Is There More Risk Than Reward In The US–China Summit?

Israeli Prime Minister Benjamin Netanyahu has said that the US-Israeli war against Iran is “not over,” pointing to the fact that Iran still has its stockpile of enriched uranium and maintains its ballistic missile program. “I think it accomplished a great deal, but it’s not over,” Netanyahu said when asked if the conflict was over […]

Houthi Threats Force Saudi Crude Tanker Onto Suez Route To Asia By Tsvetana Paraskova of OilPrice.com The Houthi threats to shipping in the Red Sea and its chokepoint, the Bab el-Mandeb Strait, have forced at least one oil tanker carrying Saudi crude to Asia to choose the much longer route through the Suez Canal, the Mediterranean, and around Africa. The supertanker Olympic Luck, partially laden with Saudi crude at Yanbu on the Red Sea, transited the Suez Canal into the Mediterranean late on Sunday, according to shipping data monitored by Bloomberg. The U-turn...

The Great Six Month Financial Blindfold Submitted by QTR's Fringe Finance As many including myself recently have noted, we are already living through an extraordinary age of financial grift, accounting games, promotional fraud, speculative mania and almost total contempt for basic investor skepticism. The SEC’s apparent response is to consider giving public companies less frequently required financial disclosure in the face of demonstrable public disapproval of the idea. You genuinely can not make this shit up. At a moment when public markets increasingly resemble a casino operated by executives, influencers, investment bankers, meme-stock promoters,...