I was forced to work with a workplace psychopath for a decade or so. Most of the time, it had little effect, because my day-to-day work was something he knew little about and I was largely left to my own devices. However, there were a few times when we interacted. We edited a book some years ago, and as I was an experienced editor, I did most of the work compiling the volume. He wrote the two page foreword.

Convicted sex trafficker Ghislaine Maxwell, who is seeking a pardon from Donald Trump, told top Justice Department officials during an interview last month that she never witnessed the president “in any inappropriate setting” with girls introduced to him by disgraced financier Jeffrey Epstein.

The German economy is experiencing a “structural crisis” rather than just temporary “weakness,” Chancellor Friedrich Merz has said, admitting that steering the country’s economy back on track has proven harder than he had anticipated.

I have entered the age of incomprehension
Possibly because of the infernal confusion
Up there in my old lofty pigeon
Due to a blow from a truncheon
Not even wearing an hearing aid
Would sort this inner devil afraid
Did she say a bunch of arseholes
Or announced the next batch of households
Should I say I am too old for this piss
As Donald trumpets talks of peace
The ferrous complex is trying to hold $100. I expect it to fail. Not on anything especially dramatic. Largely because the seasonal headwinds for September are strong amid weakening Chinese growth. Goldman. Imports pulse is weak. Surprises bearish. Construction steel versus the rest means ongoing pressure on recycling but seasonality should also pull down BOF. It’s
The post Iron yawn appeared first on MacroBusiness.
The Market Ear. Watching the sensitive stuff ETH trying to tell tech something? These two have moved in perfect tandem over the past 2 months, but the latest gap is becoming very wide. Source: LSEG Workspace The worrisome part of the calendar The S&P 500 down 5 days in a row – front-running the calendar
The post Stocks set up for punishment appeared first on MacroBusiness.
DXY is back. AUD has entered freefall. CNY is fine. Gold is confused. Metals are nervous. Big bear intact. EM swoon. Junk hiccupped finally. As yields broke higher. Stocks kept falling. There wasn’t any earthmoving data. All eyes are on Jay Powell. Goldman says he’s going to break. Goldman economist David Mericle expects Powell to
The post Australian dollar enters freefall appeared first on MacroBusiness.

A German opposition leader has accused the EU of hypocrisy, pointing out that those who once rejected dialogue with Moscow are now praising US President Donald Trump’s diplomatic efforts to settle the Ukraine conflict.

Israel’s decision under its fanatic ethno-nationalist government to both approve more West Bank settlements and invade Gaza City now tragically defines the whole Zionist project: a 70-year campaign to purge Palestinians and create a greater Israel. Netanyahu’s criminality now defines Israel’s mission and recasts its history.



