Biden's Wednesday phone call with Netanyahu brought nothing new to the table...

Explosion seen for miles across the sea...

Demand for Russian oil is "going to go up as long as there are no further tightening of sanctions."

State attorneys argued that former President Donald Trump’s appeal is filled with ’meritless legal arguments.’

...that's one hell of a fat fail!

A dubious insult...

"Leadership’s mismanagement of technology and personnel are what led to the failures in Butler..."

"We have activated our pre-planned response plan and are working internally..." 

...with a full round of data between Jackson Hole and the September meeting, it would be premature for Powell to signal the exact size of the rate cut. However

This time around, the Fed may not be able to "save" the bubble from a complete round-trip deflation, which history suggests might decline by 50%...

Blowing up bridges as fast as Russia can rebuild them...

Embarrassing...

...what exactly does The Fed think rate-cuts are going to do?

The speed with which the VIX has fallen both absolutely and relative to cross-asset volatility lays the ground for further episodes of turbulence in the market...

We've seen this kind of divergence before and it did not end well for Services...

"Mr Lynch has been named as one of five victims recovered from the sunken superyacht." 

...assuming Trump wins the election, the inflationary impact of his economic policies would force the FOMC to stop cutting at 4.50%.

"...may result in a large-scale man-made disaster in Europe," the Kremlin added.

A dovish surprise could be any hint that the level of the funds rate is inappropriately high, while a hawkish surprise could be highlighting instead that broad financial conditions are still quite easy.

...as Texas normalizes post-Beryl