Three More Killed in Israeli Strikes as US Says Lebanon ‘Ceasefire’ Extended Three Weeks

A Bumpy Ride Via Rabobank, Following the slightly hotter US CPI print on Wednesday – headline inflation was in line with expectations, but core accelerated a bit more than anticipated - producer price inflation accelerated significantly more than expected. Last month, US producer prices rose 1.3% m/m. Yet, rates were down on the day, not up. Maybe traders found some comfort in the fact that most of the inflationary pressure remains concentrated in energy prices. Or, perhaps, the PPI print underscored the pressure on US producers. If they are unable to pass...

Conscription is a form of indentured servitude. Murray Rothbard argued that everyone has a natural right to self-defense, but “we have no moral right to use coercion—the bayonet or the revolver—to force someone else to defend us.” Rothbard argued that if we want men to stand in our defense, “the way to induce people to volunteer for hazardous jobs […]

22 more people were killed in Lebanon in the last 24 hours and 153 were wounded, according to the Lebanese Health Ministry, as the Israeli invasion and occupation of the south of the country continues to grow. The Health Ministry has documented 1,094 people as having been killed in the Israeli war, since it began […]