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Futures Rise As Oil Drops, Bond Selling Slows, Meta Tumbles And Microsoft Soars
Futures Rise As Oil Drops, Bond Selling Slows, Meta Tumbles And Microsoft Soars
Futures rebound (for now) following yesterday’s Fed-induced meltdown as the market is clearly questioning Warsh’s credibility and potential usage of non-standard tools to fight inflation, pushing the yield curve to twist steeper and sending 30Y yields to 2 decade highs (last at 5.22%). Pre-mkt, the yield curve is seeing further twist-steepening with 10s and 30s up 1 and 3bp with 2s down 1bp. USD deterioration continues following its worst day in 4 weeks. Commodities are so confused,...
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Aug 20, 2026 / Tyler Durden
Argentina's Monetary Policy Reveals Germany's Loss of Control
Argentina's Monetary Policy Reveals Germany's Loss of Control
Submitted by Thomas Kolbe
Javier Milei is a politician who was trained along the lines of the Austrian School of Economics. For him, the maxim coined by Ludwig von Mises applies: inflation is always and everywhere a monetary phenomenon.
In other words: artificial expansion of the money supply leads to price increases – in different ways. Newly created, unbacked credit, as it is inherent in the fiat money system, can initially manifest itself in asset prices depending on the structure of an economy, for...
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Apr 22, 2026 / Tyler Durden
U.S. Deploys Ukrainian Acoustic Sensors, Interceptor Drones At Prince Sultan Air Base
U.S. Deploys Ukrainian Acoustic Sensors, Interceptor Drones At Prince Sultan Air Base
Last month's Iranian drone strike on Prince Sultan Air Base in Saudi Arabia appears to have inflicted a costly toll on U.S. forces in the region. The attack destroyed a U.S. Air Force E-3 Sentry Airborne Warning and Control System aircraft and damaged multiple KC-135 refueling tankers, highlighting a major gap in U.S. air defenses against cheap attack drones.
Nearly a month after the drone strike on Prince Sultan Air Base, and following multiple reports that Ukrainian drone forces...
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Apr 7, 2026 / Dave DeCamp
US-Israeli Strikes Destroy Jewish Synagogue in Iran
US-Israeli strikes on Iran on Tuesday “completely destroyed” a Jewish synagogue in central Tehran, Iranian media has reported, as the bombing campaign continues to hit places of worship and other civilian targets. Photos and videos of the aftermath show that the damage at the Rafi-Nia Synagogue, and Hebrew-language religious books are seen in the rubble. […]
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