Anyone buying food or computers these days is in for a shock.
This is what has happened in every Republican administration in my life. Americans never learn.
Anyone buying food or computers these days is in for a shock.
This is what has happened in every Republican administration in my life. Americans never learn.

KPMG warns stagflation risks escalate as Strait of Hormuz closure threatens oil supplies and critical economic inputs, potentially forcing Federal Reserve into difficult policy decisions with rate hikes likely in second half despite employment concerns
But those moves were being reversed on Thursday after Trump’s speech as traders who had added risk this week were swiftly exiting those positions, bracing for a prolonged #energy shock to spur worry over #stagflation - rapid #inflation with slow growth.
#TrumpsWar #IranWar #US #Iran #Israel #war #Trump #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #affordability #CostOfLiving #oil #EnergyCrisis
Japan holds 254 days of oil in reserve. After the record release, 209 remain. Real runway to the IEA floor: four months.
There is no strategic reserve for aluminium. A Japanese carmaker says four months to production cuts.
The market is pricing duration. It is not pricing resolution.

Economist Nouriel Roubini warns President Trump likely to escalate Iran conflict despite political pressures, citing risk of 1970s-style stagflation if Strait of Hormuz remains blockaded or Gulf oil facilities attacked, though markets not fully pricing in this tail risk scenario