed out what may be the more consequential second-order risk, arguably even more important than the risk of data centers getting bombed (identified a month earlier): Are desalination plants the next targets in the U.S.-Iran war?

Abu Dhabi Halts Operations At Main Gas Plant After “Falling Debris” From Iranian Strike Operations at Habshan, the UAE’s massive onshore gas-processing hub operated by ADNOC Gas in Abu Dhabi, were halted on Friday after local authorities said a fire broke out at the facility due to “falling debris” from a “successful interception by air

Liberal Council In UK Moves To Ban “Intimidating” National Flags Authored by Steve Watson via Modernity.news, In the latest salvo against British identity, a Liberal Democrat-run council has formally branded the simple act of flying the England flag an “act of intimidation and division” – and backed it up with a legal notice threatening residents

Germany’s Economy Minister Urges Nuclear Rethink As Energy Prices Surge, Growth Forecasts Slide Germany’s Economy Minister Katherina Reiche has openly called for a fundamental reassessment of the country’s long-standing rejection of nuclear power, warning that heavy dependence on gas has left Europe’s largest economy dangerously exposed to repeated energy shocks. Speaking at the launch of

Foreigners Commit Nearly Half Of All Rapes In Austria, Syrians Largest Foreign Group Of Suspects Via Remix News, The number of rape suspects in Austria has more than doubled since 2015, with foreign nationals — and Syrians in particular — driving a disproportionate share of the increase. In addition, foreigners nare now responsible for nearly

Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe Via Middle East Eye Iraq has restarted overland oil exports through Syria, marking a significant shift in regional energy logistics as the US-Israeli war on Iran continues to wreak havoc on traditional shipping routes through the Strait of Hormuz. Ali Nazar, director general of Iraq’s state oil marketer Somo, said on