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Hormuz Closure 'Inflicting Enormous Impact' On Asia: Japan's PM Takaichi
Hormuz Closure 'Inflicting Enormous Impact' On Asia: Japan's PM Takaichi
The closure of the Strait of Hormuz is "inflicting enormous impact" on the Asia-Pacific region, Japanese Prime Minister Sanae Takaichi said Monday in somewhat dramatic remarks before the press.
Takaichi's words were issued from Canberra, on the occasion of Japan having signed agreements with Australia on critical minerals, energy security, and defense cooperation amid high-level talks with Prime Minister Anthony Albanese. Albanese in turn endorsed her assessment, stating: "Today, (we are) again facing an energy shock and global instability... Our partnership helps...
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Aug 21, 2026 / Tyler Durden
Situational Flipping: Citadel Has Dumped Almost All Of The Stocks It Acquired From Leopold Aschenbrenner
Situational Flipping: Citadel Has Dumped Almost All Of The Stocks It Acquired From Leopold Aschenbrenner
After the market learned in late July that Leopold Aschenbrenner's Situational Awareness hedge fund had blown up under too much Total Return Swap and option leverage (as we had warned a month earlier would happen), the next big question facing investors was: how long would Citadel keep the positions it bought from Leopold (at a huge market and transactional discount - recall Citadel only agreed to purchase the public book at a 10% discount off...
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Aug 5, 2026 / Tyler Durden
US Expands Strategic Foothold On Somalia's Coast As Yemen Conflict Simmers
US Expands Strategic Foothold On Somalia's Coast As Yemen Conflict Simmers
Authored by Dave DeCamp via AntiWar.com,
A US military delegation visited the local government in Somalia's northeastern Puntland region on Sunday and signed a deal to expand the US military presence in Bosaso, a port city on the Gulf of Aden, according to the Puntland government.
Saeed Abdullahi Deni, the president of Puntland State, held talks with a delegation led by Maj. Gen. Claude Tudor, the commander of US Special Operations Command Africa.
Maj. Gen. Tudor and President Deni. Source: Puntland government image
"Puntland and...
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May 13, 2026 / Tyler Durden
Gamma And Momentum: A Recipe For Cheers And Tears
Gamma And Momentum: A Recipe For Cheers And Tears
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
Intel (INTC) shares have risen 90% over the past month and more than 200% since the start of the year. Its competitors, Advanced Micro Devices (AMD) and Micron (MU), are posting similar gains. Many other semiconductor stocks, along with some computer hardware companies, are the market’s latest AI darlings. Momentum and gamma are driving the outperformance, and, in their wake, a supportive narrative is trying to justify it.
The narrative holds that the insatiable infrastructure buildout for...
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