Calm Market Waters Hide Fierce Undercurrents

US Central Command said on Monday that US military helicopters sank six Iranian boats, an allegation Iranian officials have denied, according to Iranian media, as the ceasefire between the US and Iran appears to have collapsed. The comments from CENTCOM Commander Adm. Brad Cooper came after Iranian media reported that Iran struck a US warship […]

How U.S. Retailers Are Absorbing The Fuel-Price Shock We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years, personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly troubling for the broader economy. This cocktail has revived uncomfortable memories of the 1970s: higher energy costs, squeezed households, and a consumer still spending into weakness. But another important area of coverage is how companies are faring as freight, fuel, and supplier costs, along with tariff pressures,...

The Last Word On Kernen Vs. Grantham Submitted by QTR's Fringe Finance Last week, CNBC’s Andrew Ross Sorkin and Joe Kernen interviewed legendary value investor Jeremy Grantham, and for about six minutes the conversation turned into one of the better moments I’ve seen on financial television in a long time. Grantham, the 86-year-old co-founder of GMO, whose case for the market being overvalued I highlighted last week, built one of the world’s most respected institutional asset management firms. Over the course of his career, he became famous for identifying some of the largest...