Australia's Inflation Stays Above Target for Ninth Month
Australia's inflation comes in at 4.2%/yr in April. That's ABOVE its target inflation of 2-3%/yr. Australia's inflation has now been above its target for NINE consecutive months. https://t.co/4ZEfwH5RGu
Lloyd's Pricing Risk Stalls Hormuz, Stranding 1,500 Ships
Insurers at Lloyd’s of London are now pricing the risk of reopening the Strait of Hormuz. About 1,500 ships are stranded in the Persian Gulf, waiting for coverage to move again. NO INSURANCE = NO TRADE = NO HORMUZ RESTART. https://t.co/xZNEns47De
Strong Ruble Cuts Inflation, Yet Hurts Exports and Revenue
The Russian ruble has gained 14% vs US dollar in the past year. This has helped bring RU's inflation down from 10.2%/yr to 5.7%/yr. But, a strong ruble lowers the ruble value of exports and squeezes export margins and gov't revenue. Strong Ruble...
Blue Origin's New Glenn Explodes, Delaying Bezos' SpaceX Challenge
During a Florida hot-fire test, Blue Origin's New Glenn rocket EXPLODED. This sets back Jeff Bezos’ push to challenge Elon Musk and SpaceX. Just more confirmation of Hanke's Schoolboy Theory of History: It's just one damn thing after another. https://t.co/5fja56boGh
Venezuela's Inflation Remains World's Highest at 597%
#VNZWatch🇻🇪: Today, I measure Venezuela's inflation AS THE WORLD'S HIGHEST — AND INCREASING — at a CRUSHING 597.4%/yr. That's down from a peak of 828.6%/yr on February 4th. YOU WON’T FIND THIS IMPORTANT STORY IN THE MAINSTREAM MEDIA SPIN. https://t.co/awt6CjoDyD
Colonel Says Attacking Iran Defies Rational Calculus
Col. Doug Macgregor on Trump’s Iran misadventure: “If there were a rational calculus in play, let's be frank, we would never have attacked Iran. No one in their right mind would have done so.” https://t.co/iUikr1aLOM
Iranian Rial Gains 11% in Three Weeks, Holds Amid War
In the past 3 weeks, the Iranian rial has appreciated 11.2% vs. the USD. It has now only depreciated 0.84% vs. the USD since the start of the US-Israeli war on Iran. https://t.co/whBvoEPxK0
Iran Conflict Boosts Yuan Trade, CIPS Hits Record
Thanks to the US-Israeli war on Iran, the use of China’s renminbi in cross-border trade is SURGING. Transactions through Beijing’s Cross-Border Interbank Payment System (CIPS) recently hit RECORD HIGHS as sanctioned oil trade shifted into yuan settlement. CHINA = BIG WINNER. https://t.co/fHAS5SyU6G
UK Debt Surge Fuels Bond Vigilantes, 10‑year Gilt >5%
The UK's 10-year gilt yield of more than 5 per cent is far from shocking. The UK’s public debt has exploded from 28% of GDP at the start of the century to nearly 100% today. As night follows day, the bond vigilantes...
Trump Tariffs and War Plunge Consumer Sentiment to Record Low
The University of Michigan's consumer-sentiment index dropped to a NEW ALL-TIME LOW. TRUMP'S TARIFFS & WAR MADNESS = CRUSHES AMERICAN SENTIMENT. https://t.co/jgRxLOfRVc
BI's Rate Hike Aligns Money Growth with Inflation Target
To defend the Rupiah, Bank Indonesia raised interest rates by 50 bps. Meanwhile, inflation is 2.4%/yr. Indonesia's money supply is growing at 9.7%/yr. That's within Hanke’s Golden Growth Rate of 8.4%-10.4%/yr, a rate consistent with hitting BI's inflation target of 1.5%-3.5%/yr....
