US Intelligence Community Assessed That Massive US Attack 'Unlikely' To Oust Iranian Regime: WaPo

Trump Talk & 'Thucydides Trap' Threat Triggers Market Mayhem Overnight Traders are waking this morning in the US to some relative market mayhem and questioning what came first - the oil spike or the geopolitical angst - to trigger these moves as it appears the market finally remembered there's more going on in the world than trading 'short compute' demand to the moon... Oil prices are up significantly (WTI >$100)... Bond yields are breaking out everywhere (30Y UST 5.10%!, 30Y Gilt 5.82% - highest sine 1982)... Equity markets sharply lower overnight (Kospi -6%,...

Meta Faces Unprecedented Legal Reckoning Over Youth Mental Health As Massive Multistate Trial Begins Meta Platforms is facing a critical juncture in its battle over youth online safety. Just weeks after suffering a massive legal defeat in New Mexico, the parent company of Facebook and Instagram is now defending itself in a California federal court against a bipartisan coalition of 29 states. The states say Meta deliberately designed its platforms to addict children and harvested their data in violation of federal law. The California Showdown A sweeping multistate trial opens Tuesday in...

Turkey is preparing for the possibility of an influx of refugees from Iran, Bloomberg has reported, as the US is preparing to launch a potential attack on the Islamic Republic, which could spark a full-blown regional war. Bloomberg’s sources said that officials in Ankara have updated their contingency plans to prepare for large numbers of […]