John Mearsheimer Asks: Will Trump Go Kamikaze?

"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War US equity futures are down sharply, along with all global markets, as the Iran war expands and escalates (attack on US embassy in Saudi Arabia; uncertainty over duration of Strait of Hormuz closure; targeting non-military infra / businesses) rattling markets and sending oil and the dollar surging. Global bonds also plunge on fears that Trump’s “whatever it takes” vow on Iran will fuel energy prices and inflation. As of 8:00am ET, S&P futures are down 1.4%, off...

'President Boasberg' Protects Powell, Quashes DOJ 'Pressure Campaign' Subpoena Over Fed Renovation Another day, another activist judge deciding they're the president...  On Friday, chief Judge James Boasberg of the U.S. District Court for the District of Columbia has blocked subpoenas issued by the Trump Justice Department to Federal Reserve Chair Jerome Powell and the Fed Board of Governor Boasberg claims that the subpoenas were served for an improper, pretextual purpose, and that "a mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting...

Iran Says It Busted Up Over 100 'Pro-Monarchist Cells' Working With US, Israel Iranian authorities have newly announced hundreds more arrests across the country, describing that anti-government "pro-monarchy cells" and "traitors" have been exposed and caught.  Tehran officials have touted busting up more than 100 of these alleged cells in 26 of Iran's 31 provinces in a major overnight security operation, describing that these groups were aligned with US and Israeli interests. Security forces from the Intelligence Ministry "have identified and arrested 111 monarchist cells across 26 provinces before they could take action...