Technological revolutions often coincide with speculative manias...

"The President is trying to exploit a little-known statute as a means for his tariffs and is again proceeding unlawfully..."

The Pentagon used a laser to shoot down what it thought was a ’seemingly threatening' drone operating near the U.S.–Mexican border...

Just before the Iran war which sent oil prices soaring, the US economy was in surprisingly good shape according to the latest NY Fed consumer expectations survey. 

“These hospitals aren’t, you know, having a ‘come-to-Jesus’ moment... that they realize this thing is wrong,”

The sequencing was deliberate...

President Trump told The Times of Israel that Iran was "going to destroy Israel and everything else around it"...

US staff draw down from Adana consulate, near NATO Incirlik air base...

Oil vey!!

These are the key levels to watch...

Between 2023 and 2024, 38 percent of job growth in New York was from the home health and personal care aide category.

"If they can afford the price of oil at $200 per barrel ..." 

"We agreed on following the situation very closely..." 

the key economic data releases this week are the CPI report on Wednesday and the durable goods and core PCE reports on Friday. Fed officials are in a blackout period so no speeches this week. 

For US equities, the bigger risk is a sustained period of severe oil disruption that weighs on economic growth...

“I’ve been inundated with calls..."

"...expand deconversion capacity, strengthen domestic supply chains, and advance a more efficient fuel-cycle model that operates from the same location."