Iran conflict threatens global economic stability
βThe Iran war is a major wildcard for the global economic outlook.β
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βThe Iran war is a major wildcard for the global economic outlook.β
βI will be participating in an incredible webinar on April 9th at 4 p.m., which is FREE Free, with my good friends at Abra. Crypto portfolio strategies and investing for the fourth turning. This is everything you need to know about custody, leverage and portfolio positioning.β
βI've lived with the shame of coming and changing that story, he said. I've felt that I couldn't protect those children in life, and I certainly didn't protect them in death. With Craig back on their side and agreeing to testify against Kathleen, the detectives were finally ready to make their move.β
βIt found forty one percent of traded mammals shared at least one pathogen with humans, while just 6% of non traded ones did. And the longer humans have been trading animals, the more viruses they share. For every decade in the wildlife trade, an additional new pathogen jumps to humans.β
βIsrael is now focusing on targeting Iran's steel and petrochemical industries, which are important for Iran's economy and military. Prime Minister Netanyahu said in a video statement that Israel's military strikes in Iran have destroyed the majority of Iran's capabilities to manufacture steel. And Saturday, Israel said it bombed a petrochemical complex needed for manufacturing missiles.β
βEvery single year or we get a massive revision down in all of the job numbers that we saw for the entire year before, it was like 800,000 years ago, over a million jobs this year. So we look at these job reports, we get really excited and oh my god, it's so bullish, people have jobs. And then while you're not looking, they rug pull you and change the job numbers entirely.β
βThe IPO race for AI is more of a marathon than a sprint.β
βHospitals are diverting patients as digital systems remain offline following the breach.β
βThe switch to solid-state chemistry could fundamentally change the economics of transportation.β
βFour out of every five are run as for profits, and half of all the operators in the industry are clearing annual returns of 20% or more than it costs to operate. With 850,000 older Americans living within assisted living, the rents are getting jacked up.β
βWhen it came to the unexplained death of an infant, one was a tragedy, two were suspicious, and three most likely pointed to murder. After reviewing the case, one police psychologist concluded, If natural causes are eliminated, then, in my opinion, Kathleen Folbigg became angry and frustrated with her children's crying and need for constant attention to a point where it overwhelmed her.β
βUS and Israeli forces have rescued a US. Air Force officer nearly two days after his plane was shot down in a mountainous region of Iran. President Trump celebrated the news and also issued a new threat. NPR's Marlaiasson reports. Trump said the rescued officer sustained injuries, but quote, he will be just fine. This was the first time Iran has shot down a US fighter jet since the war started.β
βReopening of the Straits will be slow because it may have been mined. Also, the logistics of getting all the ships that are trapped in out and the ones that are out in will be slow. Repair, there's been a lot of damage to infrastructure. We don't know how bad.β
βThe statistical likelihood that four children could die from SIDS is in excess of one in a trillion. As the children had all been growing normally and their autopsies identified no sign of disease, Dr Opphoven believed that all four of them had been suffocated by the last person to see them aliveβ Kathleen Folbigg.β
βAluminum prices have rocketed to four-year peaks after Iranian attacks targeted Middle Eastern smelters, highlighting how geopolitical risks can instantly reshape commodity markets. The industrial metals complex is flashing warning signs about supply chain disruptions that could ripple through manufacturing sectors globally. These geopolitical events demonstrate the sudden impact that conflict can have on industrial inputs and global logistics.β
βTrump said the rescued officer sustained injuries, but quote, he will be just fine. This was the first time Iran has shot down a US fighter jet since the war started. President Trump also issued a profane threat to Iran on Easter Sunday morning. He said starting Tuesday, the US will bomb power plants and bridges if Iran doesn't open the Strait of Hormuz.β
βI really think that if somebody created some kind of, thing for, you know, out of shape, middle aged guys to do. They'll do it. And I think if you make it if you brand it almost like as the, the non fit person triathlon, and it's gotta have, like, some version of eating and drinking being one of the legs, dude, that's the next tough mudder.β
βIf Iβm putting on my coach's hat and I see Sinner at 50 unforced errors, which is of course really high in a two set match, I'm saying that's okay. Jannik has to play attacking tennis. He needs to get on Alcaraz and be on his front foot and and take charge with big aggressive ground strokes. We saw what happened, I think, when he played a safer style against Carlos throughout 2024. It just did not work.β
βHelium plays a very important role in a number of industrial processes. Also, fertilizer, that's raising prices for farmers around the world, including here in the US. The fertilizer price goes up because there's a lack of fertilizer. Well, the prices for farmers go up and then food prices go up for consumers.β
βYou can not financially engineer a balance sheet, unless your name is Michael Saylor, to beat Bitcoin using Bitcoin. But instead, Bitcoin Treasury acted like completely redacted momos and yoloed into literally anything they could find at the dead top of the market.β
