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ZeroHedge Debate: Sankey Predicts 2028 Oil Futures Will Feel The Pain Soon
ZeroHedge Debate: Sankey Predicts 2028 Oil Futures Will Feel The Pain Soon
The damage inflicted on global energy infrastructure during the Iran war could have consequences lasting well beyond the conflict itself, according to veteran energy analysts Paul Sankey and Arjun Murti, who joined Erik Townsend for last night’s ZeroHedge Debate.
An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018. Picture taken July 4, 2018. REUTERS/Stringer/ File PhotoSankey predicted that 2028 crude futures will see large moves upward as markets adapt...
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Federal Judge Orders DHS Not To Obey Order From Another Judge
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Authored by Zachary Stieber via The Epoch Times,
A federal judge on July 8 said the Trump administration must not comply with an order from another federal judge and must continue to have key functions of an immigration database disabled.
The Department of Homeland Security building in Washington on March 25, 2024. Madalina Vasiliu/The Epoch Times
Judge Sparkle Sooknanan of the U.S. District Court for the District of Columbia said that officials with the Department of Homeland Security (DHS) and other agencies...
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Bombshell Report Exposes Lefty NGOs Funding A Children's Charity Tied To Terror Network
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Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over
Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over
Tl;dr: No rate change (as expected) but a dramatically hawkish shift in The Fed's bias (9 members seeing at least one hike this year). Statement smilled down dramatically, also biases towards hawkish focus on price stability (inflation) over employment: "The Committee will deliver price stability".
“The market is focused on the dot plot for now, with half the committee thinking there will be hikes. The bear flattening seems reasonable based on that. Those who looked for a...
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