As the nation faces an energy shock from Trump's Iran war, the job market losses 92K jobs in February. Tricky situation for the Fed as its two mandates are in pretty sharp contrast at the moment.

Misquoting Orwell is the perfect end to her tenure

Genuinely fascinating divergence. Oil and energy market types: really beginning to freak out. Global macro types: mostly relatively calm and expecting this to all blow over.

U.S. President Donald Trump joined a group of pastors in prayer in the Oval Office, as seen in video released on March 5.

Today the SEC filed a proposed final judgment to settle their lawsuit against Justin Sun and his businesses for $10 million and no admission of wrongdoing. Sun has spent between $112 million and $233 million on contributions to Trump-linked crypto firms.

From the new Epstein drop

Trump Says 'I Guess' Americans Should Worry About Iran Retaliating on U.S. Soil: 'Like I Said, Some People Will Die' people.com/trump-says-i...

Markets were incredibly complacent at the start of the week, but - with Brent now around $85 - I think we're starting to price a reasonable risk premium. This is up 18% from Friday and I think starts to accurately reflect risk of a major supply disruption... robinjbrooks.substack.com/p/a-massive-...

Fed's Goolsbee in NYC tonight: "We're not the bad guys. We're the Guardians of the Galaxy, and not the raccoon one. either."

Godflesh is done because the singer can't scream anymore.

BREAKING: The Justice Department just posted online three FBI interviews that had been missing from the massive trove of Epstein files initially released. They're related to unsubstantiated sexual assault allegations against Donald Trump. DOC 1: www.justice.gov/epstein/file...

Theocracy watch

What does this imply for those of us who are not Christian, and who labor under the assumption that we're protected by the First Amendment?

Once upon a time being married to a U.S. citizen was a major help getting through the immigration process.

Correction. Orwell never said this. He did however, warn that: "political language... is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.” (That's Politics and the English Language, one of my favorite essays)

ICE has arrested and detained a Nashville journalist who reported stories critical of ICE. She’s married to a U.S. citizen and has been seeking asylum here after fleeing death threats in Colombia because of her journalism there. They’ve already sent her to Louisiana.

House Republicans green light Trump Iran war. Via Reuters

one google data center in virginia two million gallons of water per day information only released under court order & risk of contempt

Jeanine Pirro claims she has a major role in crypto enforcement. She bought up to $50K worth of Coinbase stock in November, per new disclosure.

Trump on surging energy costs due to his war of choice in Iran: “I don't have any concern about it…if they rise, they rise, but this is far more important than having gasoline prices go up a little bit." Via Reuters

No idea how Iran ends up but Trump and associates are already musing about their next war.

That’s a large Maverick spotlight outside Justice Dept headquarters in Washington. It’s beneath the banner with Trump’s face

Trump officials weigh tempering the oil price surge their Iran war is generating by tinkering with markets. Via Reuters

I don’t know if it’s my phone in the age of iOS 26 or Verizon, but the amount of times my phone doesn’t work despite showing good data connection is non-trivial.

New from 404 Media: Proton Mail, the privacy-focused email service, gave authorities data that let the FBI unmask an anonymous 'Stop Cop City' protester. It was payment data linked to the anonymous email account. From that, FBI ID'd them, then tracked their movements www.404media.co/proton-mail-...

Markwayne Mullin, set to run Homeland Security >>

After adjusting for inflation, military funding this year will be 26% larger than under Obama's last year. That's more than $200 billion more for the military this year than when Obama left office.

Update: Now expecting the national average may rise beyond the previously expected $3.30-$3.35. We could now head for $3.40-$3.55/gal, and that's not really including much seasonality.

NOEM TAKING QUESTIONS - DOES NOT APPEAR TO KNOW SHE WAS FIRED

Not that Noem would've said or done anything different, but Markwayne is gonna be leading DHS and ICE during the midterms.

I’m sorry, “Special Envoy for The Shield of the Americas?”

Since receiving presidential pardons, dozens of former Capitol rioters have gotten into more legal trouble. In Florida, Andrew Paul Johnson was sentenced to life in prison for child sex abuse. n.pr/4rUa1zD

Gas prices are now up YoY, but still down on the 2yr and 3yr stacks (for now)

A message from Brian McGinnis, the firefighter and Marine veteran who was forcibly removed and injured by officers during his anti-war protest at the Capitol

Eric Adams' City Hall was a full-employment program for lobbyists. www.cityclerk.nyc.gov/assets/cityc...

A reminder that there actually are a decent amount of people out there who think it would be good for the world to end.

love a statement in this year of our lord 2026 that could have been made to the Roman Senate

Trump/Israel Iran war isn't just driving up energy prices, it may start destabilizing world food supplies due to fertilizer disruptions. Via Reuters

High oil prices get US shale drillers back in action, but at the same time, given what we're seeing in energy markets, yoking US energy policy squarely to fossil fuels over renewables seems incredibly short sighted.

The US and Iran have obviously not been at war for 47 years, as regime propagandists tell us. What has been going on for 47 years is the Saudi-Iranian regional proxy war. So the propaganda defines us as a Saudi proxy state.

private equity reading this like "I smell an opportunity to improve operational efficiency!"

According to Ukraine's President Zelenskyy more than 800 PAC-3 Patriot missiles have been used in the latest Iran war, more PAC-3 missiles Ukraine ever possessed, altogether. $4 billions in 5 days for shooting down flying mopeds. Well done.

He didn't even get to pick the new leader of Venezuela after capturing the old one.

So Trump is demanding he gets to pick the next Iranian leader while we're in the middle of a shooting war with them. Elsewhere, he also just told Channel 12 news in Israel that Herzog must pardon Netanyahu immediately, mid-war.

The reason they’re called human rights is all human beings have them. If you’re talking about the supposed exclusive rights of the herrenvolk you should use another term or just switch to German entirely.

At this point 100%.

I noticed gas jumped by 30 cents a gallon near me over the last few days and you have to wonder what the ceiling is here amid Trump’s war on Iran. Voters are not going to love fresh new surging inflation.

Just want to note another recent twist in the Oliver North saga.

Sounds like Israeli SOF may be operating inside Iraq (presumably setting up FARPs and the like for aircraft that en route to/from Iran or ground launched munitions)—and some of them may have gotten into a shootout with Iraqi forces

Historian here history first time as tragedy the second time as farce.