S&P 500, SPY, VOO, IVV outlook: top news to watch this week

Putin Floats 'Chance' At Peace, While Ukraine Cites 'New Dynamic' To Get To Table

Putin Floats 'Chance' At Peace, While Ukraine Cites 'New Dynamic' To Get To Table Russian President Putin is this week attending the Eastern Economic Forum in Vladivostok, where he has issued key statements and at times fielded questions from the press. Among the most important questions asked from the press pool were on the matter of whether peace in the Ukraine conflict is still possible, given that this very week things have drastically escalated. Handout/Reuters Among the major escalations include Zelensky's threat to 'close Russian skies' through ramped-up drone and missile attacks, or in effect threatening even civilian aviation. Somewhat surprisingly, Putin responded by saying that yes, there is still a chance for settlement in the Ukraine crisis. As a reminder, Putin has still not yet raised the operation to status of full-scale 'war' - instead it remains at the level of Special Military Operation. The exchange with the pre

The Elephant In The Canadian Room

The Elephant In The Canadian Room Authored by Victor Davis Hanson via American Greatness, At first glance, the current American-Canadian trade "war" is absurd. We are neighbors with a long history of close friendship, speak the same language (for the most part), and spring from the same British civilization. Nearly one million Canadians reside in the United States. Given the two countries' natural affinities, Canadians are nearly indistinguishable from Americans. Both sides have reasonable grievances over trade policy. Americans don't like Canada's perennial trade surpluses of more than $50 billion in a supposedly free-trade zone. They resent the fact that non-free-market China exports subsidized cheap steel and aluminum through Canada, giving Canadian auto and truck exports a price advantage. The United States also objects to Canada imposing a surcharge on American digital media companies to subsidize Canadian In

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Trump Rages Against 'Treasonous Scum' In Media For Iran War Coverage

Trump Rages Against 'Treasonous Scum' In Media For Iran War Coverage President Trump took to Truth Social on Thursday to rage against US media coverage of the Iran war (not for the first time), following Treasury Scott Bessent giving similar scathing remarks earlier this week. Trump particularly singled out recent and ongoing reports of US missile and interceptor shortages, which he has slammed as false. He called out the "treasonous SCUM" in the media for issuing supposedly inaccurate reports on "our Military Operation in Iran" - claiming that the US has "virtually unlimited amounts of Mid to High Grade Ammunition". But also notably, and in a seeming implicit contradiction, he said the USA is not at the moment "selling them to others" but is producing and stockpiling at "levels never seen before." This is amid an ongoing scramble for Europe to find an avenue to transfer more Patriots to Ukraine, as Zelensky is essentially betting for more missiles. Trump once again further blamed the prior Biden administration for handing

Trade Deficit Leaps 24.4 percent, Highest on Record Excluding Tariff Distortions