Iran Reports One Killed in Attack on Iranian Commercial Ship Near Qeshm Island

Commodity Supercycle: The Enemy Of The Bull Thesis Authored by Lance Roberts via RealInvestmentAdvice.com, The commodity supercycle thesis is everywhere right now. Bank of America’s Michael Hartnett, one of the most widely read strategists on Wall Street, recently declared “commodities the biggest trade of the next five years,” anchoring the call on deglobalization, chronic capital underinvestment, and a world drifting away from dollar dominance. As is often the case, the narrative is extremely compelling. However, it’s also internally contradictory in ways that most investors aren’t stopping to examine. After three decades of managing money,...

The White House is threatening NATO allies Germany and France for refusing to release diesel fuel from their emergency inventories. “US officials said France and Germany could be cut off from future US diesel exports. Reuters first reported the US threat to its allies on Thursday after speaking with three people familiar with the discussions. […]

Understanding economics is the key to preserving civilization. This is because civilization itself is a consequence of choices.