Article
Core Durables Goods Surge For 12th Straight Month, Push Bond Yield Higher
Core Durables Goods Surge For 12th Straight Month, Push Bond Yield Higher
After a recent string of 'soft' survey data, this morning we get some 'hard' data and it was far stronger than expected.
Preliminary headline durable goods orders for March rose 0.8% MoM (better than the 0.5% MoM exp), and the first increase after a three month decline to start the year (which was the first 3-month decline since Nov 2019).
The increase took place despite continued weakness in aircraft orders manifesting as a 21.1% drop in nondefense aircraft and parts...
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May 21, 2026 / Tyler Durden
"Drills Are Intended To Send A Signal": Russia Holds Massive Nuclear Drills On Land, Sea And Air Alongside Belarus
"Drills Are Intended To Send A Signal": Russia Holds Massive Nuclear Drills On Land, Sea And Air Alongside Belarus
Trucks carrying intercontinental ballistic missiles rumbled over forest roads, atomic-powered submarines set sail from Arctic and Pacific ports, and crews scrambled into warplanes as Russia and neighboring Belarus held the final stage of their joint nuclear drills Thursday.
Russian President Vladimir Putin discussed the maneuvers in a video call with his Belarusian counterpart Alexander Lukashenko. “The use of nuclear weapons is an extreme, exceptional measure for ensuring the national security of our states,”...
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Apr 2, 2026 / Tyler Durden
Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage
Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage
Summary:
Colonial Pipeline's Line 1 flows were restored after the damaged section was repaired in Georgia.
Colonial Pipeline's Line 1 halted operations on Thursday night after a third-party work crew caused damage in Paulding County, Georgia.
Colonial Pipeline's Line 1 Flows Restart
The good news for U.S. East Coast drivers is that Colonial Pipeline's Line 1 did not suffer a prolonged shutdown.
Flows on the nation's largest gasoline pipeline, which runs from Texas to New York, resumed within hours after a third-party work crew damaged...
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Jul 14, 2026 / Dave DeCamp
Trump Backtracks on 20% Hormuz Strait Fee, Says He Wants ‘Trade and Investment Deals’ From Gulf States
President Trump on Tuesday backtracked on his demand for ships transiting the Strait of Hormuz to pay the US a 20% fee, saying instead that he wants “trade and investment deals” from the Gulf Arab states. “Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement […]
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