Stellar 3Y Auction Stops Through Even As Yields Hit 1 Month High

Iraq’s Popular Mobilization Forces (PMF) said on Tuesday that US airstrikes in Anbar, western Iraq, killed 15 of its fighters, including a senior commander. Iraqi media reported that Iraqi Prime Minister “In a blatant and cowardly attack, the commander of the Anbar Operations in the Popular Mobilization Forces, Saad Dua al-Bayji, was martyred along with […]

Jet-Fuel Price Shock Hits Airlines As Raymond James Cuts Estimate Across Coverage, Warns Of JetBlue Bankruptcy Risk As we've told readers, and as former Goldman commodities guru Jeff Currie explained last week, the energy crisis is not necessarily in Brent or WTI supplies, but in refined-product markets, given the diesel crack spread's jump above $100 a barrel last week. Early Monday, the spread was trading around $94. The secondary effects of a global refined-products crisis are beginning to hit airline earnings, according to Raymond James analyst Savanthi Syth, who wrote in...

The Great Normalization (Nobody Declared Martial Law... Yet America Began Looking Like It Anyway) Authored by Madge Waggy, There are stories that announce themselves with explosions, riots, or breaking-news headlines, and then there are stories so subtle that they quietly rewrite an entire society before anyone realizes what has happened. This is one of those stories. During the preparation of this investigation, several retired police officers, private security professionals, emergency responders, and ordinary citizens described nearly identical experiences despite living hundreds or even thousands of miles apart. None believed they were...