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War Schmwar

War Schmwar By Peter Tchir of Academy Securities Markets have been almost totally dismissive of the conflict in Iran. Frankly, the number of countries, including oil-rich nations, that had been firing at each other seemed quite high, yet most markets shrugged it off. While the Strait remained closed, or blockaded, or blocked, the market remained in Open Sesame mode this week. Moonshot Artemis II wasn’t the only “moonshot” we’ve seen. The SOX index has jumped almost 50% since March 30th. That would be incredible, but 18 straight days of gains is wildly impressive! (Even...
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May 9, 2026 / Tyler Durden
Trump Congratulates Incoming Iraqi Leader, Who Moves To Disarm Pro-Iran Militias
Trump Congratulates Incoming Iraqi Leader, Who Moves To Disarm Pro-Iran Militias Via The Cradle A committee comprising three senior Iraqi figures is close to finalizing an "executive plan" to disarm factions within the Popular Mobilization Forces (PMF) that enjoy support from Iran, Asharq Al-Awsat reported on 8 May. Development of the plan, which will be presented to US officials in the next few days, comes amid expected changes to the leadership of key security agencies under the incoming government of Ali al-Zaidi. Trump congratulates Iraq PM nominee Ali al-Zaidi, eyes stronger ties Zaidi was nominated by the Shia-majority...
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Jul 16, 2026 / Tyler Durden
The Odyssey Hullabaloo
The Odyssey Hullabaloo Authored by Victor Davis Hanson via American Greatness, Acclaimed British filmmaker Christopher Nolan's (The Dark Knight, Oppenheimer) newest film, The Odyssey, opens this week in the United States. But controversy has already surrounded Nolan's adaptation of Homer's 2,700-year-old epic poem about Odysseus's 10-year struggle to return home after the Achaian victory in the decade-long Trojan War. Some of the film's actresses have suggested that Nolan is offering a more feminist - and long-overdue - take on the ancient poem. Actress Lupita Nyong'o, in particular, has criticized Homer's purported sexism. Perhaps her...
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May 6, 2026 / Tyler Durden
Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year
Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year Add another vocal warning to the chorus singing about the dangers of private credit.  DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the same trappings as subprime mortgage repackaging had back in 2006,” raised fresh concerns about financial advisers and other principals who ushered retail investors into private credit and other so-called...
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