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UBS Warns Drought Shock Unfolding Across Breadbasket Of America

UBS Warns Drought Shock Unfolding Across Breadbasket Of America It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year. UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across the US agricultural belt rank among the worst in more than 130 years: The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started...
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Mar 31, 2026 / Tyler Durden
Restoring Meaning To American Citizenship
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Apr 29, 2026 / Tyler Durden
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
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Apr 23, 2026 / Tyler Durden
Texas Instruments Jumps Most Since Dot-Com On Upgraded Outlook; Goldman Sees Analog Recovery
Texas Instruments Jumps Most Since Dot-Com On Upgraded Outlook; Goldman Sees Analog Recovery Shares of Texas Instruments jumped the most since the Dot-Com bubble era after the chipmaker issued a stronger-than-expected second-quarter forecast, signaling that demand is rebounding across industrial markets and data centers. Goldman analysts told clients the guidance suggests the "analog recovery is continuing."  Revenue guidance of $5 billion to $5.4 billion and profit guidance of $1.77 to $2.05 a share both came in well above the Bloomberg Consensus estimate of estimate $4.85 billion, while first-quarter results also...
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