The Ideological Impregnation of Thought

Kicking The Can On A Ceasefire "Which Does Not Solve Anything" Bas van Geffen, Senior Macro Strategist at Rabobank Both Bloomberg and Axios report that the US and Iran have reached a tentative deal to extend the ceasefire by 60 days as they engage in further negotiations over Iran’s nuclear programme. However, Tasnim reported that the text of the memorandum of understanding had not been finalized. US Vice President Vance said that the two sides are still “going back and forth on a couple of language points,” which reportedly includes the wording on...

Average 7Y Auction Stops On The Screws As Foreign Demand Slides After a solid 2Y auction and a subpar 5Y auction earlier this week, moments ago we got the week's final Treasury issuance when the US auctioned off $44BN in 7Y paper in a perfectly average sale. Starting at the top, the bond priced at a high yield  of 4.260%, down modestly from 4.290% last month and in the middle of a range established in late-2023 after which the 7Y has traded between 3.50% and 5%. The auction also priced...

Resident Floats Surefire Way Of Getting Potholes And Trash Cleaned Up In Shithole LA... Authored by Steve Watson via Modernity.news, Los Angeles residents have had enough of living in a crumbling, graffiti-covered wasteland where basic services have collapsed under years of Democrat mismanagement. In a display of pure ingenuity, citizens are fighting back by tagging over blighted areas with "Vote Pratt," betting that Mayor Karen Bass will rush to erase any sign of support for her political rival far faster than she addresses the endless decay. This clever workaround shines a harsh light...