IRGC Warns Against Ships Entering Strait Of Hormuz As Rubio Tells Iran 'Hardest Hits Yet To Come'

Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)... Source: Bloomberg Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation) Final demand services: The index for final demand services advanced 0.8% in January, the largest...

President Trump said in an interview with the Daily Mail on Sunday that he expects his new war with Iran to last “four weeks or so” as US and Israeli strikes continue to pound Iran and Iranian missiles and drones continue to make an impact in Israel and target US bases in the region. “It’s […]

US Intel Aided Mexican Special Forces In "El Mencho" Kill As Spillover Risks Rise The Sunday killing of Nemesio "El Mencho" Oseguera Cervantes, the leader of Jalisco New Generation Cartel (CJNG), by Mexican security forces unleashed coordinated cartel retaliation attacks, driving rapid instability across Guadalajara (Jalisco's capital) and spilling into high-traffic resort areas, including Puerto Vallarta. CNN reported that the US provided intelligence support to Mexican Army Special Forces, aided by aircraft and the National Guard's Immediate Reaction Force, during the operation to capture Oseguera. The operation, however, devolved into a...