The Strait of Hormuz disruption has done something unusual: it pushed oil above $100, stoked inflation, and removed the “rate cut eventually” floor from metals. Gold can’t play its traditional dual role as both an inflation hedge and a rate-cut beneficiary when the Fed is forced to stay hawkish. That’s
Elon rescued the astronauts from their eight day trip eight months later. Boeing was unable or incapable or instructed not to – who knows, I certainly don’t. Glad they are back. Interesting to note was the news passed by with much less fanfare than expected and where it was broadcast
Thinking of the debt ceiling, I see the waste and ‘lost’ funds, I shake my head in horror. When literally billions and trillions ‘go missing’, my disbelief grows exponentially. When my $600.00 is tracked and prosecuted to the n’th degree, the only way that missing funds can happen is on
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