Parabolic Semiconductor Rally: What Breaks The Trade?

UK Pride Group "Captures" A 1,000-Year-Old Castle Authored by Steve Watson via Modernity.news, They called it "Capture the Castle." Not a picnic. Not a concert. Capture. On Saturday morning a 1,000-year-old Norman fortress in Devon was wrapped in a 150-metre rainbow banner while organisers talked about occupying the ramparts and sending a message that the building now belongs to their cause. Nobody has to guess at the intent. They wrote it on the programme. Totnes Castle sits at the highest point of the hilltop town. Founded around 1087 to lock down a crossing...

Futures, Bonds Surge On Optimism War May End, Oil Tumbles Below $100 Futures and bonds jump and oil fell, sending Brent briefly below $100 a barrel, as the de-escalation/technical/macro led relief rally continues on hopes of the Middle East conflict reaching an end soon  after Donald Trump said he expects the war in Iran to end in two to three weeks, and indicated that it was possible that Iran could still reach a deal with the US during that timeframe. Trump has a national address tonight at 9pm ET to...

Watch Live: Warsh Blasts Fed's 'Fatal Policy Error' On Inflation, Pledges Strict Independence As Tillis Confirms Hold On Fed Chair Nomination Latest:  Warsh labeled the Fed’s 2021-2022 response a “fatal policy error” on inflation. He demands a new policy framework, tools, and major communications reform. Warsh rejects forward guidance and refuses to preview future rate moves. Price stability exists when no one talks about inflation, Warsh testified. Warsh disputes that tariffs caused the recent inflation overshoot. Inflation data used by the Fed is “quite imperfect,” per Warsh. He focuses most on the underlying inflation rate. Trump never asked...