Ansar Allah Warns More Attacks on Saudi Oil Facilities Are Coming After Strike Hits Aramco Headquarters

"We Can't Do Any Planning"; Dallas Fed Manufacturers Uniformly Negative As we await a maelstrom of Level 1 macro data this week, you could be forgiven glancing wistfully at this morning's Dallas Fed Manufacturing survey's modest headline beat (small decline MoM) and thinking "meh." That would be a mistake... Production is soaring (yay!!) and is forecast to remain strong... Employment is up (yay)... BUT is expected to plunge... And more worryingly, Prices Paid and expected Prices Received are accelerating  again... Ok so with all that in mind, here are the (uniformly negative) responses from the...

Powerful Explosion Rocks Aleppo Ammo Depot In Latest Mystery Blast A terrifying blast erupted outside the major northern Syrian city of Aleppo overnight, which caused area residents to evacuate their homes, and with sustained explosions visible for miles around. The explosion happened at an army base in an outlying town, injuring at least four people, after which a series of blasts persisted, which unleashed shrapnel across the area. State media outlet SANA later cited Ministry of Emergency and Disaster Management which indicated an ammunition depot was detonated. Amid local evacuations, emergency crews were...

Where's The 1929-Style Collapse MSM Predicted? UBS Finds Global Exports Surging To "Historically High Levels" Last year, lefty corporate media outlets pushed the narrative that President Trump's trade war with the world could trigger a 1929-style economic collapse. However, a new UBS report presents a markedly different picture: global trade growth is running at historically high levels, supported by AI-related demand and rising export prices.  Let's take a trip in the "wayback machine" and look at Bloomberg's headlines when Trump was ratcheting up the trade war with China in early 2025. The outlet...