"Let Me Go Home, Okay?": Mistrial Declared For Arizona Rancher Accused Of Killing Illegal Immigrant On His Property

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"I will keep fighting forever. I won’t stop."


NYU, Columbia, Yale Crack Down On Demonstrators As Anti-Israel Protests Intensify

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"They were described as interfering with the safety and security of our community..."


Migrant Child Rapist Won't Be Deported Because It Would 'Harm His Mental Health'

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Argues that he wouldn’t be able to access care for PTSD or depression in Eritrea...


"There's No 'Gamma Blanket' At Present" - Goldman Trader Warns 'CTA Outlook Remains Precarious'

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...the technical setup has gotten worse in a short period of time... and not everyone's buying today's dip.


Israel Prepares Rafah Evacuation With Help From US, Egypt - New Tent City Erected

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IDF establishing "humanitarian zone" that will "accommodate around one million people."


World's Biggest M&A Deal Is Terrible For Bonds

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Monetary and fiscal policy in the US is becoming more intertwined as the Fed and the Treasury - implicitly or otherwise - increasingly coordinate their actions...


"What Kind Of American Are You?"

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"It will be unclear who are the good guys and who are the bad guys. Conflict is upon us..."


Bernie Sanders To Lead Progressive Fight Against Israel Aid In Senate With New Amendment

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The amendment seeks to cut billions in offensive military funding to Israel from the proposed national security supplemental package...

 


'Buy All The Things' - Dismal Data Lifts Rate-Cut Odds As Markets Ignore Price-Pressures

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'bad news' is good new... for now!


After Big Downward Revision, New Home Sales Jumped In March Along With Prices

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Mortgage rates above 7% continue to plague existing-home sales, which are "stuck"...


US PMIs Scream Stagflation As Manufacturing 'Contracts', Prices Rise, Heaviest Job Cuts Since GFC

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"The more challenging business environment prompted companies to cut payroll numbers at a rate not seen since the global financial crisis..."


Three Shades of Bears

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Even the most vocal bull is now in the risk-off camp

Biden's America: 40% Of Renters Think They'll Never Own A Home, Up From 27% Last Year

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Bidenomics 101: the American dream of owning a home has become the American nightmare for almost half of the entire population...


Euro Area PMI Activity Hits 11 Month High On Service Expansion As Manufacturing Recession Gets Worse

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"The PMI figures are poised to test the ECB’s willingness to cut interest rates in June"


Large Structural Short Will Drive Yen Much Higher

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More important for the longer-term outlook is how the yen’s steadily weakening path is leading to domestic investors to allow their foreign asset positions to become underhedged...


Gaza War At 200 Days: IDF Pivots From Iran Threat Back To Hamas Operations

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Heaviest shelling in weeks as expanded operations focus on central Gaza...


'Its The Economy, Stupid!' Black And Hispanic Voters Embrace Trump On Economics And Well-Being

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It's common sense...


What Yield On The 10Y Will Crack The Stock Market

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"A 2 standard deviation move in US 10-year note yields - equivalent to around 60 bps today - over a month is when impingement really kicks in"


Futures Extend Rebound Into Second Day Ahead Of Tesla Earnings Despite Rising Yields

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“Whether markets see further consolidation from here is likely to hinge on the assessment of the sustainability of AI demand ahead following the earnings releases,”


iPhone Sales In China Tumble 19% In Worst Quarter Since 2020

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Huawei is a rising star.