Ukraine Intensifies Attacks On Russian Tankers In The Black Sea

Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump After two consecutive outsized jumps in consumer credit in the months of March and April, when gas prices surged and inflation resumed its track higher, lifting most prices as a result of the war in Iran, moments ago the Fed published its latest consumer credit (G.19) report for the month of May and it was a doozy: instead of the expected $17.5BN increase, in May total consumer credit unexpectedly shrank for the first time since...

As a US attack on Iran appears increasingly likely, White House Press Secretary Karoline Leavitt claimed on Wednesday that there are “many reasons” for the US to bomb the country, but declined to elaborate further, as the administration hasn’t given a coherent reason for the potential war. Leavitt made the comments when asked why a […]

The Market Is Carrying More Length & More Leverage: Goldman Flows Guru Warns... Expect More Volatilit The biggest discussion that top Goldman Sachs trader (and flows guru), Lee Coppersmith, had with clients this week wasn’t whether AI is over - it wasn’t. The debate has shifted to how investors should own it from here. If anything, the secular backdrop across both the US and Asia continues to strengthen. Capex expectations remain robust, earnings revisions continue to move higher, and we saw another week of significant inflows into US technology. Prime Brokerage data tells...