The United Nations Has Run Out Of Alibis

In an effort to make the latest Israel-Lebanon ceasefire agreement seem like it was doing something more than the half dozen that came before, there was talk during negotiations of Israel agreeing to “symbolic” withdrawals from small segments of Lebanon as a good faith gesture. It wouldn’t impact the overall occupation, but it’d be something […]

Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey Ahead of tomorrow's jobs report which is expected to show a substantial slowdown from last month's 178K surge, moments ago we got another reminder that the stagflationary iceberg remains front and center ahead of the US, after the NY Fed's latest monthly survey of consumer expectations reported that Inflation expectations at the one-year horizon rose again to 3.64% in April from the previous month’s 3.42%, the highest since September 2023. Inflation expectations were unchanged at 3.15% for...

President Donald Trump warned Americans that gas prices may continue to increase through the midterm elections later this year. The war against Iran has caused substantial disruptions to the oil market.  When asked about the possibility that gas prices will continue to increase, the President said, “It could be, or the same, or maybe a […]