"Just Another Dip Investors Will Buy": Futures Drop, Oil Rises On Renewed Iran Tension

Feds Launch Probe Into California's Elections Days after California’s primary election, the votes are still being counted, and the winners are still unknown, and no one, save for California officials, seems happy about it. “The fact that California elections often can't be resolved for weeks is kind of insane and not common in other electoral systems around the world," Political data analyst Nate Silver wrote on X on Tuesday. "Like honestly 'it's going to take us several weeks to tell you who won the election' is failed state sh-t and should...

Israel continues to escalate the attack on Lebanon today, with the first strikes against the country’s north being reported, and additional strikes against the Beirut suburb of Dahiyeh, which came with new rounds of evacuation orders. The Israeli military ordered tens of thousands of civilians out of Dahiyeh, and Finance Minister Bezalel Smotrich issued a […]

The Question This Week Is "Does Trump Go Back To The Well On Bombing Iran?" By Benjamin Picton, Senior Market Strategist at Rabobank Hormuz diary, day 79. The strait remains functionally closed and global crude and refined product stocks are rapidly drawing down. President Trump has returned from Beijing after much bonhomie with no concrete commitments from China to help get shipping moving again, though the American side has claimed that China wants the strait to re-open with no tolls imposed and has committed to buy at least $17bn of US...