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GDP Shocker: 75% Of US Growth In The First Quarter Was Due To AI

GDP Shocker: 75% Of US Growth In The First Quarter Was Due To AI On the surface, today's Q1 GDP print was unremarkable: Real GDP grew 2.0% annualized in the first quarter, somewhat below consensus expectations of 2.3% and reflecting a surprisingly small rebound in government spending after the shutdown drag in Q4. Federal government spending contributed only half as much to real GDP growth in Q1 (+0.6%) as it subtracted in Q4 (-1.2%), implying that the level of real federal government spending in Q1 is 2.2% below its level...
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Aug 28, 2026 / Tyler Durden
"Dark" Tanker Fleet Shatters Iran's Hormuz Stranglehold As Gulf Oil Exports Top Two-Thirds Of Pre-War Level
"Dark" Tanker Fleet Shatters Iran's Hormuz Stranglehold As Gulf Oil Exports Top Two-Thirds Of Pre-War Level Brent crude futures initially jumped overnight after The Wall Street Journal reported that President Trump has no interest in reviving the memorandum of understanding (interim peace deal) reached with Iran in June. The war-risk premium in Brent has since faded in New York premarket trading amid mounting developments this week that major Gulf producers, including Kuwait and Qatar, are increasing tanker flows through the Strait of Hormuz. Emerging diplomatic traction between Oman and Iran...
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May 30, 2026 / Tyler Durden
The Market's Biggest Buyer May Be Disappearing
The Market's Biggest Buyer May Be Disappearing Submitted by QTR's Fringe Finance Yesterday, as part of laying out the two paths I can see the economy taking, I wrote that beneath the surface, the American consumer is tapped out. The average consumer - AKA the "retail investor" - has been a key in driving the stock market higher the past half decade. This morning, I noticed two reports that came out yesterday that add to the conclusion that this "retail investor" looks increasingly broke.  Yesterday The Wall Street Journal highlighted how rising prices and the highest...
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Jul 28, 2026 / Alastair Crooke
The War’s Back is Broken
Trump ordered the US military not to carry out new strikes on Iran Friday night, despite approving earlier a “Gates of Hell massive attack” on Iran. The US has now requested a new temporary ceasefire with Iran and is seeking a return to the collapsed and suspended MoU, with discussions to include Yemen, and with Trump seeking to make […]
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