Israeli Defense Minister Threatens to Take Lebanese Territory If Hezbollah Doesn’t Halt Attacks

Futures Rise, Oil Drops On Report Of Ceasefire Push US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light trading after the Easter holiday, reversing an earlier loss of as much as 0.8%, but also off session highs. Nasdaq futures tose 0.4% with all Mag...

Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era Submitted by Thomas Kolbe, A shock for the insured members of the Versorgungswerk Zahnärzte Berlin-Brandenburg (VZB). According to a report this week by Bloomberg, losses at the private pension fund total €1.1 billion. Roughly 50 percent of its invested capital has effectively been wiped out—channeled into private loans to non-listed companies, including rPlanet Earth in California, a shrimp farm in northern Germany, and, repeatedly featured on the investment menus of German pension funds, U.S. commercial real...

Trump Says 'A Little More Time' Needed To Open Hormuz, 'Take The Oil & Make A Fortune' - As Israel Hit Hard During Passover Summary Trump: US needs "a little more time" to reopen the Strait of Hormuz, while floating the prospect of seizing oil amid potential island or ground campaign Iran and Hezbollah fire 140+ rockets during Jewish Passover, with sustained barrages hitting Israel French-owned vessel becomes first Western-linked/European ship to transit Hormuz since war began, signaling a tentative thaw after weeks of near-total shipping freeze Iran targets Gulf infrastructure, including a Kuwaiti...