Economy & Finance

Master And Commander-In-Chief By Benjamin Picton, senior market strategist at Rabobank April – 2026. The IRGC is master of the Strait of Hormuz. Only the American fleet stands before them. Oceans are now battlefields. Financial markets are back in a risk-off mood today following news over the weekend that US-Iran peace talks ended without agreement […]

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh the former with a modest 0.7% MoM decline (after January’s plunged – weather? – and February’s modest rebound). The analysts under-estimated the fear from

Congress Returns From Recess – Here’s What’s On Its To-Do List Authored by Joseph Lord via The Epoch Times, Lawmakers will return to Capitol Hill this week with a long to-do list as the Department of Homeland Security (DHS) remains in a partial shutdown. Ending that shutdown—which as of April 13 reached its 58th day—will be

Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years Goldman Sachs reported its highest quarterly profit in five years, as the bank’s equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however

Gunfire Strikes Sam Altman’s San Francisco Home Days After Molotov Cocktail Attack Just two days after a Molotov cocktail was hurled at OpenAI CEO Sam Altman’s Russian Hill residence in San Francisco, another violent episode unfolded at the same address. Early Sunday morning, April 12, 2026, San Francisco police responded to reports of possible shots

Netanyahu Says Iran Ceasefire Could End At Any Moment, Backs Trump’s Blockade – Tehran Blasts ‘Piracy’ Summary Iran’s military says the planned US blockade on Gulf ports will be an “illegal” act tantamount to “piracy” as Trump is also weighing limited strikes on Iran. US military is to enforce the blockade in the Gulf of

Futures Slide But Off Session Lows As Oil Spikes Above $100 Ahead Of Trump’s 10am Hormuz Blockade Stock futures are lower, but off their worst levels of the session, as Brent crude surged 7% to over $102 after Trump ordered a blockade of the Strait of Hormuz to take place at 10am ET. The moves look relatively contained given

Will Quantum-Safe Cryptography Slow Ethereum Down? The Performance Tradeoff Explained… Authored by Dilip Kumar Patairya via CoinTelegraph.com, The quantum threat: Real, but not immediate Ethereum relies on cryptographic systems that remain secure against classical computers. However, sufficiently advanced quantum machines could one day break these systems, potentially exposing private keys and putting billions of dollars

Key Aluminum Spread In London Hits Biggest Backwardation Since 2007 Aluminum futures in London surged to a four-year high on Monday as President Trump’s Strait of Hormuz blockade, set to take effect this morning, threatened to deepen supply chain disruptions across the Gulf region. On top of that, the Gulf’s largest aluminum producer declared force

Trump Reportedly Planning Mass Pardons Of Administration Officials Before Leaving Office Donald Trump has reportedly promised to pardon virtually his entire White House staff before leaving office, and the radius keeps growing. What started as a quip about anyone within 10 feet of the Oval Office has ballooned into something considerably more sweeping.  “I’ll pardon