ZeroHedge Debate: Sankey Predicts 2028 Oil Futures Will Feel The Pain Soon

"Zero Hormuz Dependency": UAE Races To Rewire Energy Flows, Bypassing Chokepoint Chaos The shuttered Strait of Hormuz is expected to reopen within days, though conflicting reports suggest the US-Iran memorandum of understanding could be formally signed as early as today, Thursday, or Friday. Either way, the interim peace deal appears likely to be signed within the next 48 hours, setting the stage for energy flows through the critical maritime chokepoint to begin normalizing, a process that could take many months. The broader takeaway is that buyers of crude, refined...

Opposite What You're Told, Markets Don't Wait For The Fed Authored by Shahid Islam via RealClearMarkets, Financial commentary often makes monetary policy sound mechanical. The Federal Reserve raises interest rates, borrowing costs rise. The Fed cuts rates, borrowing costs fall. History is considerably messier. Beginning in June 2004, the Federal Reserve raised its federal-funds target 17 consecutive times, taking it from 1 percent to 5.25 percent. What happened to the 10-year Treasury yield? It averaged 4.73 percent in June 2004. By February 2007, after the Fed had raised its target by 4.25 percentage points, the...

In a genuinely liberal framework, limited government, fiscal restraint, and legal clarity are not episodic accomplishments. They are the enduring foundations of a social order.