Lebanon Ground War Expands North of Litani River as Israel Pushes Beyond ‘Yellow Line’

War Schmwar By Peter Tchir of Academy Securities Markets have been almost totally dismissive of the conflict in Iran. Frankly, the number of countries, including oil-rich nations, that had been firing at each other seemed quite high, yet most markets shrugged it off. While the Strait remained closed, or blockaded, or blocked, the market remained in Open Sesame mode this week. Moonshot Artemis II wasn’t the only “moonshot” we’ve seen. The SOX index has jumped almost 50% since March 30th. That would be incredible, but 18 straight days of gains is wildly impressive! (Even...

The Fuel-Mix Saving America's Largest Grid From Blackouts Today Power prices soared on Thursday across PJM Interconnection, the nation's largest grid operator serving 67 million people across 13 states, as a brutal multi-day heat dome pushed electricity demand toward critically high levels and raised the risk of rolling blackouts. Ahead of triple-digit temperatures today across the Mid-Atlantic, including Washington, DC, Baltimore, and New York, PJM has declared a level 2 grid emergency and ordered emergency load reductions. The alert, one step below a warning of imminent rolling blackouts, applied across PJM's territory...