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"Optimism Has Picked Up": Retail Operators See Consumer Relief After Gas Prices Tumble
"Optimism Has Picked Up": Retail Operators See Consumer Relief After Gas Prices Tumble
As soon as the national average for 87-octane gasoline at the pump dipped below the politically sensitive $4-a-gallon level early last week, we observed multiple institutional desks begin to forecast that the light at the end of the tunnel was beginning to materialize for consumers, especially working-class households that have been financially battered by surging fuel prices over the past several months.
UBS analyst Mark Paski told clients about "early signs of a turn in U.S. consumer discretionary."
Then,...
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Apr 11, 2026 / Tyler Durden
Trump Announces Start Of "Clearing Out" The Strait As A "Favor" To RoW As 'Indirect' Talks Begin With Iran
Trump Announces Start Of "Clearing Out" The Strait As A "Favor" To RoW As 'Indirect' Talks Begin With Iran
Summary:
President Trump announces start of "clearing out the Strait" as a favor to the rest of the world as two U.S. Navy guided-missile destroyers passed without incident.
Peace talks in Pakistan begin in indirect format, led by Vance and on Iran side - Ghalibaf, Arachchi.
Saturday sees more Israeli strikes on Lebanon, with Hezbollah supporting Pakistan talks but rejecting 'separate deal' directly with Israel.
Trump on talks and potential bigger future attacks on Iran: "You don’t need a backup...
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Jun 12, 2026 / Tyler Durden
US Pulling Large Chunk Of Jets, Refueling Tankers From NATO Defense, Realigning Further East
US Pulling Large Chunk Of Jets, Refueling Tankers From NATO Defense, Realigning Further East
In a move that surprises absolutely no one paying attention, the United States is planning to significantly slash the number of fighter jets and warships it feeds into the NATO machine in Europe, the New York Times reported Thursday.
The reported cutbacks hit right as panicked European nations scramble to patch up their own defense capacities. Though long expected given President Trump's somewhat adverse relationship with the NATO alliance, and fiercely critical rhetoric continuously directed at Brussels,...
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May 4, 2026 / Dave DeCamp
Iranian Media: Attack on UAE Oil Facility Result of US ‘Adventurism’ in the Strait of Hormuz
Iranian media reported on Monday that the attack on oil facilities in the UAE’s port of Fujairah was the result of US “adventurism” in the Strait of Hormuz. “Iran had no pre-planned intention to attack the Fujairah oil facilities,” an Iranian military official told the Iranian broadcaster IRIB. “The incident resulted from US military adventurism […]
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