Trump may dust off 1930 trade discrimination law to back reciprocal US tariffs

Markets don’t ring bells at bottoms — they whisper. They twitch. They fake you out. They scare the hell out of anyone still clinging to their convictions. And then, right when everyone is exhausted, cynical, and emotionally bankrupt… the turn hits. That’s exactly where we are right now. The crowd still thinks this selloff has…

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Even with Australian and European banks closed for the holiday on Monday, financial markets enjoyed some risk-on flows thanks to optimism surrounding trade talks between the U.S. and China in London. Crude oil got an additional boost from reports revealing that the OPEC+ only managed a smaller increase in output than targeted while bitcoin was…