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Futures Rise After Trump Extends Ceasefire Even As Brent Tops $100
Futures Rise After Trump Extends Ceasefire Even As Brent Tops $100
Futures are higher with earnings in full swing and AI winners soaring. Trump indefinitely extended the ceasefire with Iran just before its Taco Tuesday expiration, while maintaining a blockade of the Strait of Hormuz, after plans for peace talks fell apart. Still, the market doesn’t seem too concerned about the lack of a resolution, and is instead focused on a Tasnim report that Iran had received "some signs" the US was ready to break the blockade. As of 8:00am, S&P futures were...
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May 7, 2026 / Tyler Durden
Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey
Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey
Ahead of tomorrow's jobs report which is expected to show a substantial slowdown from last month's 178K surge, moments ago we got another reminder that the stagflationary iceberg remains front and center ahead of the US, after the NY Fed's latest monthly survey of consumer expectations reported that Inflation expectations at the one-year horizon rose again to 3.64% in April from the previous month’s 3.42%, the highest since September 2023. Inflation expectations were unchanged at 3.15% for...
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Mar 26, 2026 / Dave DeCamp
US Considers Diverting Military Aid for Ukraine for Use in the War With Iran
The Washington Post reported on Thursday that the Pentagon was considering diverting military aid meant for Ukraine to the Middle East for use in the US-Israeli war against Iran, as the US military continues depleting its stockpiles of air defenses and other munitions in the conflict. Since last summer, the US has been sending military […]
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May 28, 2026 / Tyler Durden
Federal Judge Given "Private Reprimand" After Holding Sexual Trysts In Chambers... And Then Lying About It
Federal Judge Given "Private Reprimand" After Holding Sexual Trysts In Chambers... And Then Lying About It
Authored by Jonathan Turley,
There is a bizarre controversy out of the United States Court of Appeals for the Eleventh Circuit, where a federal judge has been reprimanded for engaging in repeated, loud sexual encounters during office hours in chambers with a police officer. While the judge lied to investigators and disrupted the work of court staff, the Eleventh Circuit decided to give only a “private reprimand” and to withhold the identity of the district...
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