Israel’s Days Are Numbered

Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $25 Billion Bond Offering After tightening sharply following last week's (pre-Situational Awareness) rout which sent hyperscaler CDS to the widest on record, AI bond spreads are blowing out again this morning - with SpaceX bonds - which have quickly emerged as the fulcrum bond security of the AI world - plunging this morning on news that for the third time in a year, Alphabet which has emerged as the credit (both on and off balance sheet) nexus of the AI supercyle, is...

No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode. Karex CEO Goh Miah Kiat spoke with...

USS Abraham Lincoln Returning Home After Being "Sunk" Three Times By Iran In yet another example of Iranian social media claims not matching up with reality, the nuclear powered Nimitz-class aircraft carrier USS Abraham Lincoln is returning home after a 286 day deployment and 5 days of rest at port in Thailand.  The ship was untouched by any signs of combat, despite the IRGC claiming on at least three separate occasions that they had sunk the mighty vessel with drones and missile strikes.  Iranian aligned accounts even spread AI videos and video...