US Unleashes Another Wave Of Crude From Strategic Reserve As Gas Prices Soar

Forward Guidance Is Gone By Philip Marey, senior US strategist at Rabobank Summary As widely expected, the FOMC kept the target range for the federal funds rate unchanged and dropped its easing bias. However, this unanimous decision was announced in an unusually short statement. What’s more, at his first press conference as Fed Chair Kevin Warsh terminated forward guidance. However, the Summary of Economic Projections had already revealed that half of the FOMC participants (who submitted a forecast) expected to hike before the end of the year. Warsh did not submit his...

"The Same Monstrous Theme... Collectivism" Authored by Toni (@ToniLL22) via X, Ayn Rand was right when she wrote these words, and she is still right now. “Fascism, Nazism, Communism and Socialism are only superficial variations of the same monstrous theme: collectivism.” That is the part too many people refuse to understand. These systems may use different slogans. They may wave different flags. They may promise different futures. One may speak in the language of nationalism, another in the language of equality, another in the language of compassion, another in the language of revolution. But underneath the...

Trump Renews Threat Of Legal Action To New York Times Over Iran Coverage Authored by Owen Evans via The Epoch Times, U.S. President Donald Trump renewed his threat of legal action against The New York Times on June 21, accusing the newspaper of publishing "treasonous" coverage that downplayed the impact of the nearly four-month war with Iran. The New York Times Building in New York City on Feb. 5, 2024.Samira Bouaou/The Epoch Times "I will be adding all of their false and ridiculous reporting to my multi Billion Dollar lawsuit against them. They...