“We’re talking about this administration screwing us over again,”

US officials have discussed lump sum payments of $10,000 to $100,000 per Greenlander in order to convince them to become part of the United States

Only in Portland.

 

US ships to remain in regional waters for 'security'...

Oil above the 50-day! That’s rare

Traders and investors are reducing their longs or going short in Treasuries, in defiance of renewed geopolitical uncertainty, as the possibility that the US economy is strengthening is priced in.

Imagine all of the malinvestment that took place in autos, on EVs, thank to the government distorting markets and forcing EV adoption when genuine demand may not have been robust.

Net-net, this market feels like it’s chopping everyone up...

“...consumers’ worries about tariffs appear to be gradually receding..."

Leaders from Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy and Hilcorp are expected to attend...

This was a goldilocks report: neither too hot (with NFP missing) nor too cold (as unemp rate dropped), which leaves the Fed on autopilot and likely to cut at least 2 more times this year, absent any major changes.

Defense has logged 6 straight days of inflows — the 2nd longest streak since October (GS).

Next bite at the apple on Wednesday...

"The ghost fleets will not outrun justice." 

The initial plan is to offtake over 2000 MW of power from nuclear power plants owned by Vistra energy in Ohio, assist with fast tracking two reactors from TerraPower, and send a pre-payment to Oklo for securing nuclear fuel and advancing the first stage of a project in Ohio.

Kremlin charges the US & European allies with forming "axis of war"...

“The market is hoping for the jobs data to land on the fairway. Too much job creation would hint the economy is getting hot while a number close to zero would point, in contrast, to a slump. Neither option is good.”

"Trump's post about buying MBS and the potential impact on rates was the first piece of potentially good news for the builders..." 

Stronger economic data and delayed releases point to more robust U.S. growth momentum toward the end of the year...

A year where (as is often the case) the headline returns masked the volatility, pain, noise and churn from point to point...