The Kobayashi Maru Scenario

Key Events This Holiday-Shortened Week: PCE, Durables, Consumer Confidence And Fed Speakers SSDD: with stocks set to hit new record highs, the hope this morning once again is that the days may be numbered for the war in Iran, with momentum building since the start of the weekend that a deal could be in the works. Brent, which ended last week at $103.54/bbl, is this morning trading at $97.87/bbl, around -5.48% lower than Friday’s close. However, Brent had got as low as $96.02 late yesterday before news overnight that US and...

Iran Threatens "Complete And Utter Annihilation" Of OpenAI's $30BN Stargate Data Center In Abu Dhabi In a move that may well have been sponsored by Dario Amodei or Elon Musk, Iran's Islamic Revolutionary Guard Corps (IRGC) issued a clear public warning to the US that any damage inflicted on Iran’s power infrastructure will be met with decisive retaliation. Specifically, IRGC spokesperson Brigadier General Ebrahim Zolfaghari threatened the “complete and utter annihilation” of U.S. and Israeli facilities, with Stargate's $30 billion "hidden" AI datacenter in Abu Dhabi singled out as a...

US Southern Command (SOUTHCOM) announced on February 13 that its forces bombed a small boat in the Caribbean Sea, marking the fourth US strike this year against small vessels allegedly running drugs in the waters of Latin America. The command didn’t offer any evidence to back up its claim that the boat was running drugs, […]