The Road Ahead

Mises Editor-in-Chief Ryan McMaken explains how the new Fed chairman faces a political problem with rising prices and the fact the Fed keeps fueling the inflation fire.

Traders Are Shorting Oil As If The Hormuz Crisis Is Over Authored by Tsvetana Paraskova via OilPrice.com, Oil traders are increasingly betting on lower prices, with short positions in Brent crude tripling since late March despite the loss of roughly 13 million bpd of supply from the Middle East. Physical market fundamentals are tightening rapidly, as global inventories have fallen by about 250 million barrels and key storage hubs like Cushing are approaching critically low levels. Analysts warn the market may be underestimating supply risks, with even a reopening of the Strait of...

Influenza Vaccine Effectiveness Lower In Recent Months, Preliminary Data Show Authored by Zachary Stieber via The Epoch Times (emphasis ours), The effectiveness of vaccines against influenza dropped during the 2025–2026 virus season, officials said on March 12, about two months after the Centers for Disease Control and Prevention (CDC) stopped recommending flu vaccination for all children. An influenza vaccine in a doctor's office in Coral Gables, Fla., on Sept. 15, 2025. Joe Raedle/Getty Images Vaccine effectiveness for late 2025 and early 2026 against outpatient visits and hospitalization was pegged at 14 percent to...