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Tucker Talks Taboos After MSM Ignores Instagram Kiddie-Porn Bombshell
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Iran Conflict Drives Surge In China EV Demand
Iran Conflict Drives Surge In China EV Demand
A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post.
Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump escalated tensions by warning he would “obliterate” Iran’s power plants if shipping...
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US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh
US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh
This morning's retail sales data is for January (still lagging due to the govt shutdown) and is expected to be a decline (BofA's omniscient analysts see a worse than consensus drop MoM, due in large part to weather disruptions).
The actual print was a decline but slightly better than expected at -0.2% MoM. Despite two months of no increase, sales rose 3.2% YoY in January (increased from December)
Source: Bloomberg
The decline was driven by a decline in sales at gas...
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