Chinese consumption probably expanded far slower than the pace of industry in April, as trade remained the bright spot despite the global reverberations from the Iran war.

Unprecedented strikes on highly protected Moscow refinery...

The Breathitt County School District still plans to take Meta Platforms, which owns Facebook and Instagram, to trial next month.

Jay Clayton who runs the SDNY said he was concerned how firms value private assets, and that “people should know that the financial regulators and the department are looking at those.”

"When the data doesn’t cooperate, just change the data."

Israelis jolted in middle of night with 'apocalyptic' scene on horizon, fearing Iranian attack.

Retail is slowing down on the semi-trade, just as institutions, including hedge funds, are treating it as a “must-have” position.

XLF relative performance now worse than GFC and COVID lows.

3.5 months later, Axios is catching up to our reporting. 

If the normal flow of oil and gas does not resume soon, inventories could be depleted in coming weeks and oil prices could surge through $150/bbl. That outcome likely means broad supply chain disruptions and a global recession.

The state has two monopolies it must protect whatever the cost: the monopoly on decreeing what is legal tender and on force...

"...the timing of this disruption further compounds the issue, with the gasoline-heavy summer driving season (May through August) quickly approaching.”

We are bearish on the assumption that this market leadership will remain durable for another 12 to 18 months without a meaningful reset...

65% of U.S. households can’t afford a new median-priced home...

Doubles down on conspiracy claims, ignoring skyrocketing crime stats under his watch...

"Have seen 100+ person lines for Swatch stores with people camping over 24 hours in London, Zurich, New York, Singapore, Bangkok and Osaka." 

...western European governments are the problem – They started the conflict, they continue to perpetuate the conflict, and they tend to cry victim when they suffer any consequences for it.