Israel expects ‘weeks more fighting’, endorses Trump’s ultimatum and is calling for broad strikes on Iran’s energy infrastructure. President Trump is not backing down on ultimatum.

Israel’s military spokesman said the country expects weeks more of fighting against Iran and Hezbollah. The spokesman added that authorities are examining how air defence systems failed to intercept incoming Iranian missiles during Saturday’s attacks. https://www.iranintl.com/en/202603220618 Israel endorses Trump’s ultimatum …

READ MORE

An oil spike in a weakening economy is not inflationary – it is contractionary! FED needs to LOWER rates to counter the effects of higher Oil Prices. “The Income Effect” is the reason. Morgan Stanley still expects Fed cuts, oil shock threatens growth. $150 oil warning, recession risk climbs to 20%

Let me be very clear! An oil spike in a weakening economy is not inflationary – it is contractionary! The FED is extremely misguided if they are going to treat a Supply-Driven Oil-spike as an inflationary trigger. FED needs to …

READ MORE

Treasury Alert! $1.859 trillion is what Treasury expects to borrow the rest of the year. For the 3rd quarter, Treasury expects to borrow $1.007 trillion in privately-held net marketable debt. For the 4th quarter Treasury expects to borrow $852 billion in privately-held net marketable debt.

by Dismal-Jellyfish Source: https://home.treasury.gov/news/press-releases/jy1662 The U.S. Department of the Treasury today announced its current estimates of privately-held net marketable borrowing[1]for the July – September 2023 and October – December 2023 quarters. During the July – September 2023 quarter, Treasury expects to …

READ MORE