Shmeasefire

Many Americans are coming around to the view, based on what comes out of President Donald Trump’s mouth and what he writes down on his Truth Social site, that the US Head of State is insane. Larry Johnson is reporting “shocking details of what is going on behind the scene at the White House [where] Donald Trump began exhibiting […]

"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May With US hard data taking a beating (relative to expectations) last week (red line below), analysts remain hopeful that US Manufacturing will hold up (durable goods orders were solid) with this morning's Manufacturing PMIs set to signal stability. The final May S&P Global US Manufacturing rose to 55.1 (down from the 55.3 flash print) but the strongest since April 2022 ISM's Manufacturing PMI survey also signaled improvement, up from 52.7 to 54.0 (better than 53.0 expected). "At first glance, the...

Russia, Ukraine Agree To Breakthrough 32-hour Orthodox Easter Ceasefire In a huge and very positive development, Russia's President Vladimir Putin has announced a 32-hour ceasefire for Orthodox Easter, or Pascha, which is this weekend. Ukraine's President Volodymyr Zelensky has immediately confirmed that Ukraine will honor the holiday truce.  "We proceed on the basis that the Ukrainian side will follow the example of the Russian Federation," the Kremlin then further confirmed in a statement. Pravoslavie.Ru Based on regional media reporting of the rare ceasefire, the pause in fighting will begin at 4pm Moscow time...