Trump Admin Provided No Defensive Action For Israel Amid Iranian Missile Salvo

Foreign Treasury Selling Is Getting Serious Submitted by QTR's Fringe Finance We already knew that the bond market was starting to call bullshit on America’s fiscal and monetary policy. Now we know that foreign governments are dumping U.S. Treasuries, and China is leading the way…even while President Trump pals around with President Xi Jinping. According to CNBC, foreign holdings of U.S. government debt fell sharply in March as central banks sold Treasuries to defend weakening currencies during the geopolitical and energy shock tied to the escalating Middle East conflict. China reduced its Treasury holdings to roughly...

"Surprise" X1.5 Solar Flare Detected Ahead Of NASA's Rocket Launch To Moon Space weather website SolarHam reported Monday morning that a "surprise X1.5 solar flare" was detected on the sun and may impact Earth within the next 48 hours. This comes ahead of NASA's Artemis II launch on Wednesday and could affect the launch if the solar storm is severe. "AR 4405 erupted this morning at 03:18 UTC (Mar. 30) with a surprise X1.5 solar flare. This event launched a halo coronal mass ejection (CME) into space, which also appears to...

"Firing On All Cylinders, But..." US Manufacturing Surveys Send Mixed Signals In May With US hard data taking a beating (relative to expectations) last week (red line below), analysts remain hopeful that US Manufacturing will hold up (durable goods orders were solid) with this morning's Manufacturing PMIs set to signal stability. The final May S&P Global US Manufacturing rose to 55.1 (down from the 55.3 flash print) but the strongest since April 2022 ISM's Manufacturing PMI survey also signaled improvement, up from 52.7 to 54.0 (better than 53.0 expected). "At first glance, the...