CASHMAN: ELIZA BLEU AND THE PERPETUAL TRAUMA MACHINE—PART 1

Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone Authored by Daniel Lacalle, The market consensus reaction to the Supreme Court ruling on the Liberation Day tariffs exaggerates the negatives and ignores the options of the Trump administration. Markets are overreacting to headlines about a $175–200 billion tariff refund financial hole. However, the Supreme Court ruling opens a long, narrow, and manageable process, not an imminent fiscal crisis. In the days after the Supreme Court struck down the Trump Liberation Day tariffs, many sell-side analysts turned a complex legal...

Israeli forces killed at least 12 Palestinians in Gaza on Sunday, according to the enclave’s rescue agency, as the IDF continues killing Palestinians in the Strip despite the US-backed ceasefire deal. Gaza’s Civil Defense said that one Israeli strike hit a tent sheltering displaced Palestinians in Jabalia, northern Gaza, killing at least five people. Another […]

US Southern Command on Tuesday announced that its forces launched three separate strikes on alleged drug-running boats in the waters of Latin America the night before, blowing up three small vessels and killing at least 11 people. The command said that two of the boats were targeted in the Eastern Pacific Ocean, where eight people […]