Duffy Seeking $10 Billion From Congress To Revamp Air Traffic Control System

The Reflexive Rally Was Not Surprising Authored by Lance Roberts via RealInvestmentAdvice.com, The market rallied on Tuesday and Wednesday, with Tuesday’s rally one of the best trading days since 2022. However, that should also be unsurprising, since the best trading days tend to cluster with the worst market periods. As we noted in Stock Market Breadth on Monday: “The single most damaging decision most investors make during periods of falling stock market breadth is selling. The data on this is unambiguous. Seven of the market’s 10 best days in any given 20-year period occur within...

Mohammad Bagher Ghalibaf, the speaker of Iran’s parliament, has called for the Iranian people to “maintain unity” in the face of the US blockade and other economic pressure, which he warned is aimed at collapsing Iran “from within.” In a statement issued through Iranian media, Ghalibaf said that President Trump “divides the country into two […]

Milei's "Miracle" Faces First Cracks As Argentina's Unemployment Rises Argentina’s much-touted turnaround under Javier Milei may be losing momentum, with fresh labor data pointing to a weakening jobs market, according to Bloomberg. By the end of last year, unemployment had climbed to 7.5%—the highest rate for a fourth quarter since the Covid era—reflecting a deterioration in employment conditions before the government pushed through its landmark labor overhaul. New figures show that joblessness in the formal sector increased for the first time in three quarters, while the share of workers in informal roles...