All Bubbles End In Deflation

"Cash Crunch" Deepens? Mark Walter Explores Chelsea FC Stake Sale To Clearlake The latest developments surrounding Mark Walter's empire appear to reinforce Yahoo Sports reporter Jack Baer's warning last week of a potential "cash crunch" following the abrupt $12.5 billion sale of the Los Angeles Lakers to Josh Kushner and former Disney chief Bob Iger. The Financial Times also reported last week that the FBI seized phones belonging to Walter and Guggenheim Investments President Dina DiLorenzo last year as part of a federal investigation into entities controlled by Walter. Bloomberg reported...

Phantom Ayatollah? Iran's New Supreme Leader Has Never Been Seen Since Taking Office Amid widespread reporting that Iran had long ago moved into a emergency wartime decentralized command among autonomously-acting units, serious questions persist as to the role of Supreme Leader Mojtaba Khamenei, who replaced his slain father, longtime leader Ali Khamenei. What's clear is that the new, younger Khamenei - who may have been wounded in the early days of US-Israeli strikes, hasn't been seen in any public way, not even on TV, throughout the war. There have not so...

"Blockbuster Week" Preview: Fed, ECB, BOJ On Deck, Earnings Avalanche, GDP, PCE Tomorrow marks exactly two months since the strikes on Iran began. As DB's Jim Reid writes, while there is currently a rolling, open ended ceasefire that started on 8 April, the risk of it collapsing at any point remains real. Just as the weekend news looked like it was leaning negatively though, last night reports came through that Iran have offered the US a fresh proposal to reopen the strait and end the war. However as Axios and...