Futures Tumble As Yields Hit Multi-Decade Highs, Oil Surges

Trump To Declare Iran War Wind-Down As Iranian President Issues Open Letter To Americans Summary Trump to declare Iran war is winding down and others need to resolve Hormuz Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for Israel” willing to fight “to the last American soldier.” Air defenses have been activated in Dubai, taking out 5 ballistic missiles and 35 drones launched from Iran Iran's new Ayatollah tweets "I emphatically declare that the consistent policy of...

Macroeconomic Data Is Really A Tool For Government Intervention Authored by Frank Shostak via Mises Institute, It is common for commentators and economists to refer to something called the "economy," which sometimes performs well and, at other times, poorly. The "economy" is presented as an entity apart from individuals. Within this framework, the "economy" is assigned paramount importance, while the role of individuals is barely mentioned. It must be realized that, at no stage, does the so-called "economy" have a life of its own, independent from individuals. According to this way of...

IRGC Navy Turns Back Containership Seeking Hormuz Passage As Iran Starts Charging $2 Million Toll Amid reports of increasing traffic through the Strait of Hormuz, Alireza Tangsiri, a commander of the Islamic Revolutionary Guard Corps Navy, said on X that the containership Selen was turned back by the IRGC Navy for "failing to comply with legal protocols and lacking permission to transit the Strait of Hormuz." Needless to say, that is an upgrade from firing missiles at it. کشتی کانتینربر SELEN به دلیل عدم رعایت پروتکل‌های قانونی و نداشتن مجوز عبور از #تنگه_هرمز،...