'Upside Oil Price Risk' Remains As Goldman's Hormuz Price Scenarios Suggest 'Low Flows For Longer'

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...because of risks of a delay to our assumption of a gradual 28-day normalization in Strait of Hormuz (SoH) flows from this week onwards.


IRGC Says Iran, Not US, Will Determine War's End As Trump Threatens Strikes '20 Times Harder' If Hormuz Transit Blocked

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Hegseth vows in fresh briefing to "permanently deny Iran nuclear weapons forever."


Shots Fired At U.S. Consulate In Toronto As Iran War Fuels Terror Fears

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"This is in the heart of Toronto." 


Still Stuck — But The Market Just Became Very Fragile

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SPX Is Still Stuck. But Volatility, Positioning And Liquidity Look Increasingly Fragile.

Boeing Slides After Wiring Flaw Discovery Set To Delay Some 737 Max Deliveries

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The wiring issue is yet another manufacturing setback... 



World's Biggest Hedge Funds Crushed By Oil Price Surge

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Some of the world’s biggest multi-strat hedge funds like Millennium, Poin72 and Balyasny suffered hundreds of millions of dollars in losses last week after the war against Iran sent oil prices surging and triggered wild market moves.


Archer Accuses Flying Taxi Rival Joby Of Depending On Chinese Suppliers

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Archer and Joby take their legal battle to another level...


Stocks Jump, Oil Tumbles After IEA Calls Extraordinary Meeting To Decide On SPR Release

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"...to assess the current security of supply and market conditions to inform a subsequent decision on whether to make emergency stocks of IEA countries available to the market." - IEA


Top Goldman Trader Says Use This Bounce To Reset Downside Trades

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...gamma is quite negative across the entire spectrum of SPX prices, which backs the idea that high volatility should continue.


N.C. Medicaid Scammers Sentenced To Over 14 Years In Prison For 'Somali-Style Fraud' Scheme

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...agents seized $1.3 million in cash, a 2021 Rolls Royce Cullinan, a 2021 Chevrolet Corvette, and a 2020 Chevrolet Silverado.


US Existing Home Sales Bounced In February As Mortgage Rates Tumbled

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“Housing affordability is improving, and consumers are responding,”


89 Arrested In Florida Human Trafficking Operation, Sheriff's Office Says

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The suspects arrested allegedly believed they were communicating with underage victims...


More Pain Ahead: CTAs "Sellers In Every Scenario" As Lack Of Liquidation Flush Keeps Biggest Traders On Edge

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"Sell estimates over the next week are some of the largest we have seen" - Goldman


After 144 Years In New Jersey, Exxon Asks Shareholders To Back Texas Move To Cut Litigation Risks

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"The Texas Redomiciliation may reduce the risk of future frivolous litigation against the Texas Corporation and its directors and officers." 


ADP Signals Best Job Gains In Almost 4 Months, As BLS Payrolls Plunged

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...according to ADP, private employers added the most jobs last week since Thanksgiving.


Futures Slide, Reversing Overnight Gains As "Off-Ramp Optimism" Fades

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“The war in Iran is not over and can intensify again at any moment. Any gains will remain limited until there are clear signs of an end to hostilities in the Gulf and shipping through the Strait of Hormuz improves again.”


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"I'd Be Fading This Rally" - Top Goldman Trader Warns 'Larger Issues Remain' Than Iran

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Markets create outcomes, not the other way around...


Diversity Wars: Pro-Palestine Watermelon Mural Triggers Black Community In Richmond

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Activists’ ‘solidarity’ stunt backfires...


As Trade Growth Surged, Goldman's One-Delta Desk-Head Asks "Is China Done Exporting Deflation?"

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Trade flows show China is becoming less reliant on the US market... builds 120-day oil 'shock shield'


Crude: The New Meme Stock?

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People Who Had Never Heard Of USO Are Now Long.