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Piper Sandler's Top Economist Sees "Big Bounce" In Consumer Sentiment As Gas Prices Tumble
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...
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Apr 3, 2026 / Tyler Durden
Has Concern Over Hormuz Made Us Forget The Red Sea?
Has Concern Over Hormuz Made Us Forget The Red Sea?
Authored by Gregory Copley via The Epoch Times,
Wartime concerns about the security of maritime energy traffic through the Strait of Hormuz—connecting the Indian Ocean/Gulf of Oman with the Persian Gulf—have overshadowed the fact that the related issue of Red Sea security is far from resolved and is, in fact, becoming more dynamic.
The Red Sea–Suez link between the Mediterranean and the Indian Ocean is of equal strategic importance to global trade as the Hormuz choke point and is, through geography and...
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Jun 8, 2026 / Dave DeCamp
Trump Says Iran and Israel Must ‘Stop Shooting’ After They Exchange Strikes
President Trump said on Monday that Iran and Israel must “stop shooting,” comments that came after Israel bombed Iran following Iranian strikes on northern Israel in response to Israel’s strikes on Beirut’s southern suburbs. “Israel and Iran must immediately stop ‘shooting.’ President DONALD J. TRUMP,” the president wrote on Truth Social. Israel launched strikes in […]
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Mar 6, 2026 / Tyler Durden
It Was All A Mirage: 2.5 Million Native-Born US Workers Were Just Revised Away
It Was All A Mirage: 2.5 Million Native-Born US Workers Were Just Revised Away
One of Donald Trump's core pre-election promises (along with cracking down on immigration and no more foreign wars) was to boost employment for local-born Americans at the expense of the record employment for foreign-born, mostly illegal, workers. And for a while it worked: four months ago, when discussing the September jobs report, we said that while the broader report was generally mixed, it was "indisputably strong when it comes to one thing: the rotation from foreign...
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