Solar Stocks Surge As Energy Shock Revives Renewables Trade Goldman analyst Adam Wijaya asked clients whether this year’s surge in SolarEdge, Enphase Energy, and other solar stocks is reviving a familiar trade: higher crude oil and natural gas prices in Europe and globally, strengthening the case for renewables as the energy shock sparks a return to coal switching. “Are we back to running the 2022 playbook?” Wijaya asked in a note […]

“Price Collapse” Hits Memory Sticks As Hoarded Inventory Floods Market After Google’s DeepSeek Moment Following our “Google’s DeepSeek Moment” report last week, which detailed how TurboQuant, a compression algorithm for large language models and vector search engines, could sharply reduce AI memory requirements and sparked a selloff in top memory stocks, a Taiwanese financial outlet is now reporting a plunge in memory stick prices […]

Job Openings Drop After Huge Upward Revision As Hires, Quits Unexpectedly Plunge To Six Year Low A few weeks ago, the BLS reported that January job openings unexpectedly soared by 400K, the biggest increase since November 2024, to 6.946MM, the highest since last October. Well, it turns out the jump was even higher than that because moments ago, the BLS published the latest February print, and while that number came in line with […]

Army Reviews Helicopter Flights Near Kid Rock’s Home, Anti-Trump Protests Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The U.S. Army has opened an administrative review of two AH-64 Apache helicopters that flew low near musician Kid Rock’s home and above an anti-Trump protest in Nashville over the weekend. Two AH-64 Apache attack helicopters conduct flight operations in the U.S. Central Command area of […]

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents’ minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board’s Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 […]

China & Pakistan Issue 5-Point Peace Framework As Trump Signals Potential ‘Off-Ramp’ Even If Hormuz Remains Closed Summary China, Pakistan issue broad five-point framework for peace (document below); France, Italy begin to block airspace for Iran-related US ops WarSec Hegseth saw “upcoming days will be decisive”, strikes will continues without any deal President Trump signals off-ramp, tells world “go get your own […]

No THAC0 Tuesday By Michael Every of Rabobank No TACO And No THAC0 The Global Daily yesterday noted lots of reasons to worry about this Gulf War 3 – today there are far more. However, as made clear since the start of this crisis, there is no way to say, “This is silly,” or to ‘go home’ and return to ‘normality’. Everyone in the war except the US *is* at home. Israel is targeting Iran’s leaders and PM Netanyahu says the […]

Negative Equity Leaves 30% Of Car-Buyers Underwater On Trade‑Ins Authored by Andrew Moran via The Epoch Times, Almost one-third of American car buyers with a trade-in owe more than the vehicle is worth, new industry data show. About 30.5 percent of buyers trading in a car toward a new vehicle maintained negative equity, according to a JD Power report released on March 26. This is up 4.2 percentage points from a year ago and […]

Putin Winning, Ukraine’s Position Weakened, From Prolonged Iran War: Zelensky Ukrainian President Volodymyr Zelensky has warned that a prolonged Iran war will be a net win for Moscow – and a significant setback for Kyiv. Speaking to Axios, he said bluntly: “I am sure Russia wants long war. They have benefits: The US is focusing on the Middle East and may decrease military help to Ukraine. Further he highlighted that “Sanctions are […]

Despite Tumbling Rates, US Home Price Acceleration Slowed In January US home price acceleration slowed significantly in January (according to the always lagged and smoothed Case-Shiller indices). After rising 0.50% MoM in December, the price of homes in America’s to 20 cities rose just 0.16% MoM in January (the lowest MoM rise since August and well below the 0.35% MoM expected)… Source: Bloomberg This left the 20-city […]

Futures Jump On Hopes Of War De-escalation, Korea Enters Bear Market On Memory Rout Futures are higher on a WSJ report that Trump is considering exiting the middle east conflict even if the Strait of Hormuz is not reopened; but the market is deciding whether this is a genuine intent to leave or another feint given the previous US attacks during negotiations and that Trump has yet to adjust his Apr 6 deadline. As of 8:00am, S&P […]

U.S. Gasoline Prices Hit Politically Sensitive $4 Level As Trump Eyes Iran War Off-Ramp The overnight Wall Street Journal report that President Trump told aides he is willing to wind down the U.S. military campaign against Iran even if the Strait of Hormuz remains disrupted (and appeared to confirm this narrative in a social media post this morning) comes just as the national average gasoline price hit the politically sensitive […]

Judge Reassigns Elon Musk Cases After Accusations Of Bias Authored by Zachary Stieber via The Epoch Times, A judge in Delaware on March 30 said she is reassigning cases involving Elon Musk after she was accused of being biased against him. Delaware Court of Chancery Chancellor Kathaleen McCormick said in a letter to lawyers that she was taking the step because “disproportionate media attention surrounding a judge’s handling […]

