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Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain positive momentum. Markets are higher ahead of NFP data later this morning following yesterday’s very ‘unwindy’ session (High Beta Momo -7.96%, Software vs Semis +5.83%, Power...
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Mar 16, 2026 / Dave DeCamp
US Has Lost About a Dozen MQ-9 Reaper Drones in Iran War
The US military has lost about a dozen MQ-9 Reaper drones since the US and Israel launched the war against Iran on February 28, The Wall Street Journal reported on Monday. The report said the MQ-9s had been lost both on the ground and in the air as Iranian missile and drone attacks have hit […]
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May 22, 2026 / Tyler Durden
Shipping Turmoil Remains Largely Contained To Gulf, For Now
Shipping Turmoil Remains Largely Contained To Gulf, For Now
The world's most critical maritime energy chokepoint has now been closed for 12 weeks, leaving seaborne energy supply chains heavily disrupted. Still, one UBS analyst points out that the shock has yet to meaningfully spill over into broader global shipping outside the Gulf area, suggesting the disruption remains largely contained for now.
"It looks like non-energy related global shipping traffic is running just 4% below normal in May - a bit better than April," UBS analyst Arend Kapteyn wrote in a...
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Lance Roberts
Recession Signal As Consumers Struggle To Pay Bills
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