The Technical Backdrop: When Flows Meet A Hawkish Fed

Joint Chiefs Chair Pushing For Iran War Off-Ramp, Warning Escalation Will Backfire In another sign of mounting pressure on President Trump to disengage the US armed forces from his failing, five-month war on Iran, America's top general has been carefully working with other Trump advisers to communicate that continued depletion of the Pentagon's arsenal is unlikely to alter Iran's stance, while escalation is likely to backfire, CNN reported on Friday evening, citing "sources familiar with the matter."  Chairman of the Joint Chiefs Gen. Dan Caine has been using side conversations with cabinet...

Europe Races To Contain Energy Crisis With Patchwork Measures Via Remix News, European governments are racing to blunt a fuel shock that even some analysts now refuse to forecast, as Brent crude holds near $100 a barrel and diesel prices climb across Europe. The international oil market has been expensive for months. What has changed is the confidence of the people paid to explain it. JPMorgan told clients on Sept. 17 that, for the first time since fighting began around Iran about seven months earlier, its commodities team no longer has a...

The US military’s first kamikaze drone unit is ready for potential strikes on Iran, Bloomberg reported on Thursday, citing a US Central Command official. “We established the squadron last year to rapidly equip our warfighters with new combat drone capabilities that continue to evolve,” Capt. Tim Hawkins told the outlet. CENTCOM first announced in December […]