Senate To Vote on War Powers Resolution To Block US Attack on Cuba

Key Events This Week: PPI, Industrial Production, Q1 Earnings, Iran War When it comes to the week ahead, clearly the Iran conflict will be the main focus, but there are a few other things to look out on the calendar. First, the Q1 earnings season will start to kick off, with this week’s releases including several US financials. DB's equity strategists have a full preview, and they argue that the bottom up-analyst consensus for S&P 500 earnings growth accelerating into the mid-teens (16%) is justified by a favorable macro environment (full...

Yen Plunges After Two Dissenters Upstage BOJ's Rate Hike: Full Wall Street Reaction The yen sank to a two-week low against the dollar ​on Friday after two policy makers at the Bank of Japan dissented from a widely expected decision to raise ‌interest rates, extinguishing expectations for back-to-back hikes. Governor Kazuo Ueda now needs, at a minimum, to preserve expectations for a December move to prevent markets from unwinding most if note all of the tightening path already priced into rates. While Japanese policymakers pushed rates to their highest level in 31...

Boasberg's Law: Chief District Court Judge Under Renewed Scrutiny Over Pattern Of Unilateral Actions Authored by Jonathan Turley, Chief Judge James Boasberg is frustrated … and he is not alone. Recently, the D.C. federal judge reportedly “groused” that the D.C. appellate court had ordered him to reconsider a case about whether the D.C. government engaged in biased enforcement against political graffiti. Conversely, the litigants are equally irked over what they see as Boasberg’s bias after he responded by, again, dismissing their claims without a trial. For a second time, Boasberg has barred pro-life groups...