‘Not Our War’: US Allies Decline Trump’s Request To Send Ships To Open Strait of Hormuz

"We're At War": Ecuador Deploys 75,000 Troops, Launches Anti-Cartel Missile Strikes; Colombia Warns "We're Being Bombed" On Sunday, Ecuador launched a massive anti-cartel offensive involving 75,000 troops, armored vehicles, and helicopters, with support from the U.S., in what Interior Minister John Reimberg described as a "very strong offensive," according to BBC News. "We're at war," Reimberg said. "Don't take any risks, don't go out, stay home." 35 mil efectivos de @PoliciaEcuador desplegados en Guayas, Los Ríos, Santo Domingo de los Tsáchilas y El Oro. Listos por 🇪🇨. A las mafias: se les...

US Core Durable Goods Orders Surge For 11th Straight Month After recent string 'soft' survey data, this morning we get some 'hard' data and it's mixed...ish... Preliminary headline durable goods orders for February fell 1.4% MoM (worse than the -1.2% MoM exp). That is the third monthly decline in a row (the first 3-month decline since Nov 2019) Source: Bloomberg The monthly decline of the headline print largely reflected a decline in orders for aircraft. Boeing said it received fewer orders for its planes in February than a month earlier. On the other hand, core durable...