Is The Iran War Good For The Petrodollar?

The Coup Abides Authored by James Howard Kunstler, "Leftists can’t name & blame specific individuals for the 2024 loss because they’re an undifferentiated blob who function unconsciously according to enmeshed group think." - Aimee Therese on X In all the chatter about the Democratic Party’s 2024 election “autopsy” report you might have missed one little important detail: autopsies are generally performed on the dead. Stephen Colbert’s final week on CBS’s Late Night Show was the funeral. It was like the zombies’ ball. Poster-boy old Bruce Springsteen plugged a self-parody song about “King Trump” that...

The US Embassy in Baghdad on Saturday told all US citizens to leave Iraq due to drone and missile attacks launched by Iran and its Iraqi allies, which continue to target US assets across the country, as the US-Israeli war against Iran expands across the region. “Iran-aligned terrorist militias have encouraged and conducted indiscriminate attacks […]

Five Below Plunges After Earnings Beat, Warns Consumer Boost From Tax Refunds Is Ending Five Below's core customer base is tweens, teens, and value-conscious households. That makes management's warning on Wednesday's earnings call particularly notable: the retailer is directly exposed to trends in low-end discretionary spending. "We're looking at the world that our customers are living in: with rising fuel costs, with very sticky inflation, with a somewhat—soft labor market. And we think a piece of that pain that they are feeling wasn't felt in the first quarter purely because...