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Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong
Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong
Futures are lower but well off session lows, as overnight headlines induced another bout of aggressive choppiness: those headlines include strikes on Iranian gas facilities, Saudi and UAE considering entering the war, Iranian lawmaker ruling out US negotiations, and then reports of Iran / Egypt discussions on the region pointing toward mediation.As of 8:00am ET, S&P futures were down 0.2%, but moves are staggered jittery and extremely illiquid, and swung earlier between gains and losses. Nasdaq futures are down...
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Mar 6, 2026 / Tyler Durden
What If The Automatic Stock Buying Just...Stops?
What If The Automatic Stock Buying Just...Stops?
Submitted by QTR's Fringe Finance
My readers know that for the last couple of years I’ve repeatedly warned about the “passive bid” in markets. By that I mean the constant, automatic buying of stocks driven by retirement plans, ETFs, and other systematic investment programs.
This bid isn’t discretionary. It doesn’t ask whether valuations are reasonable and it doesn’t care whether earnings justify prices. It simply asks one question: did money flow in? If the answer is yes, it buys. It buys regardless of valuation, regardless of...
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Jun 3, 2026 / Dave DeCamp
Ukrainian Drones Target St. Petersburg on First Day of Economic Forum as Part of Major Drone Attack
Ukrainian drones targeted the Russian city of St. Petersburg on the first day of an annual international economic forum in the city as Ukrainian forces launched a major drone attack across several Russian regions, a day after massive Russian strikes across Ukraine. The Russian Defense Ministry said that its forces shot down a total of […]
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May 11, 2026 / Tyler Durden
California Mayor Indicted, Will Plead Guilty To Being CCP Agent
California Mayor Indicted, Will Plead Guilty To Being CCP Agent
In a significant development announced today by the U.S. Department of Justice, Arcadia, California Mayor Eileen Wang has been charged with one count of acting in the United States as an illegal agent of a foreign government - the People’s Republic of China (PRC). Wang, 58, has agreed to plead guilty to the felony, which carries a maximum sentence of 10 years in federal prison. She resigned from her position as mayor and Arcadia City Council member this afternoon following the...
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