No, We Cannot “Afford” This War with Iran Either

White House Working With FBI To Probe Cases Of Missing Scientists Authored by Jacki Thrapp via The Epoch Times, The Trump administration confirmed on April 17 that it was working with the FBI to investigate the mysterious deaths and disappearances of ten U.S. scientists and government employees who had access to nuclear or aerospace material. “In light of the recent and legitimate questions about these troubling cases, and President [Donald] Trump’s commitment to the truth, the White House is actively working with all relevant agencies and the FBI to holistically review all...

Halliburton Sees First Signs Of Life In America's Oil Patch: "We Are In Early Innings" An emerging theme we are focusing on is the early stage of a major capex upcycle in America's oil patch, with even Goldman now moving in that direction and forecasting a boom that could echo the industry's expansion cycle of the early 2000s. Continental Resources CEO Doug Lawler was the first of the major oil patch players to mention in early April that "Continental is increasing our capital budget, which will increase production." Now, another giant...

The Weak Dollar Narrative Authored by Lance Roberts via RealInvestmentAdvice.com, We have spent a lot of time over the last year debunking “narratives,” which are dangerous to investors, as “narratives” create a rationalization for overpaying for assets. Nonetheless, Wall Street loves a simple story and is happy to jump on a trend with momentum, selling products to unwitting consumers. A good example of that lately has been the “weak dollar” narrative, which has pushed investors to chase foreign assets. The negative correlation between a weak dollar and rising international stock exposure appears to be a free return. Unsurprisingly, the...