Brazil's Money Supply Outpaces Golden Growth, Fuels Inflation
#BrazilWatch🇧🇷: Brazil's CPI accelerated to 4.4%/yr in April. Brazil’s M4 is growing at 10.8%/yr. That is ABOVE Hanke’s Golden Growth Rate of 7.1%/yr, a rate consistent with hitting its 3.0%/yr inflation target. INFLATION STORY = A MONEY SUPPLY STORY. https://t.co/fXT7WuR6yE
Low Money Growth Keeps Malaysia Inflation Near Target
Malaysia's March inflation is 1.72%/yr. Malaysia's money supply (M3) is growing at ONLY 5.5%/yr. That's well BELOW Hanke's Golden Growth Rate of 7.33%/yr, consistent with hitting Malaysia's inflation target of 3%/yr. THE INFLATION STORY = A MONEY SUPPLY STORY. https://t.co/SrGX0AEZwf
Oil Inventories May Hit Bottom by Early August
Col. Doug Macgregor on the upcoming oil inventory shortages: “I think we're going to probably reach the bottom of the oil tank at the end of July, beginning of August.” STAY LONG OIL. https://t.co/7EcASTro86
Chinese EV Exports Surge Across Europe, Africa, Asia
Chinese EV exports are BOOMING across Europe, Africa, and Asian countries. CHINA IS CRUSHING THE WORLD IN THE EV RACE. https://t.co/uJsmHovuPT
UK
UK home prices rose a STUNNING 1.2%/yr in May. That's the biggest May increase in a decade. RUSSOPHOBE STARMER IS CAPTAINING A SINKING SHIP. https://t.co/RBuUFOAQXj
Foreign Investors Flee India, $21B Out, 2026 Worst Since 199
#IndiaWatch🇮🇳: Foreign portfolio investors have pulled nearly $21 BILLION from Indian equities in the last 2 months. This makes 2026 the WORST YEAR for foreign capital flows since 1993. THE US-ISRAELI WAR ON IRAN HAS HIT INDIA AND ITS RUPEE HARD....
Iran War Pushes 30‑Year Treasury Yield to 5%
The US government has sold 30-year debt at a 5% yield for the first time since 2007. Trump's war in Iran has caused interest rates & gov’t debt servicing costs to SURGE. https://t.co/myca5WwJEG
Copper Prices Surge as Demand Outpaces Supply
Seabridge Gold CEO Rudi Fronk on the BOOM in copper prices: "Copper is now trading at about $6/lb. There's no doubt that the world is going to need more copper going forward... Commodity prices have to go HIGHER because demand is...
Ukrainian Drone Hits Russian Refinery, Sparks Fatal Fire
Last night, a Ukrainian drone strike caused a major fire at an oil refinery in Ryazan, Russia. Reports indicate that at least three people were killed and 12 were injured. RUSSIA-UKRAINE WAR = HOT. https://t.co/vUWAPxzVwe
China’s Rare Earth Monopoly Gives It Weapons Leverage
My take on @RedactedNews on China’s control over replacing the US depleted weapons stockpile: "China controls 95% of rare earths. So, to replenish all the weapons that we've burned through, we need permission from Xi Jinping." CHINA = HOLDS THE CARDS. https://t.co/PKvziT3iCh
Over 20% of U.S. Taxes Fund Debt Interest
My take on @wealthion on the EXPLODING US NATIONAL DEBT: "22.2% of American taxes are siphoned off to pay interest on the government’s debt. They don't go to income transfer payments, gov't services, or subsidies." INTEREST ON DEBT = PAYING TAXES AND...
Warsh Confirmed as Fed Chair Amid Inflation Surge
Kevin Warsh has just been confirmed by the Senate to become the next Chairman of the Fed. HE HAS HIT WORK CUT OUT FOR HIM. THE US INFLATION GENIE IS OUT OF THE BOTTLE. https://t.co/2g6cUhzVq1
30-Year Yield Stays
Today, the U.S. 30-year benchmark bond yield remained above the critical 5% threshold. Bonds get crushed in wartime. With the U.S.-Israeli war on Iran, the bond vigilantes are riding again, and they are demanding a higher yield for Washington’s recklessness. https://t.co/5GNeEs9kKm
Commodities Enter Super Cycle as Copper Hits Record High
As I've said, "You want to be long commodities." COMMODITY MARKETS = ENTERING A SUPER CYCLE. https://t.co/G6PcKZlg6y
US CPI Climbs to 3.8% in April, Inflation Persists
The U.S. Consumer Price Index jumped from 3.3%/yr in March to 3.8%/yr in April. As I've been saying, the U.S. inflation genie is not going to be put back in the bottle any time soon. https://t.co/jCBH3ue3IK
Xi Warns Trump: Sanctions Will Burn Like Hot Stove
In a prelude to the Trump-Xi meeting in Beijing on the 14-15, Chairman Xi has introduced Trump to the Chinese hot stove. When the US takes a threatening and belligerent action with sanctions and tariffs, it will touch a hot stove...
