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Authored by Emel Akan via The Epoch Times (emphasis ours), WASHINGTON—The Biden administration is urging Congress to allocate $100 billion in disaster relief to assist communities across the Southeast affected by the recent hurricanes Helene and Milton. President Joe Biden addresses the nation after presidential election results, congratulating President-elect Donald Trump at the Rose Garden […]
House Speaker Mike Johnson (R-LA) is banning transgender individuals from bathrooms on the House side of the Capitol Complex regardless of their gender identity. Trans Rep-elect Sarah McBride (D-DE) The move comes after the election of Rep-elect Sarah McBride (D-DE), who will become the first transgender member of Congress. “All single-sex facilities in the Capitol […]
If anyone was hoping that today’s 20Y auction would be even remotely successful, they can not put those to bed: the just concluded sale of $16BN in 20Y paper was a disaster. Pricing at a high yield of 4.680%, the auction tailed the When Issued 4.650% by 3.0bps. Not only was this the third tail […]
Authored by Jack Phillips via The Epoch Times (emphasis ours), Attorney General Merrick Garland on Monday urged prosecutors to protect the Department of Justice’s (DOJ’s) “mission,” in his first remarks since President-elect Donald Trump announced his selection for attorney general under his incoming administration. Attorney General Merrick Garland speaks to the U.S. attorneys who have […]
In a lengthy investigative report, Reuters has presented what it says is Russian President Vladimir Putin’s initial reaction to the incoming Trump administration’s plans to pursue ceasefire negotiations leading to a final end of the Ukraine war, which reached its 1,000th day this week. As Putin “eyes contours of a Trump peace deal,” five sources […]
Authored by Lance Roberts via RealInvestmentAdvice.com, Following President Trump’s re-election, the S&P 500 has seen an impressive surge, climbing past 6,000 and sparking significant optimism in the financial markets. Unsurprisingly, the rush by perma-bulls to make long-term predictions is remarkable. For example, Economist Ed Yardeni believes this upward momentum will continue and has revised his long-term […]
Update(1227ET): More details have emerged of Wednesday’s Storm Shadow missile attack from Ukraine on Russia. This marks the first authorized known use of the long-range weapon in a cross-border attack. Previously the British government restricted use to within the Ukrainian battlespace, in the Donbass for example. Russian war correspondents have confirmed that “A missile’s flight was […]
Who says we don’t make things in America anymore? Not Peter Cancro. He got his start making sandwiches back in 1975 when he began working at Mike’s Subs in Point Pleasant, New Jersey, in 1971 as a 14-year-old high school football player, despite being too young to legally use the meat slicers. At 17, with […]
Submitted by QTR’s Fringe Finance To some degree, it’s expected that an outgoing administration would try to get as many of their policy initiatives through before the next administration takes hold of the reins on January 20. But what can be said about the Biden administration’s sudden urge to approve Ukraine’s use of U.S.-provided missiles […]
Crude prices are extending recent gains this morning – albeit modestly – as geopolitical risk premia are rebuilding amid missiles flying in Russia, MidEast tensions continuing, and Biden seems set on WW3 as his legacy. Last night’s API report showed a larger than expected crude inventory build and traders are on the lookout for whether […]
