PODCAST: Why This Recession is Different

Futures, Global Markets Rise With US Markets Closed For President's Day Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US...

Ford Carrier Group Enters Mediterranean To Join Biggest US Build-Up Since 2003 Iraq War Open source monitors as well as US and Middle East media have confirmed that the USS Gerald R. Ford, the world’s largest aircraft carrier, has entered the Mediterranean Sea, having sailed passed the Strait of Gibraltar on Friday. This is the second carrier strike group expected to soon operate directly in the CENTCOM area of responsibility, amid the massive military build-up and pressure campaign against Iran. It was sent from the Caribbean earlier this month, extending its planned...

It appears the main topic of discussion at Wednesday’s meeting between Donald Trump and Bibi Netanyahu was Iran’s ballistic missile program. It really was not a discussion… Instead it was Bibi, with his advisers, trying to sell Trump and his team on the necessity of ending Iran’s ballistic missile capability. Why the emphasis on those […]