Venezuela Still Holds World's Highest Inflation at 529%
#VNZWatch🇻🇪: Today, I measure Venezuela's inflation AS THE WORLD'S HIGHEST at a CRUSHING 529.1%/yr. That's down from a peak of 828.6%/yr on February 4th. YOU WON’T FIND THIS IMPORTANT STORY IN THE MAINSTREAM MEDIA SPIN. https://t.co/BXznEebbH4
Food Prices Spike Again, Vegetable Oil Leads Surge
The FAO Food Price Index rose for a third straight month in April, hitting its highest level since Feb 2023. Vegetable oil prices led the surge, rising 5.9% MoM. THE US-ISRAELI WAR'S COLLATERAL DAMAGE IS MASSIVE. https://t.co/Z5NCEspTDb
Lithium Prices Jump 24%, Signaling Commodity Supercycle
Lithium carbonate prices have SURGED over 24% in the past month, reaching their highest level since 2023. As I’ve said, "We're entering a commodity supercycle. I like lithium and vanadium.” STAY LONG or GET LONG. https://t.co/esoCtb8RoX
US‑Israeli War on Iran Fuels Farmer Planting Crisis
Thanks to the US-Israeli war on Iran, spring planting season is turned into a DISASTER for American farmers. They can’t afford two key inputs: fertilizer and diesel fuel. US-ISRAELI WAR ON IRAN = MASSIVE COLLATERAL DAMAGE. https://t.co/BaHfrAjtfl
Expert Javier Blas Shows Why Oil Remains Bullish
My friend and renowned oil expert Javier Blas stays ahead of the curve. The evidence he presents is just another reason to stay LONG OIL. https://t.co/7TOPtNTah6
China Controls Rare Earths Powering U.S. Tech
My take in @FortuneMagazine on China’s ace - rare earths: “Every advanced weapons system, electric drivetrain, wind turbine, and smartphone in the US runs through China’s critical materials.” The rules are being rewritten, and they are being rewritten in Beijing. https://t.co/m5S1TtrB5g
Germany's Industrial Output Contracts Again, Undermining Rearmament
For the second consecutive month, Germany’s industrial production SHRANK. Warmonger Merz’s rearmament plans aren’t working. GERMANY = IN THE TANK. https://t.co/i6QfH6Ef4w
US‑Iran Conflict Triggers Grocery Price Shock for Consumers
As a result of the US-Israeli war on Iran, the Economist reports that US consumers are set to face a GROCERY-PRICE SHOCK. US CONSUMERS SHOULD SEND A BILL FOR DAMAGES TO TRUMP. https://t.co/wM9gQ9x0Ml
China’s Free‑Trade Push Beats US Protectionism
My take in @FortuneMagazine on China’s FREE TRADE INITIATIVES: “China has eliminated tariffs on African partners, fast-tracking Chinese investment in India, and exporting open-source AI through DeepSeek. While Washington builds walls, Beijing opens doors." https://t.co/ylMhrtrfhr
China’s Oil Aid Drives Asian Pivot From US
My take in @FortuneMagazine on China’s DIPLOMATIC POSITIONING: “China is deploying its 1.4-billion-barrel strategic crude reserve to aid its Asian neighbors while the US is blocking the Strait of Hormuz.” Seoul, Tokyo, and Jakarta are PIVOTING AWAY from Uncle Sam. https://t.co/PLQmOFRWfy
U.S. Weapon Restocking Now Requires Beijing's Approval
My take in @FortuneMagazine on the US replenishment of its depleted weapons stockpile: "To replenish weapons stockpiles depleted by America's wars, the U.S. Department of Defense now needs Beijing's permission to restock. The rules of the road are being rewritten in Beijing."...
