ENB Pub Note
Is the U.S. Facing a Debt Crisis?
ENB Pub Note: Yes, the US is in a debt crisis caused by the Republicans and Democrats. It will be tough to unwind the deliberate take down of the United States, and I believe we […]
Inflation
Finance
Beneath the Skin of CPI Inflation: Pace Slows from Spike Last Month, but 6-Month CPI Accelerates Further, Worst Increase since September 2023
Natural gas and electricity pushed up energy costs in February, despite drop in gasoline prices. Used vehicle prices continued to surge. By Wolf Richter for WOLF STREET. The overall Consumer Price Index rose by 0.22% (+2.62% annualized) in […]
Finance
China Pledges a Trade Fight to the End
China Brief on Beijing’s response to Trump’s tariff increases. By James Palmer, a deputy editor at Foreign Policy. China has toughened up its rhetoric amid U.S. President Donald Trump’s tariff increases. Last week, Chinese Foreign Ministry […]
Finance
Price of Natural Gas Futures Up 140% Year-over-Year: One More Reason for Inflation to Not Back off Easily
Natural gas accounts for 42% of electricity generation. It’s feedstock for fertilizers. It’s widely used for heating. And 19% was exported in 2024. By Wolf Richter for WOLF STREET. The notoriously volatile price of US natural gas futures […]
Commodities
Reserve Refill Begins
Daily Standup Top Stories Chris Wright Moves to Refill The Strategic Petroleum Reserve March 9, 2025 Clark Savage Many people are curious about the Trump administration’s plans to refill the Strategic Petroleum Reserve (SPR) that was […]
Commodities
The Undervalued Energy Boom: Why Natural Gas and Commodities Are Set to Skyrocket
n Energy News Beat – