Trump To Meet With Gulf Leaders - US Met With Houthis, Opts Against Intervention In Yemen

Citi Calls Aerospace, Defense Stocks "Close To Major Tactical Bottom" After Brutal Selloff US aerospace and defense stocks have been tracking lower as Polymarket odds assign Democrats a higher chance of taking the Senate. The chart below shows the S&P 500 Aerospace & Defense index approaching bear-market territory, down roughly 20% from its summer high, as Polymarket's implied probability of Democratic Senate control topped 64%. A nearly 20% slide in aerospace and defense stocks is drawing interest from trading desks looking to buy the dip, though stepping in now risks catching a...

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...

Soros Fueling Opposition To Texas Data Center Expansion: Report A new investigation has connected Wall Street billionaire and Democrat megadonor George Soros to a national progressive network of activist groups opposing data center expansion in Texas. The Dallas Express reported that Open Society Foundations, founded and funded by Soros, has provided more than $7.6 million to the national Indivisible Project since 2017, including a two-year $3 million grant in 2023. Indivisible Centex, the local Bell County chapter of the national Indivisible network, has been active in opposing data center projects in...