The Silicon Valley Bank collapse wasn’t unique, it was just first

A classified report from the US’s National Intelligence Council has found that even a large-scale US assault on Iran is unlikely to oust the Islamic government and military establishment, The Washington Post reported on Saturday. The intelligence report was completed about one week before the US and Israel launched the war on February 28 with […]

UMich Sentiment Crashes To Lowest On Record As War Sparks Inflation Panic Among Democrats While the March UMich sentiment survey was completed before and after the start of the Iran War (with only modest impacts on sentiment and inflation expectations), today's preliminary April data survey period was all in the war with expectations for a notable drop in sentiment and sizable jump in inflation expectations. It turns out the expectations were right in direction but underestimated the scale as headline sentiment plunged from 53.3 to 47.6 (far worse than the 51.5...