βIf you take no rest, no rest, you've got six days of prep on a surface you haven't played on in six months. And then you have to play five matches in six days in a condensed format, very high level competition, pretty much every round. That's tough. You've gotta be cut from a a different cloth to manage that, and he becomes the first to do it successfully since Novak Djokovic in 2015.β
βSinner was not really allowing Carlos to play that high ball into the backhand because he was so proactive in taking the slower ball into his backhand and making sure I'm gonna utilize that time to make forehands and then play on the rise at shoulder level. That was sort of the positioning that Sinner was typically looking for when Carlos played the high ball. I saw him getting around a lot of forehands and flattening it out inside out.β
βThe first revision to Q4 GDP was cut in half, down to 7 tenths of a percent from 1 percentage point... That's not the kind of mix that supports an economic resilience narrative.β
βJapan's opposition party is calling for increased nuclear plant usage to offset the Iran crisis, and that's highlighting how energy security is becoming a critical investment theme.β
βThe acquisition of TBPN reveals exactly where media is headed.β
βIn his Easter address, Pope Leo said that peace cannot be achieved through weapons or threats. At a time when political leaders in the United States and in Israel have employed religious language to justify the war in Iran, the Pope said that the Christian story is one of non-violence.β
βIf Iran does not fully open without threat, the Strait of Hormuz within 48 hours from this exact point in time, the United States of America will hit and obliterate their various power plants, starting with the biggest one first. So he wrote that on Saturday night, which means that 48 hour clock expires tonight.β
βI think the reality here is that when you take a look at the Bitcoin market, we are largely doing nothing. All coins are highly correlated in their nothingness. And no surprises there. For now, though, I think we can largely expect it to stay sideways.β
βGasoline prices have jumped sharply since the US and Israel launched their war against Iran. That's expected to push the annual inflation rate back above 3% when the price index for March is released on Friday. Core inflation, which strips out volatile energy and food prices, is also expected to be higher in March than it was in February.β
βAt this stage, it's too late. We've already had that October correction and we had in one of our programs, we had 20 plus percent in the inverse funds. These are funds that will short the indexes or short something. Shorting means they go in the opposite direction of the market. If the market went down 10% and you had an inverse S&P 500, which I believe is SH, that's the inverse of the S&P 500, that's the PowerShare short S&P 500, which by the way, we do own, we still own our inverse positions, but we might be teasing our way out of them shortly.β
βThe latest jobs report suggests an economy that is still running hot.β
βI don't know, but everyone surely wants Strong Jobs Report. You see that this morning? 250,000 new jobs. Way more than expected. That's pretty impressive, I thought. Pretty impressive. Well, since it's Friday, I'm going to give you a highlight tour of our certain experts from our KPP Premium newsletter. I usually do that every Friday because that's when it goes out. I put effort in this thing. Every Friday, I write it.β
βYannick Sinner is Monte Carlo champion 2026. His first big clay court title, his fourth straight 1,000 title, slowly but surely, chipping away at that Carlos Alcaraz head to head, having won three out of the last five. And he becomes number one in the world. I think both players, Alcaraz and Sinner, have made it clear that that is a footnote in their heads, and I think it should be a footnote in our heads as well.β
βWhat about the billions of people around the globe that are, you know, 65 plus that are just gonna need physical human support? So nursing's one area. Also, the the rest of that stat talks about in Japan, the number of nursing homes has risen nearly 50% over the last decade.β
βOpenAI and Anthropic are burning through cash at a staggering rate.β
βThe FAA says antidrone lasers can now be used along The US Southern border. Earlier this year, the agency had shut down airspace in some parts of Texas after the Pentagon deployed the lasers. Now the FAA and Pentagon have signed an agreement that outlines the safety precautions that will be employed.β
βOil prices at the $100 mark now for a while. There's concern that could go up to $150, $170 a barrel. Over the weekend, United Airlines CEO says they're preparing for that scenario and you see a lot of companies adapting to a scenario where we could have high oil prices for a while.β
βThe Federal Reserve says President Trump's tariffs have contributed to upward pressure on the price of imported goods. Stubborn inflation is making the central bank cautious about cutting interest rates. The Fed's likely to feel less pressure to lower borrowing costs after Friday's jobs report. It showed US employers added 178,000 jobs in March as the unemployment rate dipped to 4.3%.β
βBecause Japan hit the, like, silver tsunami a little earlier, they have this interesting thing where they're giving away free houses or super cheap houses, sometimes free. They're called Akiya's... there's over 8,000,000 IKEAs that are being given away by the government, or, again, sometimes for very cheap.β
