Hartnett: This Is The Obvious "Pain Trade" Of The Second Half Of 2024

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"No one is long the 30-year (annualizing 15% loss in '24) on debt dynamics/concern slowdown = more fiscal excess; that means lower long yields v obvious “pain trade” in H2"


NOTAM Sparks Confusion Over Possible Russian Hypersonic Missile Test Off California Coast

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"This notice is for all aircraft transiting from Hawaii to North America and North America to Hawaii. The following restrictions..." 


Sternlicht's Starwood REIT Running Low On Cash As Redemptions Soar Amid CRE Storm 

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"Liquidity isn't something that people think about on the way up, but it can become a concern suddenly." 


Goldman Suggests "Caution" Around Data-Surprise Dump, Sees "Gradual, Shallow Cutting-Cycle

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Structurally we still don’t see a case to be long US duration vs the current data set...


Nickel Prices Log Best Week In Over A Year As Riots In New Caledonia Spark Supply Concerns

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"We have seen these riots . . . If New Caledonia has an ongoing problem, then it is going..." 


Billionaires Funding Protests Donate Millions To House Dems

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...the fierce party division over the campus protests and the war in Gaza is full of warning signs during the 2024 election year.


Ukraine Launched Its Largest-Ever Drone Attack On Russia While Putin Was In China

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Zelensky warns public that more Russian 'waves' of attack coming in Kharkiv...


US Focused On Hunting Down Hamas Chief Yahya Sinwar, In Bid To End War

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"This is a guy from a different generation who is used to communicating off the grid," the official said.

 


White House Reacts To Ultra-Rare Putin-Xi Hug During Visit Highlighting Closer Military Ties

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"desire to challenge the international rules-based order"


Expect More Inflation No Matter Who Wins The Election

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...the Fed assumes that it is in control when history suggests that it isn’t...


Texas Governor Pardons Daniel Perry, Veteran Who Shot Armed BLM Protester

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Mr. Perry was convicted on April 7, 2023, on murder charges for killing Garrett Foster on July 25, 2020.


Ex-NIH Director Confirms 'No Science' Behind 6-Foot Distancing Rules

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Which is of course why schools remained closed, ruining actual childhoods...


When Ideological Bubbles Trump Economic Thinking

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Sometimes smart people make remarkably naïve or deeply problematic comments because their view of the world has been molded by narrow ideology, reinforced by significant consensus in their social circles...


Oil Tanker Struck By Missile Off Yemen Coast 

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Got, Brent? 


Not Just The US: Global Debt-To-GDP Ratios Are Skyrocketing

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...even the Fed chair has expressed concern about the problem.


Watch: Zelensky Says 'It's The World’s Fault' That Russia Is Gaining

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Journalist asked: What's happening in Kharkov now, is this America's fault?


Unprecedented Surge In Chinese Illegal Immigration Raises Security Concerns

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Nearly all are being released into an asylum process that will take years to conclude...


Germany Deports 7 Ukrainian Soldiers For Displaying Nazi Symbols

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Germany reminds incoming trainees: Kindly leave your Nazi patches at home 


Out Of Control Inflation: It Now Takes At Least $177,798 For A Family Of 4 To Live Comfortably In The US

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...most Americans do not make enough money to “live comfortably” in the highly inflationary environment that we find ourselves in today…


Warsaw's Left-Wing Mayor Bans Display Of Christian Crosses In Public Buildings

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The move is said to be driven by a desire to combat discrimination...