Gold tests $1960

As the Trump administration continues to grapple with the fallout from the betrayal of its core campaign promise to abandon the cycle of endless wars in the Middle East that have marred U.S. history since the dawn of the new millennium, the American public isn’t the only target of the barrage of propaganda it has […]

Half-Way Into Fiscal 2026, US Budget Deficit Is 11% Lower Than 2025, But It's About To Get Much Worse While not as dire as previous years, the US budget deficit remains a ticking time bomb. There was some good news and some not so good news, when the Treasury reported the monthly revenue and outlays for the month of March.  First the good news: The US federal government reported that the March budget deficit rose $4 billion or 2% ​to $164.1 billion from $160.5 billion a year ago, and higher than the $153.3BN...

UBS Discusses Next Maritime Chokepoint Investors Should Watch A lot of attention has centered on the Strait of Hormuz since the waterway was effectively shut not only by the IRGC drone threat, but mostly because maritime insurers are withdrawing war-risk coverage across the region. Our focus now shifts to the other critical maritime chokepoints. If Washington can pressure Iranian oil flows and, by extension, curb China's cheap Gulf crude flows, then the Taiwan Strait and South China Sea also emerge as potential flashpoints that traders can no longer afford to...