macro
Services inflation just posted its biggest spike since 2012 while businesses cut workers to survive it. Goldman says AI is already erasing 25,000 jobs a month. And the one sector still hiring? It just got a raise.
macro
Israel just bombed Iran's piggy bank. The ISM Services inflation gauge posted its biggest spike since 2012. And China reserved Pacific airspace for 40 days, which is 35 days longer than you need for an exercise.
macro
The ISM Services prices paid component just posted its biggest monthly jump since 2012. Meanwhile, Israel destroyed Iran's largest petrochemical facility and Trump says they'll have "no bridges." One of these stories determines next week. The other determines next decade.
macro
Speculators hold massive short positions in crude oil while physical markets scream shortage. Meanwhile, nearly 270,000 Americans stopped looking for work last month. One of these facts is about to break the other.
macro
Speculators hold massive short positions in crude oil while physical markets scream shortage. Meanwhile, nearly 270,000 Americans stopped looking for work last month. One of these facts is about to break the other.
macro
Physical oil commands crisis prices while paper markets pretend everything's fine. Your mortgage rate doesn't care which one is right.
macro
Trump promises Iran withdrawal in 2-3 weeks, physical oil trades $23 above futures, and your portfolio just had its best day since May
macro
The job market was already broken before oil hit $106. Now employers won't hire but haven't started firing—yet.
macro
Powell won't fight supply shocks with rate hikes. Meanwhile, Iran loads five tankers at once while we pretend they've been defeated.
macro
Iran shot down our eyes in the sky. Now ground troops look inevitable while China sails through collecting oil.
macro
Oil traders stopped believing the deadline extensions. Meanwhile, helium shortages threaten to halt chip production within a week.
macro
Treasury yields spike above 4.4% every time Trump delays Iran deadlines. Meanwhile, Asian economies face actual fuel shortages, not just higher prices.