Israeli Officials Say Attack on Iran’s Pars Gas Field Was Coordinated With the US

Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble After the Manufacturing ISM print earlier this week came modestly stronger than expected (albeit with the Prices Paid component spiking and sending 10Y yields higher), some were expecting a similar improvement in today's Services ISM print. What they got instead, was a blowout number, and one suggesting that whatever weakness the US economy was in for much of the latter part of 2025, is now over. At 10:00am ET, the ISM Services print came out at 56.1,...

On this episode of Power and Market, we feel compelled to discuss this week's State of the Union speech.

As the Trump administration continues to grapple with the fallout from the betrayal of its core campaign promise to abandon the cycle of endless wars in the Middle East that have marred U.S. history since the dawn of the new millennium, the American public isn’t the only target of the barrage of propaganda it has […]