Ruben Gallego's Political Career May Be Toast

Israeli strikes continue in southern Lebanon, albeit it at a somewhat slower pace over the past week. Two more Lebanese were killed and four wounded in the past 24 hours, according to Health Ministry officials, who put the total war toll at 4,304 people killed and 12,203 wounded since Israel’s invasion in early March. Media […]

Futures Slide Amid Renewed Tech Selling, Geopolitical Chaos Ahead Of Key CPI Print Markets continue to trade with a risk-off bias this morning, with equity futures and macro credit weaker, rates selling across the curve, as the USD and oil sensitive currencies outperform. It’s set to be another ugly day for US tech stocks as US equity futures slide ahead of today's CPI print which will see headline inflation rise above 4% for the first time in 3 years (full preview here). As of 8:00am Nasdaq 100 futures are down 1.5%...

Inflation Fears Plummet As UMich's Democratic Bias Is Exposed After rebounding strongly in preliminary February data (as Democrats came to their senses over the fearmongered Trump tariff-flation), the final UMich sentiment survey print slipped lower with the headline lowered from 57.3 to 56.6. Both Current Conditions and Expectations were lower than the flash print with the latter falling to 2 month lows and the former holding at 4-month highs... Does anyone else think its weird that all the numbers were exactly the same at 56.6 Source: Bloomberg Democrats and Republicans led the decrease...