The Sy Hersh effect: killing the messenger, ignoring the message

Futures, Gold Jump As Yields Fall Despite Surging Oil As Recession Fears Surpass Inflation Concerns Futures are higher despite continued Iran war escalation which pushed Brent higher by around 2% after Iran-backed Houthi militants in Yemen joining the war on Iran’s said, bouncing from overnight lows which may be driven by positioning, but also by a major shift in the regime with oil now rising instead of falling on higher oil prices as the market pivots to price in not inflation but recession (and look at the spike in gold/bitcoin...

President Trump’s erratic actions have created uncertainty in the gold markets, and just about everywhere else, and there is no end in sight.

Israeli Finance Minister's Son Wounded In Hezbollah Rocket Attack Via The Cradle At least eight Israeli soldiers were injured by Hezbollah rockets near the border with southern Lebanon on Friday, including the son of Finance Minister Bezalel Smotrich, according to Israeli media. The Lebanese resistance targeted Israeli troop gatherings on Friday. A rocket struck a group of soldiers, wounding eight, five of whom are in serious condition, according to Israel’s military. The Givati Brigade soldiers were transported to the hospital for treatment. Smotrich’s office released a statement saying his son was among the wounded...