Theater of the Absurd in J6 Courtrooms

Jobless Claims Continue To Show No Signs Of Labor Market Stress Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress. Last week saw 212k American file for jobless benefits for the first time (below the 216k expected). Unadjusted claims tumbled to the lowest since September... Source: Bloomberg Michigan and New York saw the largest drop in initial jobless claims last week while Rhode Island and Oklahoma saw the bigger rise in claims... The number of Americans filing for continuing jobless claims also dropped last week...

How Much Of The Gulf's Water Comes From Desalination Plants? Authored by Mohamed A. Hussein, The United States-Israeli war on Iran has exposed the vulnerability of critical water infrastructure in a region that is among the most water-scarce in the world. Last week, Iran’s foreign minister accused the US of striking a desalination plant on Qeshm Island off the coast of Iran in the Strait of Hormuz. The strike reportedly cut off the water supply to 30 villages. Just 24 hours later, Bahrain said an Iranian drone had caused material damage to one of its desalination...

In this time of war and uncertainty, we should expect to see the prices of precious metals rise and fall and the only certainty will be uncertainty.