Reckless Provocations w/Scott Horton

In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India's Request Amid very confused and mixed messaging coming from Washington over the status and future fate of Hormuz oil transit, the EU is trying its hand at a solution. France ⁠and ⁠Italy have ​opened 'tentative' talks ‌with Iran ‌seeking ⁠to ⁠negotiate a deal to ​guarantee safe ​passage for their tankers ⁠through vital strait which remains a crucial chokepoint for stalled global crude transit, the ​Financial ⁠Times reports Friday, citing people briefed on ⁠the efforts. This comes as...

K-Shaped Economy Bites Back: Retail CRE Transactions For Shops, Malls Plunge February U.S. commercial real estate transaction activity appeared soft on the surface, but Goldman analysts believe the weak initial print will likely be revised meaningfully higher. The most notable area of weakness in last month’s transaction data was across the retail space, which is not especially surprising as the K-shaped economy continues to pressure lower-income consumers. Goldman real estate analyst Julien Blouin wrote Wednesday that the initial February reading on CRE transaction volumes showed a 13% year-over-year decline. He noted...

We Didn't Just Get Expensive Electricity. We Built A System That Makes It Inevitable. Authored by William Murray via RealClearEnergy, Most Americans don’t think about electricity until the monthly bill arrives. It comes once a month, often quietly, but lately it’s landed like a thud. Heating your home now costs hundreds more a month than it did just a few years ago. You use the same appliances. You flip the same switches. Nothing in your daily life has changed – except the price. Why? When one looks inside the electricity system, the experience is...