In the current circumstances, you might expect the worsening crude oil crisis to be at the top of every trader’s mind. However, based on all my conversations so far, confidence is so high in governments’ capabilities to avoid shortages of crude oil and distillates that the risk is, at best,…
Month: July 2026
WHY IRAN MIGHT BE ON THE VERGE OF DELIVERING A SHOCK TO GLOBAL FINANCIAL MARKETS
Today is July 15, 2026, and as I write this article, we are nearly five months into the conflict between the United States, its allies, and Iran in the Middle East. A conflict that, in the minds of the US military strategic panel, was supposed to last perhaps 48 hours….
META JUST THREW A WRENCH IN THE AI BANDWAGON
Yesterday, when I first read the Bloomberg headline “Meta Is Planning a Cloud Business to Sell AI Computing Power,” the first thing I instinctively thought was, “Selling AI computing power to whom, exactly?” AI labs are currently split into two categories: those who built their own infrastructure and those who…