Despite a major international conflict, markets have remained strong. There’s historical precedent for that.
Global warfare has impacted the supply chain, pushing diesel prices close to the highest they have ever been.
In Iran, inflation is soaring, food prices are spiking, and over a million people have lost their jobs.
Between elevated inflation and a shaky job market, the Federal Reserve had already been setting the stage for an interest rate hold.
Estimates are emerging about how much the war in Iran could cost the U.S.
It’s still early in the current war in the Middle East, but the impact on oil markets may feel like déjà vu for those who remember the oil embargo of the 1970s.
Diesel fuel powers trucks and trains, and a whole lot of the things we buy move by one if not both.
On May 11, 1946, war-torn Europe received its first batch of U.S. CARE packages.
Ken McGee sold the debt securities for $18.75, going door-to-door in Oklahoma.
A think tank did some calculations.
