Russia Profits as US‑Israeli War Spikes Commodity Prices
I spoke with @afshinrattansi on @GUnderground_TV on why Russia is BENEFITTING from the US-Israeli war on Iran: “Russia is an exporter of oil, fertilizer, helium, and aluminum. With the onset of the war on Iran, prices of all these commodities have SOARED." https://t.co/XPvpiq3NV0
India Loses AI-Driven Market Lead to Taiwan, South Korea
#IndiaWatch🇮🇳: India’s stock market was worth more than 2x Taiwan’s and 3.5x South Korea’s just 18 months ago. Today, FT reports that both Taiwan and South Korea have OVERTAKEN India. INDIA'S MISSED THE AI PARTY. https://t.co/svCrdvJhVS
Inflation Looms as Trump's Major Political Weakness
I spoke with @davidlin_TV about America's inflation problem: “The inflation genie is out of the bottle in the US and it's not going to be put back anytime soon. This will be one of Trump's big Achilles heels… He's going to...
Depleting Inventories Set up Summer Oil Price Surge
Oil prices are "high." The depletion of inventories has kept them from going higher. But when we reach the bottom of the barrel later this summer, the 2nd leg of the energy shock will hit. THE OIL-PRICE SPIKE CLOCK IS TICKING....
Bond Vigilantes Awaken as 10‑Year Yields Near 4.5%
I spoke with @davidlin_TV about the state of the US bond market: “The 4.5% threshold is pretty serious. If we stay up over 4.5% on the 10-year on a sustained basis, the bond vigilantes will have their day in the sun.” THE...
Hormuz Closure Sparks Major US Supply‑Chain Crisis
The Strait of Hormuz closure is proving to be a MAJOR PROBLEM for US corporations. Supply-chain bottlenecks are rising, delivery times are slowing, and firms are tying up more capital in inventories. THE US-ISRAELI WAR ON IRAN = MAJOR DAMAGE. https://t.co/D7vUQ6nIJ0
Iran's War-Driven Inflation Hits 116% and Rising
I spoke with @MarioNawfal on Iran’s real inflation rate under war conditions: “I just measured it yesterday, and it’s 116% and going up.” https://t.co/28OQlhWlsE
BoJ Tightening Misaligned with Japan’s Low Money Growth
The BoJ is expected to raise rates and tighten monetary policy. Tightening would be a bad move. Japan’s money supply is growing at 2.3%/yr, WELL BELOW Hanke's Golden Growth Rate of~6.07%/yr, a rate consistent with Japan’s inflation target of 2%/yr. JAPAN =...
Putin Invading Western Ukraine Would Be Foolish, Says Mearsheimer
Distinguished UChicago Prof. John Mearsheimer on why President Vladimir Putin is unlikely to invade western Ukraine: “Putin invading western Ukraine would be like trying to swallow a porcupine. It would be remarkably foolish.” https://t.co/cQCbsgT5PW
Trump’s New Section 301 Tariffs Hit 86 Nations, Burden Americans
Tariff Man Trump's reciprocal tariffs were deemed to be illegal by the US Supreme Court. Now, Trump is trying another angle. He is using section 301 of the US Trade Act to impose tariffs of 10-12.5% on 86 countries. TARIFFS ARE...
Rial Dips Short‑term, Still up 10.6% Monthly
Over the past 5 days, the Iranian rial has struggled, depreciating 2.3% vs. the USD. But, the rial has still APPRECIATED 10.6% vs. the USD in the past month. https://t.co/ji51KsWPtD
Eurozone Inflation Hits 3.2%, Third Month Above Target
Eurozone inflation comes in at 3.2%/yr in May. That's ABOVE its target inflation of 2%/yr. Eurozone's inflation has now been above its target for THREE consecutive months. https://t.co/T5d5nSuZxI
War on Iran Fuels Oil Surge to $94
Crude oil (WTI) jumped to $94 a barrel today. US-Israeli war on Iran is WREAKING HAVOC and SUPERCHARGING A COMMODITIES SUPERCYCLE. https://t.co/a0VHfTkeWB
Think Thoroughly, Then Stand Firm in Your Decision
"Think 100 times before you take a decision. But once that decision is taken, stand by it as one man." -- Muhammad Ali Jinnah https://t.co/DQi4OQyp9f
Thailand's Inflation Steady as Money Growth Hits Golden Range
Thailand's inflation comes in at 2.9%/yr in April. Thailand’s Broad Money is growing at 5.8%/yr. That is WITHIN Hanke’s Golden Growth Rate of 5.4-7.4%/yr, a rate consistent with Thailand’s inflation target of 1-3%/yr. THE INFLATION STORY = A MONEY SUPPLY STORY. https://t.co/bS8N74o0XL