Is It Time For Von Der Leyen To Go?

Iran Conflict Spotlights Nuclear Energy As Key To Global Energy Security The ongoing disruptions tied to Iran’s energy infrastructure and the Strait of Hormuz, have once again exposed the fragility of global oil supplies. As oil prices swing on geopolitical headlines, the founder and executive chairman of Nano Nuclear Energy, Jay Yu, underscored the critical alternative during a recent Fox Business appearance: nuclear power offers “consistent baseload energy”, while oil remains “a finite commodity” vulnerable to conflict. Jay Yu emphasized that the current spotlight on nuclear is drawing “institutional investors, and...

US Housing Starts Collapsed In May To Lowest Since COVID With housing inventories at recent highs, the US housing market just suffered another sentiment setback as Housing Starts crashed by 15.4% MoM in May (far worse than 2% drop expected and worse since March 2024)), following a revised 8.5% MoM drop in April. Building Permits slipped 0.7% MoM (in line with expectations)... Source: Bloomberg That pulls the Housing Starts SAAR to its lowest since COVID (after reaching the highest since 2024 in April)... Source: Bloomberg Under the hood, it was multi-family (rental) starts that...