U.S. gasoline hits $4 per gallon. Recession indicator flashing red. Demand destruction spreads across US economy through seven channels

U.S. gasoline hits $4 per gallon, highest since 2022, as Iran war drives up fuel prices U.S. gasoline prices have surged above $4 per gallon for the first time in more than three years, as the oil supply shock triggered by the Middle East war rapidly drives up costs for families. Prices at the pump …

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Witkoff has already requested a ceasefire from Iran through various channels twice. Iran refused, seeing no point in it. Iran says truce depends on US, Israel pledging no future strikes.

"According to the report, Iran believes the conflict cannot end unless Trump is shown that the economic, political, and military costs are high enough to make repeating such actions not worthwhile.. Instead, Iran is reportedly insisting on a permanent agreement that would… pic.twitter.com/dYdAxdwpbv — • forallbirdsongs • (@forallbirdsongs) March 11, 2026 *IRAN SAYS TRUCE DEPENDS ON …

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The Fed is whispering a December rate cut through back channels and banks are hearing it loud and clear

It looks like the Fed is starting to communicate a December rate cut. The leading banks are getting the message through indirect channels. Fed futures now show a 70% probability of a cut — and suddenly market futures are magically recovering. I’m telling you… these hawks are basically dummy farts It looks like the Fed …

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Russian monitoring channels report Ukraine may have launched its largest drone attack on Russia ever.

BREAKING: Russian monitoring channels report Ukraine may have launched its largest drone attack on Russia ever. At least 150+ have already entered Russian airspace, more launches are expected. 🚨 BREAKING: Up to 150 Ukrainian drones are striking Russia’s Bryansk region in waves, monitoring channels report.Drones continue to enter airspace, making this one of the largest …

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YouTube feeds overridden by AI clickbait. Beloved channels disappear. AI recommendations take over

via GLP: “In the past couple of weeks I have noticed changes I don’t like. For example, I am subscribed to several gardening channels, notifications turned on, but they no longer show up in my feed. Instead I am bombarded with click bait AI gardening channels with dubious “tips” and misidentification of plants. I subscribe …

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Dropping Like a Stone: ON RRP Take-up in the Second Half of 2023. Liberty Street Economics detail the recent drop in ON RRP take-up through the lens of the channels identified in the recent staff report driving its initial increase.

via dismal-jellyfish: Source: https://libertystreeteconomics.newyorkfed.org/2023/12/dropping-like-a-stone-on-rrp-take-up-in-the-second-half-of-2023/ Background: Liberty Street has a paper Treasury Bill Supply and ON RRP Investment based on the Staff Report Banks’ Balance-Sheet Costs, Monetary Policy, and the ON RRP. TLDRS: The authors call out the increase in Overnight Reverse Repurchase (ON RRP) take-up from 2021 to May 2023 was influenced by several factors, including higher balance-sheet costs …

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Diplomatic Channels Open: U.S. and European Officials Explore Peace Talks with Ukraine and Russi

U.S. and European officials have begun quietly talking to the Ukrainian government about what possible peace negotiations with Russia might entail to end the war, according to one current senior U.S. official and one former senior U.S. official. https://t.co/f8doGW2rIh — NBC News (@NBCNews) November 4, 2023 via NBCNEWS: U.S. and European officials have begun quietly …

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