China Offers Aid as US Builds Walls
My take in @FortuneMagazine on the pivot away from the USA to China: “While Bessent was busying himself on Fox News, China was busy making friends by supplying those in distress with much-needed oil and other commodities…While Washington raises walls, Beijing opens doors.” https://t.co/E4hn2YdcN2
Trump Unprepared for War‑Induced Fuel Shortages
My view on how prepared Trump is for fuel shortages & high gas & diesel prices: "Trump did not anticipate the fallout from the war. He is not prepared. If Trump had thought through the negative consequences from the war, he...
Oil Inventories Plummet, Looming Shortage Will Trigger Price Spike
The world is burning through oil inventories at the fastest pace on record. Since the US-Israeli war on Iran began, stockpiles have fallen by 4.8 million barrels per day, exceeding the peak COVID drawdown. Once inventories run dry, we will switch from...
Iraq Ranks 31st Most Miserable Amid Soaring Unemployment
In Hanke’s 2025 Annual Misery Index @FortuneMagazine, Iraq ranks as the 31ST MOST MISERABLE country in the world. This is thanks to their SKY-HIGH unemployment rate at 15.5% and NEGATIVE real GDP per capita growth of -1.2%. IRAQ = HIGHLY DYSFUNCTIONAL. https://t.co/0XN1HithQH
India’s GDP per Capita Outpaces Peers, Bolstering Modi
#IndiaWatch🇮🇳: In India, real GDP per capita has surged WELL ABOVE its emerging market peers. Under PM Modi, rising living standards and strong economic growth have pushed India AHEAD. STRONG ECONOMY = PUTS WIND IN MODI’S SAILS. https://t.co/UdkHTnINmZ
US Oil Reserves Near Depletion by July If Hormuz Closed
My take on the upcoming oil inventory shortages: "If the Strait of Hormuz remains effectively closed, the US will come close to depleting its inventories of oil by the end of July. When inventories run out, we will face a real...
Iran's Inflation Hits 122%, World's Third Highest
Today, I measure Iran's inflation at a punishing 122%/yr. That is the WORLD'S 3RD HIGHEST. Only two countries have higher inflation rates: Venezuela (1st) and North Korea (2nd). I REMAIN THE ONLY ACCURATE SOURCE FOR INFLATION MEASUREMENTS IN IRAN, VENEZUELA, AND NORTH...
China's Central Bank Adds Gold for 18th Month
After adding 5 tons of gold to its war chest in March, the People’s Bank of China purchased another 8.1 tons in April. This marks the 18th consecutive month that China has increased its gold reserves. BUY GOLD, WEAR DIAMONDS. https://t.co/jPZkT7Ljpc
Strait of Hormuz Traffic Remains Unsafe, Normalcy Delayed
Economist Jeff Currie on reopening of the Strait of Hormuz: “If I’m the crew guy, I’m not getting on that boat. If I’m the insurance guy in London, I’m not underwriting one of these ships going through there either.” STRAIT TRAFFIC WILL...
Trump Must Renounce Taiwan Support to Pressure Iran
My good friend Chris Wood on Trump’s planned visit to China on May 14: "If Donald Trump wants Beijing to put real pressure on Iran, he may need to agree to make a statement on Taiwan that China has long sought....
Erdoğan Warns Against Being Used in Regional Bloodshed
#TurkeyWatch 🇹🇷: President Erdoğan’s warning is worth revisiting: “We must not fall for the Zionist massacre network’s game of 'killing the bird with someone else’s stone'. We are taking the necessary precautions against bloody scenarios that some want to stage in...
Americans Hold More Wealth in Stocks Than Real Estate
Ruchir Sharma, Chairman of Rockefeller International, on Americans’ overexposure in the equity market: “America is the only country where people have more of their wealth in the stock market than in the property market.” https://t.co/fdqVJtKVNJ