While markets understandably continue to trade based on the day’s headlines, the bigger picture is that the global order is shifting under our feet and ultimately determining the price action...

"It will be six months for some [sites] to be operational, others much longer." 

...well, that escalated quickly!

"...a week of relative disappointment,"

"...my administration will continue to focus on lifting Arkansans up, not tearing others down with discrimination and hate..."

Following the flush which Goldman dubbed "the largest day of net selling in our data set's history... and a 5 sigma event", something flipped and the bank "saw buyers of next week SPY calls... the first meaningful upside buying in a while."

The rise in gilt yields since the Iran war started has been driven less by an unwillingness to hold UK government debt than by a rate repricing, but that may change...

Silver isn’t trending. That’s exactly why it’s destroying traders.

“Investors are stuck in geopolitical pinball right now as literally and figuratively explosive developments are bouncing global market sentiment.” 

"WSJ and Reuters mention a 100% equity deal but people view that as an unlikely outcome given..." 

The time to confront the debt challenge is not when a crisis leaves you no choice...

6600 is the only thing holding this market together right now.

...the market is trading with Liberation Day in mind, even though this is a much different event this time and it takes two (three in this case) to TACO...

"It just becomes a game of what is the next target, and is the damage... "

The Trump Administration is reportedly considering plans to occupy or blockade Iran's Kharg Island to pressure Iran to reopen the Strait of Hormuz, Axios reported, citing sources.

Governor Kathy Hochul admits New York's tax base has eroded because high income taxpayers are no longer 'captive'...

The project leverages NANO Nuclear’s exclusively licensed nuclear fuel transportation basket design...

Also US F-35 hit by Iran; Israeli refineries targeted, Gulf energy sites attacked...