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Yen Suddenly Surges To Bessent Intervention Highs... No One Knows Who/Why...
Yen Suddenly Surges To Bessent Intervention Highs... No One Knows Who/Why...
Yesterday we noted the sudden spike in JPY which prompted numerous desks to speculate on an intervention.
It wasn't large - which made many suggest it wasn't or that it was a tester for liquidity.
Today, we are seeing something different - a steady bid for the Japanese currency lifting it to post-Bessent/BoJ highs...
The slope (not entirely vertical) made some reject the idea of an intervention...
“I don’t think the move was an intervention or rate check, but there is a lot...
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Jul 15, 2026 / Tyler Durden
Pentagon Initiates Second Strike Wave Of Day After Iran Again Snubbed New Talks
Pentagon Initiates Second Strike Wave Of Day After Iran Again Snubbed New Talks
Summary
Pentagon announces second wave of strikes later Wednesday, the after initial 90-minute attack to start the day.
Trump threatens wider strikes unless Iran returns to talks - says attacks to 'expand' next week.
Wednesday saw 5th strait day of US bombardment on chiefly Iranian coastal sites.
Iran hits US-Gulf bases and warns on regional oil exports, says it is in 'control' of Hormuz Strait.
No evidence de-escalation: Tehran rejects talks and vows more retaliation.
Will the U.S. invade Iran before 2027?
Yes 17% · No...
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Jun 19, 2026 / Tyler Durden
World Cup: Where's The Beer?
World Cup: Where's The Beer?
Authored by Noel Williams via AmericanThinker.com,
So far, the World Cup is living up to Gianni Infantino’s (FIFA President) clarion call to “unite the world” (or at least the participating nations therein).
Of course, that could quickly change when we get to the knockout stages of the tournament when they're more overwrought emotions and rivalries are more intense.
In the meantime, soccer fans from far-flung places are reveling in America’s beauty and bounty.
They appreciate America more than Dems, which is not surprising since most Dems are anti-American.
There are three...
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Jul 1, 2026 / Tyler Durden
Apple Negotiating To Buy Blacklisted Chinese Chips To Ease AI-Driven Shortage




