Markets: Minutes of the July ECB meeting provided some distraction in the countdown to tomorrow’s Jackson Hole address by Fed Chair Powell. They showed that the decision to break guidance of a 25 bps inaugural rate hike and instead lift-off with a 50 bps move was backed by a very large numbers of members. Some […]
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There’s so much drama taking place in the world. Last week alone, investors watched the U.S.-Iran war escalate, sending energy prices sharply higher. The Strait of Hormuz was closed after massive airstrikes by the U.S. Read more…
The U.S. government’s own space watchdog is raising serious doubts about whether SpaceX can pull off a moon landing on schedule. And the concerns go deeper than just another missed deadline. A new audit from Read more…
The IEA has officially pulled the trigger on a “historic bazooka,” yet the oil market’s response has been a collective shrug. By authorizing a 400-million-barrel release—the largest coordinated action in the agency’s history—the IEA intended Read more…