58% Against, Both Parties Scrambling: Data-Center Revolt Hits The Midterms

Xi Hosts Taiwan Opposition Leader In Rare Meeting: 'We Will Not Become A Chessboard For External Intervention' All eyes remain fixated on the impending US-Iran talks in Islamabad, but big things are also happening Friday in Beijing, and they have direct impact on another potential global flashpoint: Taiwan. While Washington potentially gets bogged down in another Middle East quagmire (if talks don't go well and there's no offramp), Chinese leader Xi Jinping has welcomed the leader of Taiwan’s main opposition party for a rare direct meeting in the Chinese capital. The symbolism of the timing...

Race To Refill U.S. Weapons Stockpiles Will Supercharge War Economy The U.S. military's 55-day war with Iran has alarmingly drawn down several categories of high-end air-delivered munitions, forcing the Department of War to draw from critical stockpiles in Asia and Europe. The drawdown of these weapons only suggests a possible readiness problem and helps explain why President Trump's war economy is set to accelerate, with expected increases in munitions production.  The New York Times has released a report that says since the US-Iran conflict began in late February, the US military...

S&P500 Futs Jump, Bonds Rally, Oil Tanks On Axios Report U.S.-Iran Nearing Deal Axios reports that the White House is nearing a preliminary deal with Iran to end the war. This is based on a 14-point, one-page memorandum that creates a 30-day negotiating window for a broader nuclear and Strait of Hormuz deal. News of this sparked risk on in U.S. equity index futures, WTI fell to the $95-a-barrel handle, and U.S. Treasury yields dipped. "The U.S. expects Iranian responses on several key points in the next 48 hours. Nothing has...