It’s the Fourth of July! Why Am I Sad?

Futures Jump As Brent Tumbles Below $90 On Fresh Round Of Iran Ceasefire Optimism A sharp drop in oil prices prompted by a quieter weekend for geopolitics and a pause in MidEast hostilities also sparked a drop in bond yields and the USD. A powerful relief rally in stocks and bonds emerged after a lull in hostilities in the Middle East, and started a week packed with earnings and a stack of interest-rate decisions on a positive note. As of 8.00am ET, Nasdaq futures surged after the index logged its first back-to-back...

Global Rush For "Non-Red" Suicide Drones Begins As Taiwan Sees Booming Orders Four years of war in Ukraine have rewritten how warfare is fought, accelerating the urgent need for low-cost aerial unmanned systems and ground robots. It has also prompted Taiwan to emerge as a supplier of low-cost suicide drones. Taiwan's national news agency, the Central News Agency, reported that a Taichung-based Taiwanese drone manufacturer is now focused on producing a domestically made variant of Iran's Shahed one-way attack drone. CNA said Carbon-Based Technology's main exports are "triangular-wing drones with a control...

White House Suspects NY Times Reporters Have Situation Room Recordings Senior Trump administration officials are convinced that two New York Times reporters have somehow obtained recordings of White House Situation Room meetings, which would represent an astounding breach of security, Axios reported on Sunday.  "We're afraid some of our most sensitive conversations were being recorded," a White House official told Axios. "And we have no idea which ones."  The White House Situation Room hosts some of the most consequential conversations on Earth  The two journalists are Maggie Haberman and Jonathan Swan, and the officials...