Trump's Project Freedom Likely Triggered By Oil Market's One-Month Countdown To Chaos

The Chinese Foreign Ministry on Tuesday strongly condemned the US military blockade on Iranian ports as “dangerous and irresponsible” and warned that it risks the very fragile ceasefire between the US and Iran. “With the temporary ceasefire agreement still in place, the United States ramped up military deployment and resorted to a targeted blockade. This […]

Rising Venezuelan Oil Exports Help Insulate The US From Energy Crisis If the primary purpose behind the Trump Administration's snatch-and-grab operation against the illegitimate president of Venezuela, Nicolás Maduro, was not readily apparent in January, it should be crystal clear today.  Under Maduro, around 75% of the country's energy exports were going to China.  This year, the US will be receiving around 50% of the oil supply while China's share is reduced to 10%.    The stunning shift in the direction of oil shipments is helping to insulate the US from shortages caused...

Inflation Fears Plummet As UMich Sees Democrats' Confidence Pick Up In February After rebounding strongly in preliminary February data (as Democrats came to their senses over the fearmongered Trump tariff-flation), the final UMich sentiment survey print slipped lower with the headline lowered from 57.3 to 56.6. Both Current Conditions and Expectations were lower than the flash print with the latter falling to 2 month lows and the former holding at 4-month highs... Does anyone else think its weird that all the numbers were exactly the same at 56.6 Source: Bloomberg Democrats and Republicans...