Unilever In “Advanced Discussions” To Sell Food Unit To Old Bay Maker Unilever Plc confirmed it is “now in advanced discussions” with Maryland-based spice maker McCormick & Company to sell its food business unit in a $15.7 billion transaction and said a final deal could be announced as soon as today.  “The Company is now in advanced discussions with McCormick & Company (“McCormick”) regarding a potential transaction,” the […]

AI Is “New Front Door To Commerce” As Consumers Ditch Google For Chatbots Shoptalk, one of the retail and e-commerce industry’s top U.S. conferences, took place in Las Vegas last week, where Goldman analysts had one key takeaway for clients on Monday morning: AI is beginning to reshape how consumers shop.  Analysts Brooke Roach and Kate McShane, among others, attended the conference and listened to retailers, consumer brands, and […]

China’s Quiet Gains During US-Israel War On Iran Authored by Hamza Zaman via RealClearDefense, The Iran conflict continues to protract despite President Trump’s assumption of a quick and easy victory. The goals of regime change and the decimation of the Iranian ballistic missile program remain unfulfilled, and the closure of the Strait of Hormuz further adds to the strategic qualms of the Western powers. The GCC states are also […]

US Must Boost Domestic Uranium Enrichment To Counter Proliferation Risks The Export-Import Bank of the United States recently issued letters of interest supporting up to $4.2 billion in financing for enriched uranium sales by General Matter to utilities in Japan and South Korea. This includes up to $2.4 billion for Japanese operators and $1.8 billion for South Korean ones over the coming decade.  As we reported, the deal […]

Chancellor Merz Admits A “Considerable Proportion” Of Violence In Germany Comes “From Immigrant Groups” Via Remix News, The debate over violence in German society and schools has reached a boiling point in the Bundestag, pitting Chancellor Friedrich Merz and his supporters against critics who accuse him of racism, including a Left Party politician who published a photo of herself on Instagram giving him the middle finger. The […]

Oil Slides As Trump Reportedly Told Aides He’s Willing To End War Without Reopening Hormuz Summary Trump reportedly told his aides he’s willing to end the war without reopening the Strait of Hormuz Iran struck a fully-laden Kuwaiti oil tanker in a Dubai port Iran rejects ‘excessive, illogical’ US demands while Trump mentions ‘progress’ with a ‘more reasonable regime’. Trump again threatens to destroy Iran energy sites […]

Liberal MP Labels X A “Massive Problem” For Allowing Brits To Criticize Mass Immigration Authored by Steve Watson via Modernity.news, A British Liberal Democrat MP has openly admitted what the political class really fears about Elon Musk’s X: it lets ordinary Britons speak freely about the disaster of mass immigration. In a clip that exploded across the platform on Monday, Cheltenham MP Max Wilkinson described X as a […]

Tracking The Last UK-Bound Jet Fuel Tanker As Shortages Near We outlined the early signs of global demand destruction and worsening energy chaos in a note earlier on Monday, mapping the regional dominoes and the order in which they are likely to fall. Turning to the UK, the last known jet fuel shipment from the Middle East is due to arrive later this week, a major warning that aviation disruptions could soon materialize. The […]

US Should Start Removing Its Troops From Germany, Proposes AfD Co-Leader Chrupalla Via Remix News, Alternative for Germany (AfD) co-chair Tino Chrupalla spoke out in favor of withdrawing American troops from Germany. During a party congress in Saxony, he stressed that, if AfD comes to power, this should be the first step in implementing the party’s program, which calls for the removal of all allied forces from Germany and a […]

Global Energy Crisis Or Iranian Surrender In Five Weeks? Authored by Brandon Smith via Alt-Market.us The last time global energy markets witnessed a shock similar to what we might see this year was during the 1973 Arab Oil Embargo. Tensions were escalating in the aftermath of the Yom Kippur War when the Arab Coalition launched a surprise attack against Israel. OPEC nations joined forces to cut off oil to Israeli allies including […]

White House Intervenes After Israel Closed Church Of The Holy Sepulchre Ahead Of Easter Jerusalem’s Church of the Holy Sepulchre was closed by Israeli authorities earlier this month after Iranian missile fragments hit Jerusalem, with restrictions also being placed on who can enter the walled old city – home to all of the most sacred religious sites. This has resulted in outrage among Christians, however, Israeli officials have said […]

Zelensky Calls For Easter Truce Amid Nightly Russian Drone Assaults Ukrainian President Volodymyr Zelensky is urging for an Easter holiday ceasefire with Russia, at a moment each side has sent daily and nightly drones and missiles across the border. “We’re ready for a ceasefire during the Easter holidays,” Zelensky told reporters, describing that “normal people who respect life” would seek a permanent ceasefire. “But we’re […]