The Wrath Of Kharg

"Demand Signal Is Real": US Bipartisan Senate Delegation Touts Defense Boom At Farnborough Airshow The Farnborough International Airshow kicked off on Monday and is one of the world's largest aerospace, aviation and defense trade shows. It is held every two years at Farnborough Airport in Hampshire. A Reuters report says that a bipartisan group of nine US senators urged allied European defense giants to expand production, as there is soaring demand for missiles, bombs, drones, and interceptors, and as Congress moves to boost defense spending. "Our message is encouragement to them...

Futures, Bonds Surge On Optimism War May End, Oil Tumbles Below $100 Futures and bonds jump and oil fell, sending Brent briefly below $100 a barrel, as the de-escalation/technical/macro led relief rally continues on hopes of the Middle East conflict reaching an end soon  after Donald Trump said he expects the war in Iran to end in two to three weeks, and indicated that it was possible that Iran could still reach a deal with the US during that timeframe. Trump has a national address tonight at 9pm ET to...

President Trump on Sunday repeated his threat to restart the bombing campaign against Iran if the country doesn’t accept his demands for a deal. The president told Axios reporter Barak Ravid that the “clock is ticking” and that if a deal isn’t reached soon, the Islamic Republic is “going to get hit much harder,” a […]