Futures Tumble As Reality Returns And Yields, Oil And Dollar Soar

As part of the US campaign to engineer a regime change in Iran, the US military and intelligence community are using Operational Preparation of the Environmnet aka OPE. OPE is defined in joint publications (e.g., JP 3-05 Special Operations) as non-intelligence activities conducted prior to or in preparation for potential military operations to set conditions […]

CIA Document Sparks Wild Theories Of Ancient Knowledge Hidden Under Egypt's Sphinx Authored by Steve Watson via Modernity.news, A declassified CIA document that references a “Temple under Sphinx” in a 76 year old photographic inventory, has reignited interest in a mythical Hall of Records said to lie beneath Egypt’s Great Sphinx. The document in question is a CIA inventory cataloging black-and-white photo negatives from July 1950. Among routine entries such as “Sphinx,” “Tourist at Pyramids,” and “Ruins near Sphinx” appears the line: “Temple under Sphinx; July ’50.” This phrasing has prompted renewed discussion about possible hidden structures...

US Jobs Jump 115K, Smashing Estimates; Umemployment Rate Unchanged At 4.3% In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult combination for risk assets." With that in mind, moments ago the BLS reported that in April the...