Blame The Parents...

Russian strikes pounded Ukrainian cities on Tuesday, killing at least 10 civilians, attacks that came a day after Ukrainian drones killed 13 civilians in the Russian city of Nizhnekamsk. According to The Associated Press, three people, including a 15-year-old boy, were killed by drone and artillery attacks in Ukraine’s Dnipropetrovsk region. A steel company in […]

"Old Economy Is Taking Revenge": Jeff Currie Warns Fuel Squeeze Is Driving Structural Inflation Former Goldman Sachs commodities chief and current Real Macro head Jeff Currie joined CNBC earlier Thursday to discuss all things commodities, warning that the latest Brent crude rally above $107 a barrel is becoming harder to dismiss as a temporary shock, with renewed Chinese buying and soaring refining margins (US diesel crack spread now $110 a barrel) signaling deeper pressure across physical commodity markets. Currie warned that traders are underestimating an inflation cycle driven by years of...

In a famous Supreme Court one-liner, reminding the legal community of the finality of the court’s rulings, the late Justice William J. Brennan Jr. is reputed to have said that the Constitution means whatever any five of us say it means. This reflects the basic math that five is a majority of nine. It also […]