Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
(Zero Hedge)—In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and...
Coincidence? Oil Jumps After Explosion and Massive Fire at One of the Largest US Oil Refineries
(Zero Hedge)—An explosion and large plumes of smoke at the Valero refinery in Port Arthur prompted officials to order west-side...
Moody’s Cuts New York City’s Rating Outlook Despite Mamdani Protests
The only surprise is that the move came so late. With New York City facing a historic fiscal crisis courtesy...
Trump Team Brokers Gold Deal With Venezuela: Up to 1,000 KG Headed to U.S. Markets
(Zero Hedge)—As things continue to pop off in the Middle East, the United States is still focused on Venezuela -...
Anthropic in Chaos: CEO Tries to Salvage Pentagon Contract After Slamming Trump, Altman in Leaked Letter
(Zero Hedge)—Things over at Anthropic are getting wild. On Friday, the Trump administration 'fired' the woke serial copyright infringer, industry disruptor and software-engineer-extinctor after a...
OPEC+ Agrees to Boost Oil Output as US War on Iran Disrupts Shipments
(Zero Hedge)—On Sunday, OPEC+ agreed to boost oil output by 206,000 barrels per day for April just as the U.S.-Israeli war...
If You’re Freaking out About a Future Jobless AI Dystopia…
(Zero Hedge)—Amid an armada of dystopian futurists, projecting linear thoughts into a future of 'AI uber alles', Marc Andreessen stands...
What War With Iran Could Mean for Markets Monday
(Zero Hedge)—Tl;dr: Bloomberg macro strategist, Michael Ball, warned that President Trump’s urging of Iranians to overthrow the government gives Saturday’s US and...
CCP-Linked NGO Network Prepares “Emergency Protests” in US After Trump’s Iran Strikes Jeopardize Oil Flows to China
(Zero Hedge)—TL;DR, while we find the actions of the Trump administration disappointing - based on their campaign promises vs. reality -...
If ‘Cash Is King’, Berkshire Hathaway Leads the World
(Zero Hedge)—The cash that companies hold is important for paying employees, funding operations, and as a measure of financial health....