Bessent Examining Use Of Frozen Iranian Assets To Help Gulf Countries Rebuild

Piper Sandler's Top Economist Sees "Big Bounce" In Consumer Sentiment As Gas Prices Tumble Building on last week's theme of "early signs of a turn in U.S. consumer discretionary," Piper Sandler analysts note that the sharp decline in gasoline prices at the pump is beginning to lift consumer sentiment, particularly among lower-income households. Their proprietary daily confidence data suggest the rebound is still in the early innings, but the direction is clear: cheaper gas is easing pressure on working-class folks. Piper Sandler's chief global economist and head of the firm's economics...

Intervention begets intervention. This was the case following the American Revolution, as the consequences of inflation, credit expansion, and wartime disruptions set up for the depression of 1784 in peacetime.

The completely unprovoked attack on Iran initiated by the United States and Israel has, after a little more than a week of military action, opened a new depth of geopolitical insanity. As suspected, the attack was all about protecting Israel while also minimizing the damage to US military, intelligence and diplomatic facilities in the Persian […]