Economy & Finance

Buried For 7 Years: Declassified Transcripts Blow Up Trump Impeachment Story In a long-awaited release that sent ripples through Washington on Monday, the House Permanent Select Committee on Intelligence (HPSCI) has declassified closed-door 2019 transcripts from briefings with then-Intelligence Community Inspector General (ICIG) Michael Atkinson. The documents, withheld from the public for over seven years, […]

Mapping The Hormuz Blockade: At Least 15 US Navy Ships Are In Place President Trump is once again engaged in a high risk bet in hopes that Iran will buckle to US demands after failed initial truce talks in Pakistan. The blockade now in effect as of Monday seeks to starve Iran of $200 million in

Federal Court Strikes Down 158-Year-Old Home Distilling Ban Authored by Kimberly Hayek via The Epoch Times (emphasis ours), A federal appeals court on April 10 declared a nearly 158-year-old ban on home distilling to be unconstitutional, ruling that the ban was an unnecessary and improper means for Congress to exercise its power to tax. A

Taiwan Helium Imports Rapidly Shift From Qatar To U.S. As Global Energy Flows Are Rewired We’ve been tracking the global rewiring of energy flows from the start, including identifying who stands to emerge as the net beneficiary of the U.S.-Iran conflict and the resulting disruption across the Gulf theater. Early in the conflict, we cited

US Allies Loudly Reject Trump’s Scheme To Blockade Hormuz: ‘Not Getting Dragged In’ The United Kingdom and several other countries rejected Washington’s plan to impose a blockade on Iranian ports and target ships transiting the Strait of Hormuz, which has gone into effect Monday. Prime Minister Keir Starmer made clear his stance that “we are

Key Events This Week: PPI, Industrial Production, Q1 Earnings, Iran War When it comes to the week ahead, clearly the Iran conflict will be the main focus, but there are a few other things to look out on the calendar. First, the Q1 earnings season will start to kick off, with this week’s releases including

Master And Commander-In-Chief By Benjamin Picton, senior market strategist at Rabobank April – 2026. The IRGC is master of the Strait of Hormuz. Only the American fleet stands before them. Oceans are now battlefields. Financial markets are back in a risk-off mood today following news over the weekend that US-Iran peace talks ended without agreement

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh the former with a modest 0.7% MoM decline (after January’s plunged – weather? – and February’s modest rebound). The analysts under-estimated the fear from

Congress Returns From Recess – Here’s What’s On Its To-Do List Authored by Joseph Lord via The Epoch Times, Lawmakers will return to Capitol Hill this week with a long to-do list as the Department of Homeland Security (DHS) remains in a partial shutdown. Ending that shutdown—which as of April 13 reached its 58th day—will be

Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years Goldman Sachs reported its highest quarterly profit in five years, as the bank’s equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however