Friday, March 27, 2026

Keystone Kash e-mail hacked by Iran

It's good to know that the head of the FBI has everything under control lol. 

 Iran-linked hackers breach FBI director’s personal email, publish excerpts online

 


 

Reality has a funny way of jamming seemingly interminable rosy expectations

 Markets now see the Fed’s next move as a potential rate hike as inflation fears mount

... Traders in the futures market pushed the probability of a rate increase by the end of 2026 to 52% on Friday morning, the first time it has crossed the 50% threshold, according to the CME Group FedWatch tool. ... 


 

Senate Democrats get partial win, bill funding DHS passes without further funding for ICE and parts of Customs and Border Protection, which were massively funded last year by the Big Ugly Bill

Senate advances DHS funding bill, tees up House vote to end shutdown as TSA airport lines stretch 

... After weeks of Republicans fighting Democrats on their calls to remove funding for Immigration and Customs Enforcement from any potential deal, the bill does exactly that. It would fund all of DHS except for ICE and parts of Customs and Border Protection, though it does not include the changes to ICE’s immigration enforcement practices that Democrats had demanded. 

... The shutdown began in February in the weeks after federal agents shot and killed two U.S. citizens in Minneapolis as part of a federal immigration crackdown. Democrats demanded changes in ICE and DHS more broadly and refused to fund the department. ...

Global oil in storage was 8,210 million barrels to start 2026 with consumption at 105 mbpd, meaning a 78-day cushion, analyst says we're moving from absorption phase which began Feb 28 to fragility now

 Brent oil tops $110 again after Chinese ships are turned away from Strait of Hormuz

... “The oil market did not underreact to the disruption in the Strait of Hormuz; it absorbed it,” said Paola Rodriguez-Masiu, chief oil analyst at Rystad Energy.

“For nearly four weeks, markets have shown remarkable resilience … supported by a combination of pre-war surplus, crude-on-water, and policy barrels that provided a temporary buffer and kept prices contained. That phase is now ending,” she said.

According to Rystad, the global system has shifted from “buffered to fragile” after weeks of supply losses and inventory drawdowns, leaving little room to absorb further shocks.

Nearly 17.8 million barrels per day of oil and fuel flows through the Strait of Hormuz have been disrupted, the firm estimated, with close to 500 million barrels of total liquids lost so far.