Could Deep Blue California Elect A Republican Governor?

Silt, Anchovies, And Economic Disaster Authored by Matt Badiali via DailyReckoning.com, Silt and anchovy scales. Sometimes the greatest scientific discoveries start with the simplest things. Today, meteorologists are worried about a severe global event. It’s part of an atmospheric pattern that wasn’t recognized until the late 1960’s. But it has had major economic impact over the decades. And it will have an impact this year if it’s as bad as predicted. But the story starts with marine mud and frustrated fishermen. Geologists saw something odd in sediment cores taken off the West coast of South...

Xi Says "Global Order Crumbling Into Disarray" As Trump Turns Up Pressure Campaign On China President Trump's four-and-a-half-month crusade across the Western Hemisphere, and now into the Middle East, increasingly looks like a massive blitz to acquire - or control - energy assets and maritime chokepoints as part of a broader economic pressure campaign against China, which depends heavily on the Gulf and Venezuelan crude.  "Chokepoint after chokepoint: the administration is methodically building a portfolio of assets that they are stacking against China: the Panama Canal, which is the only exit...

WTI Rises After Big Inventory Drawdowns Across Energy Complex, Huge SPR Drop, Record Exports Oil largely held onto a sharp drop from this week’s highs as the US and Iran seek further talks to end a war that has brought the vital Strait of Hormuz waterway to a near-halt. President Trump told a Fox Business anchor he sees the war “very close to over” and told ABC “you’re going to be watching an amazing two days ahead.” The global oil market has been jolted by the conflict, which triggered an unprecedented supply...