Money versus Monetary Policy

Russia Evacuates Hundreds Of Its Specialists From Iran's Nuclear Bushehr Complex After Missile Strike Russia has lodged formal protest with Israel following its reported strikes near Iran's Bushehr nuclear facility, angrily warning that the attacks directly endangered Russian personnel on the ground. Israeli and Russian media have confirmed that Moscow issued a sharp condemnation and warnings of a red line after Israeli forces reportedly hit the grounds of the nuclear power plant where Russian specialists are stationed. The International Atomic Energy Agency (IAEA) had also earlier provided independent verification that a missile...

Nvidia Smashes Estimates With Record Revenue And Blowout Guidance; Stock Jumps Heading into NVDA's earnings, we said that all else equal, the bare minimum for the stock - which has underperformed peers rather dramatically in recent months - to outperform, was to (solidly) beat expectations of another 2+2 quarter, i.e., beat the guide by $2BN and beat Street expectations for the April quarter guide by $2BN.  What they got was a blowout 2.2+5: Q4 revenues beating by $2.2BN and guidance beating the midpoint by about $5BN Here are the details from the just...