Lockheed Martin Gets $35 Billion THAAD Contract as Arms Makers Cash In on Iran War

Someone Tell Lloyd Blankfein The Fire In Private Credit Has Already Started Submitted by QTR's Fringe Finance As I’ve been writing about, private credit has been under immense stress for months, with liquidity strains, redemption pressure, and growing questions around valuations all surfacing at once. And now with things on the verge of imminent collapse and literally all of f*cking Wall Street already on notice, one former major banking CEO has decided to offer up the King Solomon-like revelation that he believes things could get worse from here. But, obviously, what he doesn’t realize...

Germany's Elites Demand "Location Patriotism" As Green Industrial Policy Unravels Submitted by Thomas Kolbe As social glue and as a bond tying the individual to a higher purpose of existence, patriotism has acquired a dubious reputation in Germany after decades of culture war. The United Left has succeeded in amalgamating this binding and integrating cultural ferment with the historical catastrophes of National Socialism, imperialism, and chauvinism, ultimately banishing it from the nation’s self-understanding. Today, the patriot is regarded as a social outsider, a contrarian, an intolerant antagonist of humanistic values. The mills of...

The United States Of Austrian Economics By Molly Schwartz, cross-asset macro strategist at Rabobank Earlier in the week, on Monday, Axios reported that “Iran threatened to abandon the negotiations with the US over Israel’s actions in Lebanon,” with inside sources suggesting that Trump called Netanyahu “crazy.” While Trump did not comment on the exact language, he did confirm the use of “expletives” in an interview with the New York Post on Wednesday that he and Netanyahu haven’t exactly been seeing eye-to-eye: “I was a little perturbed at his constantly fighting with...