$101.18/barrel - West Texas Intermediate oil
$106.89/barrel - Brent Crude oil
45,166.64 (-793.47|-1.73%) - Dow
31.05 (+3.61|+13.16%) - Volatility Index
The markets have apparently figured out that Trump's BS war is going to get a lot worse because he's a lot dumber than they thought.
Blink and miss: Trump’s tactic of threats first and U-turn later is proving stale in Iran war
By Eduardo Porter
President’s move, dubbed Trump Always Chickens Out, appears to have soured as he loses hold on situation in Iran
https://www.theguardian.com/business/2026/mar/27/trump-iran-strategy-taco
#USeconomy #USIsraelwaronIran #Stockmarkets #Business #Economics #Iran #Oil #Commodities #MiddleEastandnorthAfrica #Worldnews #EduardoPorter
@Captain_Jack_Sparrow The #USeconomy faces fundamentally different problems to those of #AI:
1. multiple decades old irrational levels of public debt, 2. an equally old deep social divide, 3. inflation and rising interest rates.
And on top of that there’s a so called president who lacks economic expertise and whose actions are exacerbating these 3 main problems: just look at the madness in Iran!
By comparison, investment in AI is simply irrelevant. 🤷
US mortgage rates climb to 6.38%, dampening housing demand significantly #MortgageRates #HousingMarket #USEconomy #RealEstate
https://meyka.com/blog/march-27-us-mortgage-rates-surge-to-638-six-month-high-hits-demand-2703/
I fully agree. Unfortunately, unless the UN has a mechanism for imposing meaningful sanctions on Western nations that profited from the African Slave Trade I don’t think anything meaningful will come from this. I can think of one nation in particular that will never accept any responsibility for its crimes…
#africandiaspora #slavery #uspol #USPolitics #EuropeanPolitics #useconomy #reparationsnow #capitalism

The U.N. General Assembly has adopted a resolution declaring the trafficking of enslaved Africans “the gravest crime against humanity” and calling for reparations as “a concrete step towards remedying historical wrongs.” The resolution also urges “the prompt and unhindered restitution” of cultural items to their countries of origin without charge. This includes artworks, monuments, museum pieces, documents and national archives. Wednesday's vote in the 193-member world body was 123-3, with 52 abstentions. Argentina, Israel and the United States were the three members voting against the resolution. The United Kingdom and the 27 members of the European Union were among those that abstained.