SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs

"Good Things Could Happen" By Molly Schwartz, cross-asset strategist at Rabobank President Trump spoke with reporters yesterday aboard Air Force One, saying that the US is “meeting with Iran” and that “good things could happen”—with the “could” doing some heavy lifting. What the “good things” are, or when they “could happen,” is still TBD. The other alternative is that “if they don’t work out, [the US] will go back to very strong military action.” That, of course, is dependent on whether or not these talks are actually happening (or at least...

Drone Stocks Erupt After Report Of Pentagon Funding Deals President Trump's war economy is accelerating, with a new report indicating that the Department of War is set to unleash funding deals across a handful of drone companies. The effort comes as the DoW's procurement program now favors startups, and there has been an emphasis within the department on ramping up America's drone manufacturing base, as hyper-innovation from the war in Ukraine has brought forward 2030s-era war technology. The Wall Street Journal reports that the DoW has been in talks with a...

US Savings Rate Tumbles Despite Lowest Jobless Claims Data In 57 Years The number of Americans filing for unemployment benefits remained near its lowest levels since 1969 last week at just 197k (below the 200k exp)... Continuing jobless claims are also falling back to cyclical lows... Additionally, both income and spending are also trending higher... But overall, the savings rate is tumbling... So, the 'low hire, no fire' economy leaves Americans still spending but higher prices are forcing savings to be drawn down to maintain quality of life. Tyler...