Russia's Tactical Nuclear Weapons Exercises Are Meant To Deter A NATO Intervention In Ukraine

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The game-changing variable, however, will be what each does if/when the front lines collapse...


Columbia Cancels 2024 Commencement Amid Security Concerns

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...this is the same cohort that missed their 2020 high school graduation ceremonies over government COVID restrictions...


Cryptos Dump After Robinhood Reveals SEC Wells Notice Related To Its Crypto Listings

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The agency’s staff told Robinhood that it made a “preliminary determination” to recommend that the SEC file an enforcement action.


Berkshire's Growing Cash Pile Has A Hidden Message On Stocks

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US stocks are seeing no evil and certainly hearing none, but Berkshire Hathaway’s ever-growing cash pile should hold a tacit warning for those who are overexuberant...


'Romance' Scammer Promised Fake Gold To Bilk Victims For Millions

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"Victim 1 has never met Emily in person and has not received any gold bars..."


Futures, Global Markets Rise On Rising Fed Cut Bets

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“This week is expected to be calmer on the economic front: few economic data releases and limited central bankers’ intervention.”


Do NOT Pick A Fight With This Chart

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10 things you need to know in Tech

Trump Campaign Ad Highlights UNC Frat Defending American Flag

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"While campuses struggle to get control of their students, at UNC Chapel Hill, they are bringing order back..."


Systematics The Least Long For The Year

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Many indicators look cleaner and more supportive

Biden Wants The Wealthy To Pay Their "Fair Share", What Percentage Is That?

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What percentage of all income tax collection should the top 1 percent pay? Top 10 percent?


That's Nuts! $700K Of Cocaine Found In Almond Bags During Traffic Stop

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"It was just a normal traffic stop..."


Most Companies Are Beating Estimates But Get No Love From The Market, While Misses Are Getting Crushed

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Significantly more companies are beating consensus estimates by at least 1 std dev and fewer are missing. However, just like last week, beats are not being rewarded (via outperformance) and misses are getting punished.


Trump Says Jack Smith Should Be "Arrested" After Documents Revelation

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It comes after prosecutors wrote that the order of items within a box was ‘not the same’ as digital photographs of materials raided from Mar-a-Lago by the FBI.


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  • Equities are entirely in the green; Apple -1.1% is lower pre-market after Berkshire Hathaway decreased its stake in Q1
  • DXY is flat, EUR unreactive to PMIs & USD/JPY holds just under 154.00
  • Bonds are modestly firmer, with initial upside in Bunds trimmed slightly by large upward revisions to EZ PMIs
  • Crude is firmer with Rafah in focus, XAU is bid and base metals benefit from the risk tone
  • Looking ahead, US Employment Trends, Comments from SNB’s Jordan, ECB’s Lagarde, Fe

Biden Administration Finalizes Rule To Allow 'Dreamers' To Enroll In 'Obamacare'

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The new directive is expected to provide coverage to approximately 100,000 immigrants next year.


University Of California Now Discriminates Based On Parental Income, Education

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...the search for loopholes to achieve the racial balancing they deem ideal for the shaping of society continues.


Hartnett: "Higher For Longer" Cracked On March 13, Forcing The Fed And BOJ To Step In

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"Bitcoin peaked on the day when market flipped from pricing in more cuts to less cuts than the Fed... the good news is that “tail risks” of Fed hike & JPY collapse now lower after Fed “eased” (less QT) & Japan spent $55bn to support FX."


OPEC+ Likely To Extend Production Cuts In June

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Saudi Arabia and its allies in OPEC⁺ are likely to keep oil production unchanged for a further three months when ministers review output allocations on June 1.


Maryland Officials Release Timeline And Cost Estimate For Rebuilding Baltimore Bridge

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The detailed engineering plans for the new bridge are still under development...


Elon Musk Warns Over Biden's Massive Deficit Spending

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'We need to do something about our national debt or the dollar will be worth nothing...'