Futures, Global Stocks Soar To All Time HIgh, Oil Plunges On Endless "Iran Deal" Drumbeat

"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three attempts at unilateral de-escalation (5-day delay, 'ceasefire' proposal, 10-day delay) met with even more supply as the apparent 'Trump Put' or 'TACO' trade is losing its power. Simply put,...

"Don't Be Evil": Google's Motto Becomes A Jury Verdict In California Authored by Jonathan Turley via jonathanturley.org, Google once had a motto: “Don’t be evil.” In its reorganization in 2015, the motto was changed to “Do the right thing.” According to a California jury this week, neither motto stuck. In a historic verdict against both Google and Meta, a jury found that the companies maliciously designed their social media products to addict children, including the plaintiff, who was known only as Kaley or KGM. The jury heard testimony of efforts to “target” young users and feed...