Escalated Israeli Invasion Feared as Minster Calls for Annexation of Southern Lebanon

Deja Vu All Over Again: Futures Surge, Oil Tumbles On Iran Deal Optimism, Tech Rally US equity futures are up big this morning and making fresh all time highs, led by tech companies, while oil prices and bond yields fell sharply on optimism that the US and Iran are nearing a peace deal. As of 8:00am Nasdaq 100 futures jumped 1.7% while those for the S&P 500 gained 1%, with both gauges set to build on record highs. Iran is evaluating a new proposal from the US to end their near 10-week war, according to an Axios...

President Donald Trump said that if Iran declines his latest proposal to end the war, the US will break the ceasefire and restart the bombing.  “Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective […]

The US Dollar: From Exceptional To Average? Authored by Eva Sun-Wai via BondVigilantes.com, The dollar’s slide last year looks less like a sudden break and more like the culmination of pressures that have been gathering for a while. The fading of US exceptionalism has sat quietly in the background, and once the narrative started to normalise, the cracks became clearer: softer growth expectations, slower capital inflows, and valuations that had been leaning heavily on the idea that the US could keep outperforming indefinitely. The currency came into the year heavily owned...