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Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative
Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative
The number of Americans filing for unemployment benefits for the first time was flat from the prior week at 210.5k (215k exp). Simply put, these numbers are hovering near their lowest levels since 1969...
Source: Bloomberg
Continuing claims also printed below expectations at 1.819 million Americans. This is the lowest level since May 2024...
Source: Bloomberg
Finally, as a reminder, sentiment surveys suggest the labor market is bifurcated with 'jobs hard to get' but joblessness not surging...
Source: Bloomberg
That chart reinforces the 'no...
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Mar 28, 2026 / Tyler Durden
Russia Warns Situation At Bushehr Nuclear Plant Deteriorating After 3rd Airstrike In Ten Days
Russia Warns Situation At Bushehr Nuclear Plant Deteriorating After 3rd Airstrike In Ten Days
On Friday Iran informed the International Atomic Energy Agency that Bushehr nuclear power plant was struck by US-Israeli attacks for the third time since the start of the war.
At the same time, the head of Russia's state nuclear corporation Rosatom has confirmed that the situation continues to deteriorate; however, there's as yet been no damage to the operating reactor and no release of radiation reported. It was the third strike in just ten days.
The Kremlin has newly accused...
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Feb 28, 2026 / Tyler Durden
Defiant Iranian FM Says Regime Change Will Be 'Mission Impossible'
Defiant Iranian FM Says Regime Change Will Be 'Mission Impossible'
There have been more US and Israeli strikes on Tehran into the afternoon and evening hours local time, suggesting that the aerial operation will be sustained, at least for the time being.
There have been rumors flying all day that Ayatollah Ali Khamenei has been killed, which Iranian officials have firmly denied. Many analysts believe that full regime change in Iran cannot happen unless there are US forces on the ground, and this prospect would be immensely unpopular among the American...
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Apr 8, 2026 / Tyler Durden
First Two Ships Pass Through Strait Of Hormuz Since Ceasefire As Iran Demands Payment In Crypto
First Two Ships Pass Through Strait Of Hormuz Since Ceasefire As Iran Demands Payment In Crypto
Last night we reported that no less than 800 ships were still trapped in the immediate aftermath of the US-Iran ceasefire agreement, unsure what the fine print of the deal meant for transits. This morning we are down to ~798, after the first two cargo vessels have crossed the Strait of Hormuz since the ceasefire, according to ship tracking data.
The Liberia-flagged Daytona Beach, destined for the United Arab Emirates, crossed just before 8am UK time, while...
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