Iran Names Interim Successor To Khamenei Under 2nd Day Of Massive Bombs, Trump Demands Regime Change

"Threat Against American Interests": US Halts Michoacán Avocado Inspections, Putting Critical Supplies At Risk The US suspended avocado inspections in Mexico's Michoacán state after the US Embassy cited a "threat against American interests." Because Michoacán is Mexico's largest avocado-producing region and a top supplier to the US market, any prolonged suspension risks disrupting imports and driving supermarket prices sharply higher. Michoacán Gov. Alfredo Ramírez Bedolla said on social media that the temporary halt to inspections was intended to safeguard workers following recent arrests linked to extortion, according to AP News. Michoacán supplies...

The Weak Dollar Narrative Authored by Lance Roberts via RealInvestmentAdvice.com, We have spent a lot of time over the last year debunking “narratives,” which are dangerous to investors, as “narratives” create a rationalization for overpaying for assets. Nonetheless, Wall Street loves a simple story and is happy to jump on a trend with momentum, selling products to unwitting consumers. A good example of that lately has been the “weak dollar” narrative, which has pushed investors to chase foreign assets. The negative correlation between a weak dollar and rising international stock exposure appears to be a free return. Unsurprisingly, the...

"Bitcoin Is Capital": Saylor's Strategy Says May Sell Up To $1.25 Billion Crypto To Fund Dividends Authored by Micah Zimmerman via BitcoinMagazine.com, Strategy Inc. (Nasdaq: MSTR), the world’s largest bitcoin treasury company, announced a sweeping capital management overhaul earlier today, introducing what it calls a Digital Credit Capital Framework. The announcement sent MSTR shares up 6% in pre-market trading and pushed bitcoin above $60,000. The framework has five parts: a board-approved USD reserve policy, a dividend rate increase on one class of preferred stock, a $1 billion buyback program for digital credit securities, a $1 billion buyback...