Atlanta, TSA, and a Test Case for Interventionist Non-Intervention

Both Trump’s Iran war and the closely connected Israeli war for Jewish hegemony across the Middle East (termed “Permanent Security” in Israeli military vernacular) are unravelling fast. Iran is standing defiant in the face of Trump and Israel’s threats, leaving Trump gambling the entire US economy and its global strategic standing on conjuring up a […]

Governor Powell By Philip Marey, senior US strategist at Rabobank Summary As widely expected, the FOMC remained on hold. Governor Miran dissented again because he wanted a rate cut. However, there were also three dissenters (Hammack, Kashkari and Logan) who wanted to remove the bias toward cutting from the statement. On balance, Powell said that the center of the Committee was moving toward a more neutral place in thinking about cuts versus hikes. Powell announced that this was his last press conference as Chair, but he would stay on as a Governor until he thinks...

According to Oxford Economics, an independent economic advisory firm, in late March the price of the two main fertilizer ingredients, ammonia and urea, spiked 20% and 50% respectively in response to disruptions in the Persian Gulf. Now that Iran has established a blockade and tolling system in the Strait of Hormuz in response to the United States […]