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The end of summer means the end of long days, beach vacations and many of our outdoor activities. It also means kids going back to school and a return to our normal everyday routine. It also marks the start of respiratory illness season.

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Betting Against The House?

Bessent may have warned yen traders that “he is the house now […] and you can bet against me if you want,” but fixed income traders are still testing how deep the house’s pockets are, and if he is willing to spend it all...

Hormuz, El Niño, And The Next Food-Price Surge

One ship. One Panama Canal transit. Roughly 50 million gallons of fresh water. Now a powerful Super El Niño threatens both canal capacity and major crop regions. The next agriculture shock may hit supply and trade routes at the same time.

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