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Futures Slide As Oil Jumps, Bond Selloff Resumes After Trump Spurns Iran Offer
Futures Slide As Oil Jumps, Bond Selloff Resumes After Trump Spurns Iran Offer
US futures are lower with Tech underperforming, alongside a drop in treasuries, as fading hopes for an imminent breakthrough in the Iran war sent oil prices higher and reignited worries that inflation is heating up. As of 8:00am ET, S&P 500 futures are down around 0.5% with Nasdaq futures sliding by 0.8% as semis and memory stocks underpeform the group. Defensives are leading cyclicals with credit cards, defense, energy, insurance, and restaurants acting as pockets of strength. Oil is sharply...
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Aug 23, 2026 / Tyler Durden
The AI Boom Runs On Tungsten, But Global Supplies Are "Running On Empty"
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Cash in hand but no one's selling
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Great And Unfortunate Fabrications
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Authored by Roger Kimball via American Greatness,
Jason Arday should ask for a cover charge. His entertainment value is that splendid. For the last couple of weeks, the "youngest ever black professor" at the University of Cambridge has been a nearly ubiquitous and nonstop source of hilarity. The proximate catalyst for the comedy is the imminent publication of Great and Unfortunate Things, co-written with the "book doctor" Eve Claxton. It is due out on August 11 from Simon & Schuster. Amazon lists it as an "Editor's Pick"...
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