CNN is out with a report highlighting the difficulty of reopening the Strait of Hormuz: US officials are furiously trying to avert a potential months-long closure of the Strait of Hormuz, privately…
A Bloomberg report citing an Iranian official says that Iran is sticking to its hardline position on the Strait of Hormuz and unwilling to discuss opening it while it’s under attack. The…
One of the ideas that’s been floating around markets is that Trump just wanted to dramatically degrade Iran’s military, it’s nuclear program and its ability to make missiles. Once that was done,…
Oft times, there are implications to actions. The Trump administration tends to look to solve problems with laser focus that goes above and beyond without thinking of the consequences. The ICE/deportation implementation…
Trump is lamenting the lack of help in reopening Hormuz: Without the U.S.A., NATO IS A PAPER TIGER! They didn’t want to join the fight to stop a Nuclear Powered Iran. Now…
Oft times, there are implications to actions. The Trump administration tends to look to solve problems with laser focus that goes above and beyond without thinking of the consequences. The ICE/deportation implementation…
Trump is lamenting the lack of help in reopening Hormuz: Without the U.S.A., NATO IS A PAPER TIGER! They didn’t want to join the fight to stop a Nuclear Powered Iran. Now…
If oil stays high for months on and at some point it leads into core inflation. A high and persistent oil shock would not have a transitory impact on inflation. Based on…
Prior was -0.4% Ex autos +0.8% vs +1.2% expected Prior ex autos +0.1% (revised to 0.0%) Advance February sales +0.9% Sales hit $70.7 billion in January Sales ex autos and gas +0.9%…
Prior was +2.7% PPI y/y +5.4% vs +5.4% prior Raw materials price index +0.6% m/m vs +7.7% prior Raw materials price index +8.6% y/y vs +8.0% prior Normally, the Bank of Canada…
Headlines: Dollar recoups some losses on the day, eyes stay on the Middle East ahead of the weekend US stocks with their backs against the wall in the final stretch of the…
Axios reports on the matter, saying that US president Trump is considering plans to take over Iran’s Kharg Island so as to use it as a bargaining chip to pressure Iran into…
