Most economic commentators consider the differential, also known as the yield curve, between the long-term and the short-term interest rates as an important indicator for the establishment of the future course of economic activity. An increase in the yield curve is seen as pointing towards good economic times ahead. Conversely, a declining yield curve increases the likelihood of an economic recession.

“While the president boasts... military leaders are sounding the alarm behind the scenes about U.S. air defense stockpiles running out if the fighting goes on” for several weeks.

Celebrating the birthday of Mr. Libertarian.

Mr. Libertarian. That commonly-employed term tells you of Murray Rothbard’s importance to libertarian thinking. His New York Times obituary called Rothbard “an economist and social philosopher who fiercely defended individual freedom against government intervention.” And, as Hans-Hermann Hoppe put it, “There would be no anarcho-capitalist movement to speak of without Rothbard.”

“Saturday’s attack on Iran was posed as a decapitation strike; it also decapitated several dozen schoolgirls in southern Iran within the first few hours...”

“Analysts have warned that prices could top $100 a barrel if oil trade is disrupted for a prolonged period of time, or if the war spills over into neighboring countries.”

Kuwait “mistakenly” shot down three U.S. F-15 fighter jets on Sunday after strikes were launched against Iran one day earlier, according to U.S. Central Command (Centcom).

“Trump administration officials ⁠acknowledged ⁠in closed-door briefings with congressional staff ⁠on Sunday that there was no intelligence suggesting Iran planned to attack U.S. forces.”