DEVELOPING: Pope Francis Hospitalized

Pope Francis, 86, was reportedly taken to a hospital for “some previously scheduled checks” on Wednesday. The Pope will be kept in the hospital in Rome for the next two days. According to Italian media, the Pope was reportedly suffering from a respiratory issue and taken to the hospital by ambulance. BBC reported: Pope Francis


DC attorney refused to prosecute 67% of cases

Federal prosecutors in the Washington, D.C. U.S. attorney’s office declined to prosecute 67% of those arrested by the police in cases that would have been tried in the D.C. Superior Court in 2022, according to The Washington Post. Matthew Graves, the District’s Biden-appointed U.S. attorney, said the office is prosecuting most violent felonies and that the cases


Moving Beyond Banks

Moving Beyond Banks Authored by Peter Tchir via Academy Securities, Testimony on the hill yesterday turned financials (XLF and KRE) from positive to negative, dragging broader risk markets with them. Overnight, financials are performing well, along with broader risk markets (CDS indices in Europe are particularly strong). The good news is that the overdone fear


A Federal Reserve Pivot Is Not Bullish

A Federal Reserve Pivot Is Not Bullish Authored by Michael Lebowitz via, An old saying cautions one to be careful of what one wishes for. Stock investors wishing for the Federal Reserve to pivot may want to rethink their logic and review the charts. The second largest U.S. bank failure and the deeply discounted