On The Hidden Fragility Of Our Energy-Dependent World & The Cascading Consequences Of A Supply-Shock That Money Alone Can't Fix

US Industrial Production Is Growing At The Fastest Pace In 4 Years As Manufacturing Rebounds Amid hot inflation (CPI, PPI, Import/Export prices) and AI-infected growth scares, US Industrial Production data this morning added another twist, printing far better than expected as capacity utilization picked up further in September. Headline Industrial Production rose 0.7% MoM in September (almost double the 0.5% MoM expected) with August's unchanged revised up to +0.1% MoM. That is the sixth straight month of gains for industrial production... ...lifting the annual increase in US industrial production to +2.25% -...

President Trump threatened on Monday to “take out” the “entire country” of Iran and said it could happen on Tuesday night, referring to his ultimatum for Tehran to open the Strait of Hormuz. “The entire country could be taken out in one night, and that night might be tomorrow night,” Trump said at a press […]

President Donald Trump said an Axios report claiming that he offered Iran sanctions relief in exchange for nuclear concessions is false. Axios journalist Barak Ravid reported that US officials told him the President had offered to lift sanctions and unfreeze Iranian assets in return for concrete steps on Iran’s nuclear program. Shortly after the report […]