Futures, Global Markets Tumble As Oil Soars Amid Fears Of Lenghty Energy Crisis

Core US Factory Orders Better Than Expected In December While sentiment is sagging to multi-year lows, 'hard' data is helping support growth forecasts (GDPNOW) and holding stocks at record highs. This morning we get a fresh glimpse at America's manufacturing segment - hard data - with Orders data (which is expected to drop MoM in December). After surging higher in November (+2.7% MoM), analysts expected US Factory Orders to drop 0.6% MoM in December but the actual print disappointed, dropping 0.7% MoM Source: Bloomberg Interestingly, Core Factory Orders rose 0.4% MoM - better than...

White House Press Secretary Karoline Leavitt said on Wednesday that the US launched the war with Iran because President Trump had a “feeling” that Iranian forces were going to attack first. Leavitt made the comments when pressed on the claims that there was an “imminent threat” facing the US that justified the joint US-Israeli attack […]

"It's Not Going To End Well For Them": Susan Rice Joins Call For Revenge Purge After Democrats Re-Take Power Authored by Jonathan Turley, As Democrats plan for the possible takeover in the midterms and 2028 election, they are already openly discussing their push for radical changes in our political system, including packing the Supreme Court to guarantee that those changes are allowed. Many are also pledging trials, impeachments, and investigations of anyone who supported President Donald Trump in a purging of politics and government. The latest to join the revenge purge pledge is Susan Rice,...