Jane Street Made A Record $40 Billion In Trading Revenue Last Year, More Than All Wall Street Banks

During what has been described as tit-for-tat attacks, on June 10 the US bombed the drinking water supply in the Bemani district of Sirik, Hormozgan province, Iran. The 500-cubic-meter tank and a 2,000-cubic-meter reservoir provided water for 20,000 Iranians. “Targeting civilian water infrastructure raises serious humanitarian concerns,” the Iranian Consulate in Mumbai, India said. “The incident occurred […]

Trump's Project Freedom Likely Triggered By Oil Market's One-Month Countdown To Chaos What is well established about President Trump's newly announced Project Freedom is that the U.S. military is helping "guide" commercial vessels out of the Strait of Hormuz. The battle over the Hormuz chokepoint comes as the oil market appears to be one month away from a potential "tipping point." Without a resolution, traders warn that global crude and refined-product stockpiles could be drawn down to dangerous levels, creating dire conditions for another violent leg higher in fuel prices that...

Futures Storm Higher Into Record Territory On Now Daily Ceasefire Hopium Stocks are pushing higher again on the same old regurgitated news: namely speculation that a deal to end the war between the US and Iran is getting closer, the same exact "speculation" that has pushed the Nasdaq higher for what will now be 13 days in a row, and the same speculation that may keep pushing stocks even higher until the reality of no ceasefire sends risk plunging in a few days. For now however, it is sufficient to lift markets thanks...