Sotomayor Blames Colleagues For Flood Of Emergency Appeals

A day after Iran said that it had broken off talks with the US over Israeli ceasefire violations in Lebanon, President Donald Trump claimed that negotiations were continuing.  “Fake News Reports that the Islamic Republic of Iran, and the U.S.A., stopped speaking a few days ago are false and erroneous,” Trump wrote on Truth Social […]

'US-Iran Deal Is Near' Narrative Returns, But Tehran Refuses To Surrender Hormuz Leverage After having heard the same line many, many times before - and yet with no result (instead, more often the opposite of sliding into further conflict and escalation) - Pakistan’s Ministry of Foreign Affairs on Friday welcomed the "progress" made between the United States and Iran in indirect negotiations. CNN and other mainstream outlets are reporting on this "hint" that an interim deal taking shape (again). But given the pattern and track record of such reporting, which has consistently...

SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds SpaceX has slipped below its much-hyped $135 IPO price, and down 40% from the all time high hit during the June 15th gamma squeeze when the stock surged above $220 if ovenright trading, an "inevitable outcome" according to Bloomberg, which lends some validation to the skepticism surrounding "a valuation that always relied more on imagination than observable fundamentals." Wall Street’s price target estimates spanned from roughly $60 to $800 (from Raymond James), a forecast that was 5x...