Sunday: RAGE Against the War Machine in San Francisco

Munich Security Conference A 'Circus' - Iran Says After Exiled Shah's Son Invited The Munich Security Conference, once regarded as a heavyweight diplomatic forum, has devolved into a spectacle that favors "performance over substance," Iranian Foreign Minister Abbas Araghchi complained after his country was snubbed. Organizers barred senior Iranian officials from attending this year's gathering after deadly protests and unrest shook the country last month, threatening the stability of the Islamic Republic. Tehran has lashed out: "Sad to see the usually serious Munich Security Conference turned into the ‘Munich Circus’ when it...

Key Events This Week: CPI, PCE, ADP, Durable Goods And More With the Fed in their self-imposed blackout period, the economic data will get a chance to do the talking ahead of the March 18th FOMC meeting. Of particular note will be the inflation data, namely Wednesday’s CPI report for February and Friday’s core PCE reading for January, but there will also be some scattered labor market data to help put context around last Friday’s disappointing February employment report. Of course, all of that assumes that traders can be dragged...

Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment Update (Friday):  Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year. FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...