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High stakes poker
Does anyone not yet understand that the game advertised and sold to voters/investors was never the real one being played? Sure, Trump may favour a return to fiscally responsible governance, but his lack of action here, much to the consternation of some in the MAGA camp, is because he has much bigger fish to fry […]
Continue readingTrump’s oil supply leverage
It says a lot for either the weak outlook for global GDP growth or the limited threat posed by the Iranians, that a series of attacks and seizures of oil tankers in the Straits of Hormuz, a conduit for around 20% of the world’s oil needs, as had no appreciable impact on crude oil prices. […]
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