Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project

Iran Rejects Direct US Talks Amid Escalation As Israel Attacks Key Petrochemical Plant At South Pars Gas Field Summary:  A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran: diplomatic talks are "absolutely incompatible with ultimatums, crimes, and threats to commit war crimes," the Foreign Ministry said. Israel strikes large petrochemical plant at South Pars, which is responsible for half of the country’s petrochemical production. There's been another extension of what had been a 10-day deadline for Iran to open the Strait of Hormuz - a...

Trump Administration Drops First Batch Of UAP/UFO Files On Friday, the Trump administration released the first official tranche of declassified UAP (Unidentified Anomalous Phenomena) and UFO files through the new Presidential Unsealing and Reporting System for UAP Encounters (PURSUE) - which of course was the alternative to the real incriminating Elite Presidential Shielding Taskforce Ensuring Impunity Now (EPSTEIN) files. ack ack ack The files are hosted at the official government site: https://www.war.gov/UFO/. This marks the start of a rolling release schedule (new materials every few weeks) covering decades of unresolved cases across multiple agencies, with...

Beta: A Powerful But Faulty Tool For Managing Risk Authored by Michael Lebowitz via RealInvestmentAdvice.com, When investors want to reduce risk, one commonly used tool is beta. For instance, an investor may sell higher-beta stocks and replace them with lower-beta ones to cushion against an expected market decline. Such a strategy is intuitive and widely used; however, it can be greatly flawed. We recently received a question from a client about how we use beta to manage our portfolios. Given recent volatility and declining prices, the timing could not be better to...