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Yen Suddenly Spikes Sparking Intervention Chatter
Yen Suddenly Spikes Sparking Intervention Chatter
Having broken hand held above 160/USD, this morning (as the G20 meeting comes to an end), the yen is suddenly spiking higher, prompting desk chatter of another intervention...
There was no obvious news or macro catalyst for such a move, and for now, there is no follow through but it appears 160 is the new line in the sand for the Bessent/BoJ plunged protectors.
Some traders suggested it was a simple stop-hunt (which could still be instigated by 'authorities').
Developing...
Tyler Durden
Wed,...
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Can Trump Sue Himself?
The question recently asked by a federal judge in Miami — can the president sue an entity in the executive branch of the federal government and benefit from the resolution of that lawsuit? — seems to beg the question. How could anyone sue an entity he controls and derive a benefit from the amicable resolution of […]
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Jul 4, 2026 / Tyler Durden
Majority Believes They Will Achieve The American Dream
Majority Believes They Will Achieve The American Dream
250 years after American independence, a majority of people in the United States continue to believe in their personal American Dream.
As Statista's Kathraina Buchholz reports, 69 percent of those interviewed by Gallup in the beginning of the year say that they will achieve it in their lifetime.
This is in contrast, though, to 54 percent saying that not everybody can achieve the American Dream in this day and age.
You will find more infographics at Statista
While in a question about other people, Americans' answers are driven by...
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Apr 17, 2026 / Tyler Durden
FIFA Rebukes NJ's Lefty Governor In Transportation Dispute
FIFA Rebukes NJ's Lefty Governor In Transportation Dispute
Authored by Luis Cornelio via Headline USA,
Leaders behind the 2026 FIFA World Cup rebuked New Jersey Gov. Mikie Sherrill after she launched what appeared to be a social media campaign complaining that the state would be stuck footing the bill for public transportation tied to the event.
The 2026 World Cup is set to span multiple days, including eight matches at New Jersey’s MetLife Stadium in June.
Estimates suggest the games could generate over $3 billion in economic impact for the region.
However, the state is expected to expand public transportation services, as...
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