Wheat Spread Blows Out As Drought Chaos Plagues America's Breadbasket

On The Hidden Fragility Of Our Energy-Dependent World & The Cascading Consequences Of A Supply-Shock That Money Alone Can't Fix Authored by Milan Adams via Preppgroup blog, For a long time, I accepted the same framework most people in finance operate within—that the global economy is, at its core, a system governed by monetary policy, shaped by interest rates, and stabilized by central banks. It’s an appealing idea because it suggests control. If growth slows, you lower rates. If inflation rises, you tighten conditions. If markets panic, you inject liquidity. There is...

President Donald Trump announced on Truth Social that the United States would impose a total blockade of the Strait of Hormuz. In a second post, he claimed that talks with Iran collapsed because Tehran was unwilling to commit to not developing nuclear weapons.  “Effective immediately, the United States Navy, the Finest in the World, will […]

Waste Of The Day: Deficit Could Surpass $2 Trillion Authored by Jeremy Portnoy via RealClearInvestigations, The federal deficit will be $2.1 trillion when fiscal year 2026 ends on Sept. 30, the Congressional Budget Office projected in its monthly budget review. The deficit - the gap between what the government spends and what it collects from taxes and other revenue - has never surpassed $1.8 trillion, except during the Covid-19 pandemic. Key facts: Federal revenues are up 3% in 2026 compared to last year. Even though corporate income tax revenue has declined, income and...