The Oscars Died Last Weekend...Did Anyone Even Notice?

Trump Posts Article Laying Out: "Here's How To Crush Tehran In Three Moves" President Trump on Thursday posted to Truth Social a New York Post article which was first published over two weeks ago, on May 1st, with the headline "Here's how to crush Tehran in three moves." Trump's new social media post, issued without additional comment, comes just after news of Iranian Supreme Leader Mojtaba Khamenei having drawn a hard line in the sand, ordering that Iran's stockpile of uranium enriched to 60% remain strictly inside Iranian territory. So now the...

The Next Commodity Supercycle Has Already Started Authored by Chris Macintosh via InternationalMan.com, The world rotates between two sectors: technology and energy. You have to turn the lights on or nothing happens. You need both the lights and the energy to power them. No lights, only energy? Nothing. Lights with no energy? Nothing. Essentially you have to innovate or you never progress. Markets tend to rotate between those two broad sectors accordingly. Go back to the height of the energy boom in 2013 and 2014. You couldn’t give Microsoft away. Energy, on the other...

Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars Futures erase an overnight slide, and have resumed their ascent trading near all time highs, despite a hawkish Fed statement but stronger Mag7 earnings. The hawkish Fed followed by a less hawkish press conference, plus the news that Powell is staying on seemingly removing a cut, actually have bond yields lower pre-mkt by 2-4bp as the Dollar weakens on what appears to be BOJ intervention which has sent the USDJPY plunging most since 2022. As of 8:00am ET,...