Mexican Resort Towns Burn As Special Forces Kill Jalisco New Generation Cartel Boss "El Mencho"

Iran Believes It Can Outlast US Based On 'Munitions, Markets, & Midterms'; Trump 'Not Open' To Tehran's Latest Proposal As 'Tank Tops' Loom Summary Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). First crude-laden Japanese tanker from Saudi port exits Hormuz Strait successfully without Iranian interference. Iranian analyst describes that Tehran believes it can outlast Trump & the standoff with US in Hormuz, citing "munitions, markets, and the midterms." Will Donald Trump announce that the United States blockade of the Strait...

With Private Credit We See The Credit Cycle Hasn't Been Repealed Authored by Jay Rogers via RealClearMarkets.com, Something cracked in private credit this month, and the men who manage systemic risk for a living are saying so. Goldman Sachs CEO David Solomon's just-released 2025 annual shareholder letter warns that concerns about private credit - including "underwriting quality or exposure to software companies that may be negatively affected by AI" - are "a reminder that the credit cycle has not been repealed." His predecessor Lloyd Blankfein went further on Bloomberg's Big Take...

What Would Be Truly Bullish? Actually Fixing What's Broken Authored by Charles Hugh Smith via Of Two Minds, We've come to an interesting juncture in history, interesting because while we're being assured that AI will solve all problems, including any it creates, back in the real world, AI is incapable of fixing what's broken because too many people are getting rich off the status quo, and since the status quo is the problem, those who own / control AI will use it to maintain the status quo, guaranteeing that what's broken...