Until the US and Israel launched a war on Iran, prompting Tehran to close the Strait of Hormuz, ships transiting the world’s most important artery for trading oil and liquefied natural gas didn’t pay to transit it.
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Until the US and Israel launched a war on Iran, prompting Tehran to close the Strait of Hormuz, ships transiting the world’s most important artery for trading oil and liquefied natural gas didn’t pay to transit it.
Kevin Warsh is about to make his first appearance before Congress as Federal Reserve chairman, and during two days of testimony he’ll have new US inflation data to parse with…
For the first time in recent history, primary dealers have gone net short on debt they used to hold billions of dollars of.