Trump’s Fact-free Diatribe on the Price of Oil

Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom After Boomers and Gen X dragged The Conference Board Confidence measure down to eight month lows to end 2025, expectations were for a rebound to start 2026. Instead, January was a bloodbath with all the cohorts tumbling. Today sees February's data released with expectations for a rebound, particularly in expectations... and the consensus was right. The headline Consumer Confidence print rose from 84.5 (revised dramatically up to 89.0) to 91.2 (better than the 87.1 expected) Under the hood it was kind of crazy with the...

If prices are instrumental in providing needed information to market participants, then inflation can be seen as introducing static into the system, creating more uncertainty and leading to bad choices.

Several US Warplanes Damaged In This Week's Iranian Attack On Base In Jordan: Report The Iranian ballistic missile attack on an American base in Jordan this week ranks as one of the single biggest missile volleys sent over Jordan since the start of the US-led war. The Tuesday night into Wednesday attack targeted Muwaffaq Salti Air Base, multiple international reports say. Widely shared but unconfirmed social media videos appeared to show several direct impacts on the base. But at least some of the images have been authenticated by outlets like Dropsite...