It Was Never About The Climate

Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative The number of Americans filing for unemployment benefits for the first time was flat from the prior week at 210.5k (215k exp). Simply put, these numbers are hovering near their lowest levels since 1969... Source: Bloomberg Continuing claims also printed below expectations at 1.819 million Americans. This is the lowest level since May 2024... Source: Bloomberg Finally, as a reminder, sentiment surveys suggest the labor market is bifurcated with 'jobs hard to get' but joblessness not surging... Source: Bloomberg That chart reinforces the 'no...

An Israeli attack in Gaza on Wednesday killed an Al Jazeera reporter, adding to the massive number of journalists the IDF has killed in Gaza and elsewhere in the region since the start of its genocidal campaign in the Palestinian territory. Mohammed Wishah, a correspondent for Al Jazeera Mubasher, was hit by an Israeli drone […]

"Brief Exchange": Top U.S., Cuban Military Leaders Meet At Edge Of Guantanamo Base Three weeks after CIA Director John Ratcliffe met with officials in Havana, reopening a political backchannel between Washington and the Cuban government, a rare military-to-military meeting unfolded at the edge of the U.S. naval base at Guantanamo Bay. U.S. Southern Command wrote on X that Marine Gen. Francis Donovan, head of U.S. Southern Command, met with Cuban Gen. Roberto Legrá Sotolongo and other officers at the perimeter of Naval Station Guantanamo Bay for what SOUTHCOM described as a...