Texas Democrats have had enough of her traveling circus and performative bullsh*t...

"We do not believe in closing the Strait of Hormuz at all." 

...bias remains defensive... but the market does seem somewhat fatigued with caring... may still deteriorate meaningfully…

European equities enter this new "crisis" with richer valuations.

“If it is blocked for more than a week, the risk of sustained high energy prices would become real. If it is resolved quickly, the economic and financial impact would likely be negligible.”

"...a nice reprieve from the elevated job cut plans to start the year."

Poland’s central bank chief laid out a proposal to generate as much as 48 billion zloty ($13 billion) from the sale of gold reserves to finance defense spending...

"Today is a historic day for the United States’ nuclear industry."

"Cap energy and food prices, kick the US out of the military bases, and leave NATO. If Trump sows terror, let's make Spain a refuge,"

" ... is the result of our practical achievements and that we are ready to get rid of it, provided we get something good in return." 

Oil volatility is now pricing ~5% daily moves.

Blinking intensifies...

All of this comes just weeks before President Trump’s upcoming trip to Beijing, and with the...

Leopold Aschenbrenner’s hedge fund Situational Awareness LP has scaled to $5.52 billion in equity exposure in less than a year...

Iran's Deputy Foreign Minister says Iran has not sent any messages to the US to end the conflict, but are instead focused on self defence efforts, according to Sky News Arabia.

"It is only a matter of time before taxi drivers and human Uber drivers begin to revolt against AVs gaining deeper..." 

Iran claims it hit US warship with missiles 600km away in Northern Indian Ocean.

A granular look at capex-to-ebitda, interest coverage ratios and depreciation amongst the "capex crazies".