Ilhan Omar: Hey, Um, As It Turns Out, I'm Not Actually A Multimillionaire After All

The 'Leading UK Scientists' Letter Urging Abandonment Of North Sea Is Ideology Masquerading As Science Authored by Tilak Doshi via Tilak’s Substack, The Financial Times reported on Good Friday that “more than 65 leading UK scientists” had signed an open letter, published as a Google Doc, urging the Government to abandon new North Sea oil and gas drilling in favour of renewables. “Here is the scientific establishment speaking with one voice,” the FT tells us, warning against the supposed folly of extracting what remains of Britain’s hydrocarbon resources and to choose renewables that, according to the scientist-signatories, provide...

Last months the Trump administration was loudly claiming that Iran had lost control of the Strait of Hormuz. Some ‘experts’ even claimed that the flow of oil was back at a pre-war level. Both of those claims were not true but short term blimps within volatile data. Attacks on ships passing through the Strait have […]

Futures Jump As Chipmakers Surge After Japan , Korea Bounce US stock futures are higher led by Tech after a strong bounce in chip stocks in Japan (memory stock Kioxia traded limit up after trading limit down on Friday and Monday was a holiday) and Korea, as evidence mounts that Momentum / Semis pullback have bottomed, with supportive price action elsewhere in Asia and Europe, though the JPM EU Trading Desk is not yet seeing follow-through buying in Semis.  As of 7:20am ET, S&P futures are 0.5% higher, lagging the...