The Case Against Overhead Presses

US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs The month-over-month change in producer prices had accelerated for five straight months ahead of today's March data, which is expected to surge thanks to Iran-war impacts on energy costs. Against expectations of a 1.1% MoM rise, March's Headline PPI shocked everyone by rising only 0.5% MoM (equal to the revised lower 0.5% MoM rise in both of the last two months). This pushed PPI up 4.0% YoY (the highest since Feb 2023) but well below the +4.6% YoY...

Trump Ready To Take US Arms For Ukraine & Divert Them To Middle East The Iran war has been bad for Ukraine, and President Zelensky knows it. He's frequently been warning partners not to let the global focus on the latest Middle East war distract from supporting Kiev. But President Trump himself made fresh remarks highlighting just this situation, signaling he's willing to reroute arms originally tied to Ukraine toward the Middle East theater against Iran, reinforcing the obvious and growing pivot in US priorities. Reporter: Is the U.S. diverting some munitions that...

Sometimes a seemingly insignificant story tells one more about what is going on than the attempts being made to perceive the larger reality. When Julius Caesar crossed the Rubicon with his army the big developing story was the Roman Republic’s impending Civil War pitting Caesar against the country’s Senate and Pompey the Great, but the […]