Trump Says No Talks Scheduled With Iran, Claims Strait of Hormuz Is Open Despite Ship Attacks

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...

"Stop This Ridiculousness": Maryland Sheriffs Unite Against Unhinged Democrats Maryland sheriffs from across the deep blue state traveled to Annapolis on Wednesday to voice outrage over unhinged Democrats who control the state under one-party rule and continue pushing extremely unpopular policies that protect illegal aliens. "This is nothing more than POLITICS over PUBLIC SAFETY!" Wicomico County Sheriff Mike Lewis told reporters. He blasted left-wing immigration legislation in the General Assembly to block ICE cooperation with local law enforcement. Lewis continued, "We, as elected sheriffs, are FED UP with it! You don't see...

Trump Red Line: No Sanctions Relief Unless Iran Gives Up Uranium; US Rejects 'Fabricated' Peace Framework By Iranian Side Summary Trump red line (PBS): "No, no, not at all. Not sanctions relief, no" - unless Iran gives up its enriched uranium. "Iran negotiating on fumes," Trump says in cabinet meeting. White House rejects 'complete fabrication' of Iranian TV reporting on MOU and draft deal status. IRGC keeping up the rhetoric: warns that Iran would "turn the area from Chabahar to Mahshahr into a graveyard for aggressors" if the ceasefire collapses. CENTCOM: "Clearly the Iranians are...