Venezuela has moved “substantial quantities of [military] personnel and equipment to the border with Guyana amid its territorial dispute over the Essequibo region.

"The empire could no longer afford the problem of its own existence."

Nothing moves in a straight line, and it is far too early to declare that the disinflationary trend has resumed.

"The European Union urges Israel to end its military operation in Rafah immediately."

...in part to discuss expanding energy and trade partnerships.

Georgia's EU bid at risk -- and maybe that's the Georgian Dream party's point

...an honest judge would have no alternative but to grant a motion for a directed verdict and end the case before it goes to the jury.

Crude stocks declined, production flat, and another SPR addition...

This strategy mirrors management's approach that helped the struggling movie theater chain capitalize on retail day traders...

"Core CPI was even better than it looked, particularly given that we already know the PPI components that feed into the Fed’s preferred PCE deflator measure came in, on balance, weaker than expected."

...on a MoM basis, CPI rose less than expected...

...spending at gasoline stations saw biggest MoM rise since August 2023...

... the underlying plan may very well be to try to force Americans and Europeans to accept an expanding war with Russia.

...five rate-cuts now fully priced in to the end of 2025...

Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project...

The long gamma position in stocks could get unwound pretty quickly if the inflation outturn is big enough...

"The market is clearly concerned about something going bad that could lead to rapid easing."

"We could even see June rate cut bets return as Immaculate Disinflation returns..."

"An in-line-with-consensus US core CPI read is discounted and in the price, but that may be enough to promote relief buyers and see the index push higher. A core CPI read below 0.25% month-on-month and I certainly wouldn’t want to be short.”

"This was one of the initial catalysts for the China Property Sector..."