"This Is My Place Of Business": How Cakes And Coffee Continue To Be Groundzero In An Age Of Rage

LNG shipping rates have gone from $40,000 to $300,000 per day — a 650% vertical climb in less than a week — and the men who ordered the strikes that caused this are still strutting around the Oval Office talking about “strength.” That is not strength. That is the economics of catastrophe unfolding in real […]

President Donald Trump says he may meet North Korean Supreme Leader Kim Jong Un when he travels to China next month. In August, Trump said he would like to meet with Kim before the end of the year.  When asked by reporters if he would meet with Kim when he attends the Asia-Pacific Economic Cooperation […]

Futures Flat As Yields Ignore Oil Meltup Futures are flats with Tech in line and small caps lagging even as bond yields dip 1bp across the curve, ignoring the continued rise in oil. In a quiet session ahead of tomorrow's jobs report, Japan remains the standout, with the yen strengthening on more hawkish BOJ repricing and intervention speculation, pressuring exporters.  Risk is modestly bid after yesterday’s reprieve in energy and rates (although Korean memory has faded again and only buybacks prop up the Korean market with retail now puking daily). As of...