Core US Factory Orders Better Than Expected In December

President Donald Trump said that the “new” President of Iran had accepted a ceasefire with the US. Tehran quickly denied Trump’s statement. “Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!” the President posted on his Trump Social account on […]

Iraq’s Popular Mobilization Forces (PMF) said on Tuesday that US airstrikes in Anbar, western Iraq, killed 15 of its fighters, including a senior commander. Iraqi media reported that Iraqi Prime Minister “In a blatant and cowardly attack, the commander of the Anbar Operations in the Popular Mobilization Forces, Saad Dua al-Bayji, was martyred along with a group […]

"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three attempts at unilateral de-escalation (5-day delay, 'ceasefire' proposal, 10-day delay) met with even more supply as the apparent 'Trump Put' or 'TACO' trade is losing its power. Simply put,...