Hormuz Tanker Traffic Plunges After Fresh US-Iran Strikes

US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb) At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected - and dragging YoY growth in IP down to +0.74%) is bad news... suggesting immediate impacts from the war are being felt and sparking headlines decrying President Trump's actions. Source: Bloomberg However, while we agree that the decline is notable, the fact that February's data was revised drastically higher, from +0.2% to +0.7% MoM, means that over the two...

US & Iran Set For New Talks, Trump Says, Hours After Tehran Denied Plans Due To Days Of Hormuz Attacks After some persisting Sunday reports, including in The Wall Street Journal, said that last week's renewed tit-for-tat fighting between the US and Iran in the Strait of Hormuz had 'stalled' the next round of talks, President Trump stated on Truth Social Monday that a meeting on Iran would be held in Doha Tuesday. He stipulated that Iran has requested the talks. "Iran has requested a meeting. It will take place tomorrow in...

A Social Media Ban For Minors Requires Data From Everyone Authored by Luke Nelson and Mike Campbell via The Epoch Times, In debating a social media ban for minors, it appears we face a choice between two perceived harms. One is the reported damage that social media is doing to the mental health of children and adolescents. The other is the normalization of mass age verification systems—most likely involving biometrics—that would apply to everyone, not just minors. This carries real risks of privacy invasion, data breaches, and future mission creep. There is little...