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Jet-Fuel Price Shock Hits Airlines As Raymond James Cuts Estimate Across Coverage, Warns Of JetBlue Bankruptcy Risk
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...
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Jul 15, 2026 / Tyler Durden
Why Central Banks Love A Gold Sell-Off
Why Central Banks Love A Gold Sell-Off
Via SchiffSovereign.com,
On July 7, Bloomberg published an article with the headline: “Gold’s Bull Market Has Ended and Now All Eyes Are on Bears,” explaining how many retail investors have headed for the exits.
That same day, the People’s Bank of China, the country’s central bank, reported its largest monthly gold purchase since 2023.
Of course, June marked its twentieth consecutive month of adding gold to its reserves. Central banks are relatively price insensitive. They buy gold as a long term hedge to preserve value, not...
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Aug 21, 2026 / Tyler Durden
Medieval Diseases Have Returned To Los Angeles
Medieval Diseases Have Returned To Los Angeles
In what can only be described as a stunning failure of state and local policy and leadership, Los Angeles County recorded its highest tally of flea-borne typhus cases in 2025, confirming 220 diagnoses, up from 187 the year before, according to the county's Department of Public Health. Almost nine in ten of those patients ended up hospitalized. Fleas that feed on infected rats, opossums, and other small mammals carry the bacteria behind the disease to humans, and Los Angeles has watched the case...
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Apr 2, 2026 / Tyler Durden
Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War
Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War
Global risk assets, including US equity futures and global markets, as well as Treasuries and precious metals, tumbled as oil soared with Brent hitting $110 this morning after Trump's late Wednesday speech refused to pivot and dashed hopes that the Hormuz Strait would reopen soon and the war in the Middle East is nearing a swift resolution. As of 8:00am ET, S&P 500 futures dropped 1.7%, reversing yesterday's short squeeze as investors refuse to add...
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