United Pilot Reports 737 Struck By "Red, Shiny" Drone On San Diego Approach

China's Stealth Fighters Take Shape As Great Powers Risk Sliding From Economic War Into Shooting War Against a backdrop of resource nationalism, Beijing surrounding Taiwan with a record number of ships and raising blockade risks, an ongoing trade war, and President Trump challenging BRICS, the US military is disrupting China's access to cheap crude oil from countries such as Venezuela and Iran. This is merely the US response after Beijing spent the last 1.5 years depriving the West of rare earths and other critical materials. These developments provide context for an...

Overloaded: From Trinkets To Compute And Market Structure By Peter Tchir of Academy Securities Last weekend we published that the market was sitting on Multiple Inflection Points. We were concerned that many of the inflection points would resolve themselves negatively for the market: Iran, which we didn’t even give the full “inflection” point treatment to, has deteriorated. While Brent finished the week at almost $90, up from just above $70, it seemed to be a “side story” at this stage. However, with the news of the U.S. service members killed on Friday...