Iranian Incentives Mirror Bessent’s Stated Oil Price
in fairness this is the only correct answer, if Bessent says "$xyz" then the Iranians have every incentive to act in a manner that drives oil prices to "$xyz"
Option Volume up 5%, Calls Lead, IV Split Across Stocks
From @Cboe: Monday's option volume of 72.4M contracts was 5% above recent average levels, with calls leading puts 8 to 7. Among the 500 most liquid single stocks, 30-day IV was higher for 256 and lower for 199.
Boomers' Ladder Pull Shrinks Labor's Share of GDP
This is one of the many consequences of boomers pulling up the ladder on the American dream. The drop in labor's share of GDP over the years says it all. https://t.co/yx32ZJh5Ux
Oil Prices Plunge Over 20% Into Bear Market
"We survived you guys. Oil is in a bear market, down more than 20% from its highs." - @jschultzf3
War Fuels Fertilizer Crisis, Threatens Asian Economies
The war’s not stopping because of some pain at the American pump. The implications for global fertilizer markets (ammonia, sulphur) are probably going to be as big of a deal as the energy disruptions in several months. Asian economies are in...
Stagflation Signals Emerge as Oil Rises, Jobs Push Cuts
At a time when markets are pushing back Fed cut odds because of the oil spike, seeing jobs data that demands rate cuts leaves everyone unhappy. Stagflation, directionally. Not there yet but pointing that way.
Post‑COVID Dreams of Roaring Twenties Meet 1970s Reality
Post-COVID, there was hope for an another roaring 20s. It’s been more like the 1970s.
Iran Declares Hormuz Open, IRGC Hints Otherwise
The Strait of Hormuz may be open according to the Iranian government, but the IRGC seems to have different machinations. https://t.co/cvL7jYvGoa