Equally worrisome, at this fraught moment, are the EU’s efforts to start World War Three with Russia...

REAR VIEW: Qatar, Iran, Pakistan, & US speak of good progress in talks in Switzerland despite weekend tensions; US Treasury issues Iran general license to sell oil; Iranian reports reject Vance claim that Iran will allow return of IAEA inspectors to Iran; Iraq asked operators of five major oil fields to boost output to pre-war levels; Qatar said Ras Laffan incident hasn't impacted exports; UK PM Starmer resigns; ECB's Lagarde more dovish than usual.

DT120, a psychedelic that activates serotonin receptors, was generally well tolerated, with mostly mild side effects occurring on dosing day and no serious safety concerns.

Semis are trading at dot-com bubble extremes. That's either a warning... …or exactly what the early stages of a much bigger bubble should look like. 1995 or 2000?

...the curious case of 'credibility'...

Own the tollbooth...

The rates market is pricing calm. The most important part of the equity market is not.

Here’s the setup most investors are underrating right now... Over the next two weeks, the tape will trade on plumbing rather than fundamentals...

Zelensky seeks to bring the war to Russia...

The case is part of the second phase of Operation Nightingale, a multi-state law enforcement action launched in January 2023...

Goldman cut its 12-month US recession risk estimate further from 25% to the long-term norm of 15%. (and below the 20% estimate on the eve of the war). And while GS sees stronger macro supporting equities, AI valuations are becoming harder to justify after recent rally.

Trump accused the newspaper of downplaying the military and economic damage inflicted on Iran and said the article would be added to his $15 billion lawsuit.

Shorter premierships mean shorter policy horizons, less confidence in long-term reform and greater sensitivity around fiscal events.

"New leader will be in place before Parliament returns in September, I will remain in post until the contest is complete."

“I've been black for my entire life. I had to bring up the most racist thing I've ever heard [which] is the insinuation by Democrats that black and brown Americans are too stupid to get an ID to vote, just like everybody else.”

We now have a combustible brew, the likes of which haven't been seen since the time when guillotines were still used to dispense mob justice.

“The guy that tried to get on the plane yesterday had direct ties to the IRGC...”