Israeli Artillery Strike Kills Two UNIFIL Peacekeepers in Southern Lebanon

Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran Tl;dr: Rates on hold as expected with a hawkish tilt to 'uncertainty' around the Iran war clouding the outlook. The Dot-Plot showed no real change (7 on hold, 12 at least 1 cut in 2026) but inflation expectations surged in the SEP. *  *  * A lot - and we mean a lot - has happened since the last FOMC meeting (Jan 28th). Oil is up 54% since the last FOMC meeting, bitcoin has tumbled. Gold and stocks are also...

Waste Of The Day: Seattle's Homelessness Fiasco Authored by Jeremy Portnoy via RealClear Politics, Topline: The homelessness agency in King County, Wash., has a $45 million deficit, but auditors can’t fully figure out why, according to a state audit publicly released this April. Its accounting records are so poor that it’s impossible to track where portions of its money are being spent. Key facts: The King County Regional Homelessness Authority helps run shelters and outreach to the homeless population in 39 cities. It’s funded jointly by the county and the City of Seattle. Financial...

Democrats Will Try Not To Act Like Children During Trump's State Of The Union Address President Donald Trump will deliver his State of the Union address on Tuesday evening, and according to reports, many seats will be empty. Earlier this month, House Minority Leader Hakeem Jeffries gave his caucus its marching orders in a closed-door meeting: sit in the chamber with "silent defiance" or don’t attend.  "The two options that are in front of us in our House is to either attend with silent defiance or to not attend, and send a...