...efforts to undermine Trump haven't really ended... they're just continuing in a different form...

Negotiations in Tehran have reportedly reached an understanding on broad outlines regarding the nuclear issue, however, differences between sides are very deep; Trump said to be frustrated and may decide on "decisive action" against Iran; Qatari and Pakistani officials arrive in Tehran to help secure a deal; Fed's Waller goes hawkish, and pushes for easing bias in statement to be removed; UoM consumer sentiment hits record low; Kevin Warsh sworn in as new Fed Chair; China launches major crackdown on cross-border stock trading

BofA’s Bull & Bear Indicator just hit 8, officially triggering one of Wall Street’s most closely watched contrarian sell signals.

“The world stands with Raul Castro, hero of the Cuban Revolution...” ???

...its clear that sentiment has gotten rather cautious amidst the momentum pullback from the highs.

This market is starting to look dangerously similar to 1997 again. Bears keep getting squeezed, call chasing is exploding and nobody wants protection.

Mysteel OilChem reported that China’s state refineries cut run rates below 67% of capacity in the week to May 21, the lowest on record

Turkey’s liquidation of Treasuries wasn’t an isolated event...

" ... clear endorsement of the strategic attractiveness of Delivery Hero's asset base for Uber."

Iran said 35 ships passed through the Strait of Hormuz in the past 24 hours in coordination with the IRGC, the Iranian state broadcaster reported on Friday. The navy had already reported on Wednesday that 26 ships had passed through the strait within 24 hours.

Power demand on Thursday hit 271 GW, on the “fourth consecutive day when the peak power demand (solar hours) reached a new all-time high,” India’s power ministry said.

Mutual funds appear to strategically manage their cash positions around large IPOs.

Family members believe the man died from typhoid fever, not Ebola, and wanted to bury him...

Taxpayer-funded underground networks thrive as billions vanish into California’s failed system...

...officials reviewing the deal have questioned ReElement’s ability to scale production and meet long-term revenue targets, according to people familiar with the matter.

...rising interest rates only mean we’re in a supply-led inflation that historically resolves through demand destruction, which in turn lowers yields.

"Right now we're doing a pause in order to make sure we have the munitions we need for Epic Fury."