βFrance's new exchange is taking aerospace firm public on chain. This is what I would love to see in the United States, to be quite honest. These shares can be issued, traded and settled with blockchain rails. So this is tokenized equity that's moving from concept to live capital markets.β
βEmergency crews are on high alert as record rainfall is expected tonight.β
βTo the AI economy, where real estate developers are now spending more on data centers than office space. And is it time to call a boomer? Public phones in Boston and Nevada are connecting generations. We'll explain.β
βCombined with Kathleen's diary entry from the night Caleb died in which she enthusiastically wrote, Finally Asleep, Professor Berry believed it was possible that Caleb had not only been smothered to death, but also smothered on a previous occasion from which he was able to recover.β
βThe press published some of the most damning expert opinions from the police statement of facts, including Dr. Ophoven's belief that the odds of all four Folbigg children dying of unexplained natural causes was one in a trillion. Accompanied by the excerpt from Kathleen's diary in which she compared herself to her murderous father, it didn't take long before she was considered guilty in the court of public opinion.β
βWTI crew diverse earlier declines to finish up over 3% on the day, just under $100 a barrel.β
βAI bots will generate more internet traffic than humans by 2027.β
βThe head of Iran's forensic medical agency says the country's death toll in the war over the past six weeks has surpassed three thousand. Additionally, 857 schools, 32 universities, and 338 hospitals were damaged or destroyed by air strikes, according to the Iranian Red Crescent.β
βNow to those massive, sometimes 6-hour TSA lines at some US airports over the weekend. As this partial DHS shutdown nears its 40-day mark, ICE agents are set to arrive to help speed things up at some airports today.β
βAt the weekend box office, the Super Mario Galaxy movie took the top spot with an estimated $130 million in ticket sales. That's the biggest opening of the year for a Hollywood film. The Illumination and Nintendo co-production capitalized on kids' spring break vacations, and despite mixed reviews, audiences were happy.β
βGasoline prices have jumped sharply since the US and Israel launched their war against Iran. That's expected to push the annual inflation rate back above 3 percent when the price index for March is released on Friday. Core inflation, which strips out volatile energy and food prices, is also expected to be higher in March than it was in February.β
βWell, bank stocks work really good when interest rates rise slowly, okay? They usually are fairly good in that kind of scenario. They work really bad just before recessions start to happen. They don't do very good in recessions at all, okay? They don't because there's a lot more defaults on the loans they make. Now, if you're going to go to a big bank, which Bank of America, the ones you two mentioned are very large banks, now you got to worry about international issues.β
βNiantic isn't just a gaming company; it's a 3D mapping company using the world's players as its data collection army.β
βThis legislation represents a generational investment in our nation's crumbling transit networks.β
βI want you guys to guess what the fastest growing sports are... number two, I would have never guessed. Alpine touring. I don't even know what that really is. I think it's just, like, off off country skiing. And then I have never heard of what is winter fat biking?β
βApple was opened up down 13%. Why did it open up 13% down? It beat expectations, both earnings and sales, but they guided lower. And they said they're not going to report unit sales of iPhones anymore. Why did they say they wanted, why are they doing that? Well, because iPhones were kind of, sales were flat. And they're going to move toward a revenue that's more based on services, the services business. And that was to be expected. I think that that makes sense, actually. I think they'll make more money doing it that way.β
βPresident Trump also issued a profane threat to Iran on Easter Sunday morning. He said starting Tuesday, the US will bomb power plants and bridges if Iran doesn't open the Strait of Hormuz. The president has issued a series of contradictory statements on the Strait, saying that it would open naturally when the war ends, or that European countries should open the Strait themselves.β
βAI bots will generate more internet traffic than humans by 2027.β
βThe central bank needs more evidence that inflation is heading toward two percent.β
βIf you look at how many forehands Alcaraz hit, the number is, 98 versus a 112 backhands. That's amazing. It's really hard to get Carlos to hit that many more backhands compared to forehands. Sinner, on the other hand, hit a 117 forehands to just 80 backhands. The only way that that's possible is that you're playing a lot of points if you're Yannick Sinner getting to hit your forehand into Alcaraz's backhand.β
βConsumer prices in March were up 3.3% from a year ago. That's the biggest annual increase in almost two years. Prices jumped nine tenths of a percent between February and March with a spike in gasoline prices accounting for nearly three quarters of that increase. Gas prices have jumped by more than a dollar a gallon since The US and Israel launched their war on Iran.β
βNiantic isn't just a gaming company; it's a 3D mapping company using the world's players as its data collection army.β
βNASA administrator Jared Isaacman, who went to space twice as a private astronaut, was on the ship with workers from the US Navy and NASA. It was the first time that the US Navy and NASA had teamed up for a spacecraft recovery since the end of the Apollo lunar program in 1972.β
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