WTI Steady After Biggest Cushing Crude Build In 3 Years; Imports From Venezuela Highest Since 2019

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp) Source: Bloomberg Among demographic groups, confidence on a six-month moving average basis continued to moderate...

Should Democrats Fear A Supreme Court October Surprise That Could Save The Senate For The GOP? There has been a lot of speculation about potential Supreme Court vacancies this year, mostly centered on Justices Samuel Alito and Clarence Thomas. Even President Donald Trump seems anxious about the possibility. In a recent interview with Fox Business’s Maria Bartiromo, Trump revealed that he has a shortlist of potential Supreme Court nominees ready in the event of a vacancy and signaled he’s prepared to fill multiple seats if the opportunity arises.  "In theory, it's...

Scores of people, including a number of women and children, have been killed over the course of the weekend in southern Lebanon, as Israeli strikes continue to escalate across the region, and numbers from the Lebanese Health Ministry show the overall death toll of the war continuing to spiral, despite reports continuing to present the […]