Recession Signal As Consumers Struggle To Pay Bills

They’re not even trying anymore. US middle east envoy Steve Witkoff told Fox News on Saturday that Iran is “probably a week away” from having the materials necessary to make a nuclear bomb — a line that Iran hawks have been falsely repeating for over three decades. It’s such a transparently bogus claim that even The Jerusalem Post dunked on Witkoff for […]

Market Leadership Is Narrow, Increasing Summer Risk Authored by Lance Roberts via RealInvestmentAdvice.com, 📈Technical Backdrop – Friday Selloff Tests The Tape The S&P 500 closed Friday at 7,408.50, surrendering Thursday’s historic first close above 7,500 with a 1.24% decline. The semiconductor names that powered the rally became the source of Friday’s selling. Intel fell 5%, Micron 4%, AMD 3%, and Nvidia 4.4%. From a purely technical standpoint, Friday’s reversal was the first real distribution day in three weeks and the mean-reversion signal we have been flagging. The deviation numbers are the story. At 7.0% above the...

The extent to which Israeli interests have come to dominate US foreign policy in the Middle East can be measured in terms of its effectiveness if one considers the seven trips to the US made by Israeli Prime Minister Benjamin Netanyahu during President Donald Trump’s first year in office. Bibi received a passionate reception from […]