ELIZA BLEU AND THE PERPETUAL TRAUMA MACHINE—PART 2

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...

Key Events This Holiday-Shortened Week: Payrolls, PMI, ISM, Retail Sales And Fed Speech Looking at the week ahead, we should start to learn about the economic consequences of the conflict, as several data releases for March are out which cover the period since the strikes began on February 28. In the US, that includes the monthly jobs report on Friday - which falls on a Holday when stocks are closed, while bonds are open for half a day -  where economists expect nonfarm payrolls to have risen by +60k in March. As...

Israeli shelling and airstrikes hit targets across Gaza on Wednesday as the IDF continues its attacks despite the US-backed ceasefire deal and formation of President Trump’s so-called “Board of Peace.” According to the Palestinian news agency WAFA, at least one Palestinian was killed in the attacks, 27-year-old Akram Hassan al-Arjani, who was hit by Israeli […]