NATION AND STATE

Apple Alerts Biden Admin Officials Their Phones Hacked By Israeli Spyware

There’s been a huge revelation in the ongoing saga of the Israel-based NSO Group Pegasus spyware scandal. To recap, NSO Group was recently blacklisted by the United States after months ago a major journalistic investigation exposed that the technology was repeatedly used by abusive governments to infiltrate the devices of journalists, activists, and even foreign government officials – on up to the communication devices of President Emmanuel Macron.

Now, a breaking Reuters story has confirmed that several Biden administration officials were also hacked by Pegasus, in the

Goldman Ignores Dismal Payrolls Print, Expects Fed To “Double Pace Of Tapering” And Sees First Rate Hike In June With most analysts and strategists on Wall Street puzzled by the bizarre divergence between the Establishment and Household Surveys in today’s jobs report, as the former suggested employment rose just 0.1% in November, while the latter suggests employment surged by 0.7%, a divergence that was summarized best by Danny Dayan, CIO at Dwd Partners, who said this was “one of the weirdest reports I have ever seen”, Goldman has decided to make life simple for itself and in his post-mortem, Goldman’s

OK, Your Euro$ Curve Has Inverted, Now What? Authored by Jeffrey Snider via Alhambra Investments,

So, the eurodollar curve has inverted. Bad news. Now what?

While this is a major milestone in the monetary system’s decidedly anti-inflation/growth journey, it is hardly the end point of it. On the contrary, though it takes a lot of negative, deflationary potential to distort the curve in this way, we need to see if the market sticks with that potential rather than just some flashing rush of otherwise fleeting concern (for the record, this hasn’t happened; once upside-down, it has in the past