Poland Moves To Tax Fuel Windfalls Earned During Iran War

Key Events This Week: Jackson Hole. Nvidia Earnings And Core PCE As we start a new weeks, the upward pressure on long-end bond yields from last week has shown initial signs of easing. Indeed, the 30yr Treasury yield is down -5bps overnight to 5.22%, whilst the 10yr yield is down by the same amount to 4.69%. That’s been supported by an announcement by the Treasury to CNBC that some/all of the cash in the Treasury General Account may be used to fund buybacks (bringin the US ever closer to Yield...

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...

What Season Is It? March temperatures across the Mid-Atlantic region were all over the place, swinging from the low 70s to cold and snowy the next day; the same pattern appears to be carrying into early April. Temperatures across the Washington, DC-Baltimore metro area were in the low 80s on Saturday, while New York City was in the high 60s. More of March's schizophrenic weather looks set to return Monday night into Tuesday, with meteorologist Ben Noll forecasting a late-season round of snow showers across parts of the Mid-Atlantic and Northeast...