Record Highs: Should You Chase The Rally?

Trump Announces One-Time $90 Payments To 20 Million Seniors In Medicare Authored by Aldgra Fredly via The Epoch Times, President Donald Trump announced on Oct. 2 that his administration would issue one-time $90 payments to more than 20 million seniors enrolled in Medicare. A file photo shows a federal Medicare office. Spencer Platt/Getty ImagesTrump said the payments were meant to help seniors cover Medicare premiums and would come from the Medicare Improvement Fund, which Congress has allocated $2 billion to improve Medicare's fee-for-service program but has never been used, according to a...

Cement, Drugs, And Oil - How The Iran Conflict Could Disrupt Global Supply Chains Authored by Andrew Moran via The Epoch Times (emphasis ours), The conflict in Iran could have consequences for international trade that extend beyond oil and gas. It has been less than a week since the start of the U.S.–Israeli operations in Iran, and oil tanker traffic in the Strait of Hormuz—a key global chokepoint for energy shipments—has come to a screeching halt. Approximately 200 oil tankers have been stranded in the Gulf, according to data from Lloyd’s List...

Kazakhstan Restarts CPC Oil Exports After Week-Long Black Sea Shutdown Kazakhstan has resumed crude exports through the Caspian Pipeline Consortium (CPC) on Monday after the operator reopened its Black Sea marine terminal and resumed accepting crude from producers following a week-long suspension triggered by drone attacks, Kazakhstan’s Astana Times reported.  Two tankers were loading crude from the Chevron-led Tengizchevroil project at the Novorossiysk terminal, while producers resumed delivering oil into the CPC pipeline system, Kazakhstan’s Energy Ministry said according to OilPrice.com. The ministry added that export operations would continue subject to...