'Highly Unlikely' US Will Extend Iran Ceasefire, 'Lots Of Bombs Will Go Off' If No Deal: Trump

Key Events This Week: CPI, PCE, Durable, FOMC Minutes And More In addition to Iran war developments, this week’s economic calendar will focus on the inflation side of the Fed’s dual mandate following a solid March employment report. The key data releases this week are the February durable goods report on Tuesday, the February PCE report on Thursday, and the March CPI report on Friday. Fed Vice Chair Philip Jefferson will deliver a speech on the economic outlook on Tuesday. The minutes to the FOMC’s March meeting will be released on...

Odds Of SCOTUS Striking Down Trump's Birthright Citizenship EO Spike Update (1240ET): Odds are not looking good for President Trump's executive order restricting birthright citizenship, as two conservative justices now seem skeptical amid today's oral arguments.  As journalist Eric Daugherty notes on X, "SCOTUS Justice John Roberts is VERY skeptical of President Trump ending birthright citizenship, repeatedly firing back at Trump's top lawyer," noting that Roberts paid no mind when US Solicitor General John Sauer brought up the fact that China has 500 birth tourism companies that bring people to the US to have children.  "That has no impact on the...

The New Yorker Thinks Patriotism Is "Problematic" In a meandering essay name dropping every dress-to-impress academic figure from Voltaire to Alexis de Tocqueville to Howard Zinn, The New Yorker has set out on a quest to explain how the progressive left can essentially despise the country they live in the name of social justice, while also adopting the perks of "patriotism" so they can own the Chuds. The publication throws around some curious stats and asserts that patriotism is on the decline because, as they argue, patriotism today requires people to...