Futures Tumble As Global Yields Hit Multi-Year HIgh, Oil Jumps On Iran Escalation

Mamdani Is Destroying The Tax Base His Stupid Ideas Desperately Need Submitted by QTR's Fringe Finance  When the Fischer-Price My First Mayor™ of New York Zohran Mamdani chose to film a “tax the rich” video in front of a Manhattan penthouse owned by Citadel CEO Ken Griffin, he wasn’t just celebrating “tax day”, he was making a policy argument. Mamdani was making a choice about his tone (dickish), about targets (“people with more money than me are bad”), and about how the city signals to the very people it depends on to fund its...

The West Might Soon Ramp Up Its Pressure On India To Distance Itself From Russia Authored by Andrew Korybko via Substack, The US and France seem to be coordinating a concerted pressure operation against India... Popular Russian outlet Izvestia raised awareness of a paywalled Bloomberg report alleging that India might reduce its import of Russian oil, which was 45% of its total last month, to avoid US tariffs of up to 100% after Trump recently signed into law a bill empowering him to punish Russia's top energy partners. Earlier in September, "India's...

Iran State Media Says 'Enemy' Attacks On Southern Iran Overnight Summary Iran state media: 'Enemy' attacks on southern Iran overnight Trump: "This war will end immediately after our election." Iran escalates with "20 for 2" response doctrine: 20 targets for every 2-3 targets struck. Iran sets heightened conditions for war's end: Tehran calls for an end to attacks, Israeli withdrawal from Lebanon, an end to the Yemen blockade, and release of $24B in frozen assets. Shipping attacked: A tanker carrying 2M barrels of Iraqi oil was hit by a drone in Iraqi waters. Damage assessment in wake of overnight assaults: CENTCOM denies US warships were hit while saying 10 Iranian tankers have been destroyed. Regional reports say Jordan bases hit hard. Oil tops $100: Brent...