UK Risk Spreads Oddly Calm As PM Starmer Faces Growing Threat Of Ouster

Key Aluminum Spread In London Hits Biggest Backwardation Since 2007 Aluminum futures in London surged to a four-year high on Monday as President Trump's Strait of Hormuz blockade, set to take effect this morning, threatened to deepen supply chain disruptions across the Gulf region. On top of that, the Gulf's largest aluminum producer declared force majeure on parts of its contract book over the weekend. Aluminum climbed 1.4% to $3,547 per ton on the London Metal Exchange as traders priced in increased shipment disruption risk ahead of President Trump's Hormuz blockade,...

Clashing Over Saylor, Strategy, And Bitcoin's Biggest Risks Submitted by QTR's Fringe Finance Sometimes the best conversations happen after an argument. That's exactly what unfolded this week when I sat down with fund manager Larry Lepard for a discussion that almost never happened. After disagreeing earlier in the week over my criticism of Michael Saylor, Strategy, and the company's evolving Bitcoin strategy, we decided to hash it out publicly in a podcast/debate. Stupid thing to get in the way of a friendship, right? The result wasn't a shouting match. It was a substantive debate...

People have rallied and rioted outside American embassies across the globe. 22 people were killed in Pakistan.  Several people attempted to storm the consulate in Karachi on Sunday morning. At least ten people were killed by gunfire while attempting to breach the diplomatic building. It is unclear if Pakistani security forces or American troops opened […]