Our Post-Truth, Post-Trust World

A system that comes to depend on synthetic signaling for its "information" is doomed to Model Collapse, as its signaling has completely detached from the real world...


Monetary Metals Promo 2

Stocks surge and oil tumbles on US/Iran 'ceasefire' - Newsquawk US Market Wrap

REAR VIEW: US & Iran agree to a conditional two-week ceasefire, however, views differ on where Lebanon attacks stand in the agreement; Iran said US/Israel have already broken the ceasefire; Oil tankers passing through the Strait of Hormuz have been stopped by Iran; Damage on east-west Saudi pipeline said to be limited; Trump threatens 50% tariffs on countries supplying military weapons to Iran; Russia's Ust-Luga has resumed oil exports after two-week suspension; Average US 10yr note auction; RBNZ holds rates, as expected, but accompanied by hawkish comments; FOMC Minutes continue to suggest Fed in good position to wait and see.

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Two Questions And Five Scenarios For What Happens Next

Now that the initial euphoria over the 2-week ceasefire has faded and investors are focusing on the fine print, they realize that the ceasefire offers only temporary relief, with key risks unresolved and the energy shock far from over...