Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months"

WTI Dips As US Crude Production Hits Record High, SPR Draw Slows, Cushing Remains At 'Tank Bottoms' Oil prices are marginally higher overnight after President Trump reinstated the blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway. US Central Command said it completed a morning round of strikes on Iran that further degraded its ability to attack commercial shipping in Hormuz. It comes a day after attacks on ships that had been participating in so-called shuttle runs that...

US Central Command said on Tuesday that its forces boarded and then released a commercial ship in the Arabian Sea, as the US continues to enforce the blockade on Iranian ports, the main impediment to US-Iran peace talks. “Earlier today in the Arabian Sea, US Marines from the 31st Marine Expeditionary Unit boarded M/V Blue […]

Spotting Market Bubbles: Why History Says It's Nearly Impossible Authored by Lance Roberts via RealInvestmentAdvice.com, If you knew you were standing inside a stock market bubble, you wouldn’t be standing in it for long. You’d sell. So would I, and so would everyone reading this. And if spotting market bubbles was something everyone could do in real time, the bubble couldn’t form in the first place. That paradox is why spotting market bubbles is one of the hardest jobs in finance, and why bubbles look painfully obvious only after the fact. Market...