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Massive Life Support
Massive Life Support
By Benjamin Picton, Senior Markets Strategist At Rabobank
Massive Live Support
“On massive life support” was Donald Trump’s characterization of the US-Iran ceasefire yesterday. This followed Sunday’s rejection of Iranian terms for peace that Trump described as “totally unacceptable”. In a boy-who-cried-wolf-style sign of growing market insensitivity to Presidential prognostications, Brent was only up 2.88% to $104.21/bbl and WTI crude remains below $100/bbl. Dated Brent rose by 0.6% yesterday to $105.62. This even as the Wall Street Journal reports that the UAE has been “secretly” carrying out attacks on...
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Oct 1, 2026 / Tyler Durden
Global Crop Prices Log Biggest Quarterly Jump Since Ukraine Invasion As Sticky Inflation Hits Grocery Bills
Global Crop Prices Log Biggest Quarterly Jump Since Ukraine Invasion As Sticky Inflation Hits Grocery Bills
The Bloomberg Agriculture Spot Index (BCOMAGSP) posted its largest quarterly gain since Russia invaded Ukraine in early 2022, as Black Sea disruptions, a crisis in the Strait of Hormuz, and mounting El Niño risks have formed what could be considered a perfect storm poised to drive food prices higher.
BCOMAGSP, which tracks 10 major crops including corn, soybeans, wheat, coffee, sugar, cotton, cocoa, and others, jumped 13% in the third quarter.
Among individual movers, corn...
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Mar 21, 2026 / Tyler Durden
The State Will Always Socialize The Cost Of War
The State Will Always Socialize The Cost Of War
Via The Libertarian Institute
War is often sold to the public as an act of national will: decisive, necessary, and under control. The bill arrives later, in a quieter form. It shows up in insurance markets, shipping rates, emergency guarantees, higher fuel prices, and sudden policy reversals designed to keep the economic damage from spreading too far or too fast. That is what is now happening with the U.S.-Israeli war on Iran. The fighting is not only destroying lives and widening instability....
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Apr 16, 2026 / Kyle Anzalone
Trump Argues Warrantless Surveillance Is Needed to Secure America
President Donald Trump said Congress must extend Section 702 of the Foreign Intelligence Surveillance Act (FISA) even if it means giving up “rights and privileges.” Section 702 allows for the collection of Americans’ data without a warrant. In a post on Truth Social, Trump urged House Republicans to reject any amendments to the legislation that […]
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