The Inflation Spark That Could Become A Deflation Shock

US Secretly Repositions Bulk Of Stealth Cruise Missiles For Iran War President Trump has set a Tuesday evening deadline for Iran to reopen the Strait of Hormuz, with Tehran facing severe consequences if it refuses. Trump’s messaging suggests the next phase of the conflict could shift toward strikes on power plants, bridges, and other critical infrastructure nationwide. New reporting from Bloomberg suggests that the Department of War shifted a large share of its JASSM-ERs, formerly the AGM-158B Joint Air-to-Surface Standoff Missile-Extended Range, a long-range, conventional, air-launched stealth cruise missile fired from...

No SAVE Act? Congress Still Holds The Trump Card Authored by Scott Yenor via American Greatness, The failure of the United States Senate to pass the SAVE America Act is as regrettable as it is predictable. Noncitizen voting is already a federal crime in America. SAVE would have required voters to provide documentary proof of citizenship when registering to vote. States would have to purge noncitizens from voting rolls, too. Perhaps reliance on hostile state officials to implement the law would have rendered the SAVE America Act ineffective. We will never know. The cause of...

Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War Global risk assets, including US equity futures and global markets, as well as Treasuries and precious metals, tumbled as oil soared with Brent hitting $110 this morning after Trump's late Wednesday speech refused to pivot and dashed hopes that the Hormuz Strait would reopen soon and the war in the Middle East is nearing a swift resolution. As of 8:00am ET, S&P 500 futures dropped 1.7%, reversing yesterday's short squeeze as investors refuse to add...