El Dumbo, Tariff-ying, Rear Lagarde Action

The US State Department advised its citizens in Northern Mexico to ‘shelter in place’, as the cartels took their reprisals, following a major Mexican security forces operation against gang kingpin El Mencho - and then another called El Tuli.

It’s all LOL, until you realise that this is just the start. By targeting the cartels, the US has poked a hornet’s nest; And the hornets are on cocaine.

Meanwhile - have you paid a US steel tariff in recent months? Was it over 30%? If so, you could be due a refund. Just dial 1-800-WHITE HOUSE to see if you may be eligible.

The Supreme Court acknowledged that sorting out the tariffs strike-down would be ‘a complete mess’.

But after the mess, the reckoning: deep down, this is a story about the US balance of payments.

Finally, Christine Lagarde is stepping down from the ECB. Emmanuel Macron' s Napoleonic pincer movement is that this frees the way for a Lagarde Presidential Run – and stops a National Rally government from appointing its own bank governor in 2028. But with these kinds of cynical machinations now effectively running the European elite, the entire Centrist establishment may be embarking on its Russia Campaign.

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