Netanyahu Brings Ominous Prop To UN Speech, Blasts 'Moral Cowards'

Lavrov Warns That If NATO Attacked Russia, War Would Be "Very Short" Russian Foreign Minister Sergey Lavrov has again responded to allegations of European officials that Moscow seeks to expand the war beyond Ukraine. We earlier detailed how recent drone spillover from the conflict, including explosive-laden drones coming out of Belarusian territory and threatening the Baltics, has resulted in Western officials increasingly alluding to NATO 'collective defense'. This is highly dangerous as it means the situation could rapidly escalate into full-blown Russia-NATO direct confrontation on the basis of a single aircraft shootdown. In...

Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022 With both foreign and domestic investors dumping gold (and anything else not nailed down) to fund oil, at its brand sparkling new price of $170 (in Asia), we were wondering how long before the lack of disposable cash hits US debt. We got the answer today at just after 1pm when we got the results of today's $69 billion 2Year bond auction. In a nutshell, it was terrible. The auction priced at a high yield of 3.936%, up from...

This Time Is Different? Earnings & Price Break 90-Year Trends Authored by Lance Roberts via RealInvestmentAdvice.com, September, so far, is living up to its reputation. The market slipped to the 50-day moving average, with the tape taking orders from crude oil. For the week, crude rose about 9% over four sessions, which pulled the 10-year Treasury yield higher right along with it, closing just under 5%. The corners of the market that hate higher rates slid while the S&P 500 dipped 0.68% to close the week at 7,666. However, that rather...