Hurricane Michael Makes Landfall Near Mexico Beach As Cat 4 Storm

Update (1:40 pm ET): The “worst case scenario” has become a reality. Hurricane Michael made landfall near Mexico Beach, Florida at 1:40 pm as a Category 4 hurricane with sustained winds of 155 miles per hour (that’s 2 mph shy of Category 5 status). Already,…

Italian Stocks, Bonds Collapse After EU Rejects Rome’s Budget Plans

Italian stocks tumbled with the FTSE MIB dropping 2.3% – the worst performer among major European markets on Monday – and hitting its lowest level since April 2017, while the country’s bonds plunged to the lowest level since February 2014 amid what now appears to…

A Sign Of The Times? Political Divide In America The Worst It’s Ever Been

The political divide between Democrats and Republicans is the worst it has ever been, according to a new Michigan State University report. In the report, Zachary Neal, associate professor of psychology and global urban studies, applies a stochastic Degree Sequence Model to data on bill…

Trump: Expected to Advance Religious Liberty at the UN

Every year, without fail, the Islamic Republic of Iran is ranked as one of the worst countries in the world for religious freedom.  Persecution of religious minorities is rampant and deeply ingrained in government institutions, and Christians are high on the list of those at risk,…

The Great Gas Game: Putin, Pipelines & Power

Russia and the West are facing the worst crisis since the Cold War. According to US Special Envoy Amos Hochstein, Washington’s goal is to reduce Russia’s gas market share in Eastern Europe by 20% by 2020. Russia cannot be allowed to build a gas pipeline…

Dollar Surges As 10Y Treasury Hits 3.00%

After a sharp drop in the dollar in the overnight session, which had set the greenback for its worst week since February, the BBG dollar index has surged, and was trading near session highs following today’s mixed economic data. Some have attributed the rebound to…

Dollar Suffers Biggest Weekly Drop Since February, Pushing Global Markets Higher

The dollar headed for its worst weekly loss since February following slowing inflation data out of the US and amid bets that other major central banks will start to normalize monetary policies, helping global stocks extend their lead as the MSCI All-Country World Index gained…

Iran Stuns Enemies By Moving Ballistic Missiles To Iraq – Within Easy Striking Distance of Tel Aviv

In what is sure to be a realization of one of Netanyahu’s worst nightmares, and deeply awkward for US advisers to Baghdad, Iran has transferred ballistic missiles to Shia proxy forces in Iraq, according to Western and Iraqi intelligence sources cited in a new Reuters report. …