Sanctioning the Dollar Iran Already Left: Why Bessent’s ‘Economic D-Day’ Is Toothless

Don't Trust The Midterm Polls Authored by Victor Davis Hanson via The Epoch Times, This is a lightly edited transcript of an Aug. 24 segment of the "Victor Davis Hanson: In His Own Words" podcast. Let's have a periodic check on the status of the midterms that we're now less than 80 days away from. The Democrats are riding high. They feel that historical trends, i.e., 39 out of the last 41 midterms, the party in the White House loses seats, and there's not very many seats Republicans can afford to lose,...

'Thought People Hated Him': Trump Surprised Iranians Are Crying At Khamenei's Funeral Amid Massive Turnout President Trump this weekend mused in an interview with Axios that so many people and officials are currently gathered for Iranian Supreme Leader Ali Khamenei's funeral in Tehran that they could all be taken out in one fell swoop. "They are all there. One shot [and we can take them all out], but we are not going to do that because then we would have nobody to negotiate with," Trump said. AFP via Getty Images He again emphasized that...

Stocks Jump, Oil Tumbles After IEA Calls Extraordinary Meeting To Decide On SPR Release With oil reversing much of the overnight losses as we neared the start of US cash open trading, futures slumped and it felt like we were back to square one.  That's when the jawboning out of the G7 members - many of whom are already at their breaking point in terms of soaring input costs - decided to double down on the jawboning rhetoric from yesterday - and hinted strongly that an SPR release could be imminent.  The...