The Market's Biggest Buyer May Be Disappearing

President Volodymyr Zelensky said Ukrainian forces deployed to the Middle helped to shoot down Iranian drones in multiple countries. “We sent our military experts to the Middle East, including specialists in interceptor drones and electronic warfare,” Zelensky posted to X on Friday. “In those countries that opened up their air defense systems to us, our […]

French Bonds Rally As Le Pen Unveils Shadow Budget To Pull France Back From Fiscal Brink European bond and currency markets are signaling growing investor unease over France's political crisis and deteriorating fiscal position, as growing budget deficits under President Emmanuel Macron undermine confidence in the government's ability to stabilize public finances. French bond yields rose Monday before reversing sharply on Tuesday, with the 10-year yield falling to around 4.75% after right-wing presidential candidate Marine Le Pen proposed steep deficit cuts. The bond market reaction suggests investors welcomed the prospect of common-sense...

What Decades Of Academic Literature, Military Doctrine Says About Effectiveness Of 'Decapitation Strikes' Authored by José Niño via The Libertarian Institute The United States has long operated under a seductive strategic fantasy. Remove the leader of an adversary organization, whether a drug cartel, a terrorist group, or a sovereign state, and that organization will collapse, enabling American interests to fill the resulting vacuum. However, decades of academic literature, hard empirical data from Mexico’s drug war, and the lived consequences of America’s post 9/11 targeted killing campaigns all tell a damning story many...