Can You Price In No Longer Pricing Things In?

IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World Authored by Rex Widerstrom via The Epoch Times (emphasis ours), The International Monetary Fund (IMF) says Australia is on track to have one of the highest inflation rates in the developed world. Australian dollars coins in Melbourne, Australia, on April 4, 2024. AAP Image/Joel Carrett In the latest edition of its World Economic Outlook, the global lender said economies around the world “face repercussions [from] the direct impact of higher commodity prices, indirect second-order effects on inflation expectations—which tend to...

China Wants Iran War End, Pushes 'Immediate' Hormuz Reopening During Araghchi Visit Ahead Of Trump-Xi Summit Iranian foreign minister Abbas Araghchi is currently in Beijing meeting with his Chinese counterpart, FM Wang Yi, and the timing of the visit sends a resounding message to Washington and the West. The highly anticipated Trump-Xi meeting is still scheduled for next week, expected for May 14-15, though there has been ample speculation the ongoing events of the unpredictable Iran war and Hormuz Strait crisis could derail the trip at the last minute. Of course,...

Thursday’s diplomatic negotiations (26 Feb) – for all the panglossian noise from mediators and negotiators – confirmed the essential impasse. The US demands presented to Iran were: These demands plainly were formulated to obstruct, rather than facilitate, any diplomatic solution. It reflects a strategy rooted in the viscerally-held presumption of Iranian weakness that, in the […]