PODCAST: Why This Recession is Different

Trump Cites Progress In Dealing With 'More Reasonable Regime' - While Mulling Ground Operation To Seize Uranium Summary Iran rejects 'excessive, illogical' US demands while Trump mentions 'progress' with a 'more reasonable regime'. Trump again threatens to destroy Iran energy sites and Kharg Island. White House seriously considering ground operation to seize Iran's enriched uranium stockpile but also wants Tehran to negotiate handing it over willingly. Bazan oil refinery in Israel's northern city of Haifa is on fire after a second apparent Iranian missile strike of the war. Iran accuses Israel of more 'false flags' - after Kuwait...

"Civic Action Requires More Than Textbooks": Chicago To Subsidize May Day Protests By Teachers Authored by Jonathan Turley, The Chicago Public Schools are facing a major truancy problem…among teachers. The Chicago Teachers Union (CTU) was up in arms over suggestions that classes should be held on May 1 when teachers wanted to be out protesting. Called International Workers’ Day, May Day is a global day of protest for socialist, communist, and unionist groups. The CTU was upset when parents objected that canceling a day of class for teachers to join a political protest...

Futures Unchanged Just Shy Of All Time High On Peace Hopes, Solid Earnings US equity futures are flat following yesterday’s rally as market awaits news on the Iran war resolution and as we traverse earnings season. As of 8:15am ET, S&P 500 futures are little changed after the benchmark closed within a whisker of a record. Risk sentiment took a small knock in recent trade after Iran cautioned that it will not allow shipments to or from the Gulf if the US blockade remain.Nasdaq futures are fractionally in the green, and set...