Will the Dollar be a Casualty of the Iran War?

Futures Flat Ahead Of Fed, Mag 7 Earnings Avalanche S&P futures are flat with Nasdaq outperforming ahead of a huge day for tech. Alphabet, Amazon, Meta and Microsoft, representing nearly 20% of S&P market cap, report after the close, with traders focused on capex. The group has a combined options implied move of more than $750 billion of market cap in either direction. As of 8:00am ET, S&P futures are unchanged; Nasdaq futures rise 0.3% amid dip buying following strong results from Seagate, after the index slipped more than 1% in...

Scientists Reveal Time Travel Could Work Authored by Steve Watson via Modernity.news, Researchers have proposed a theoretical approach that could allow messages to be sent into the past using principles from quantum mechanics. Indeed, it could be happening right now already! The concept does not enable physical travel through time but focuses on information transfer through causal loops at the quantum scale. The work, accepted for publication in Physical Review Letters, builds on ideas from general relativity and quantum entanglement.  A technique inspired by the film Interstellar suggests a new way of communicating backwards in time, but it...

March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops We titled our nonfarm payroll preview post "a substantial bounce" and boy were we right: with consensus expecting a material rebound from February's negative print (which was revised as usual worse, from -92K to -133K), what the BLS reported instead was a huge beat to expectations of a 65K increase, with March jobs reportedly rising by 178K, the biggest increase since December 2024. The number was driven entirely by a surge in private workers...