Super El Niño, Hormuz Fertilizer Squeeze, Black Sea: Goldman Sees Upside Risk To Food Prices

Rebound In Used Luxury Watches Continues During the COVID-era flood of free money, from stimulus checks to the Federal Reserve's zero-interest-rate policy, luxury watch prices skyrocketed to the moon. But once that liquidity boom faded and interest rates were pushed sharply higher to rein in the inflation monster fueled by helicopter money, the secondary luxury market slid into a multi-year correction. Over the last year and a half, however, that downturn appears to have bottomed out (see here and here), with prices continuing to rebound. The Bloomberg Subdial Watch Index, which...

It has been reported that Lebanese President Joseph Aoun received assurances from the United States that Israel does not intend to carry out any new strikes beyond the yellow line assuming Hezbollah doesn’t attack. The report was followed with suggestions that Lebanon’s goal, then, was to convince Hezbollah to stop resisting. Israel, for its part, […]

The Bigger Problem That The Tim Walz NGO Scandal Has Exposed Authored by Edward Woodson via American Greatness, The Minnesota nonprofit fraud scandal, now expected to cost taxpayers more than $9 billion, is being dismissed by many as an isolated failure. However, this is far from the case, and writing it off as such would be a colossal mistake. What it actually revealed is a broader problem in the Swamp—that institutions claiming to represent others often operate with little accountability and then quietly drift away from the very people who are footing...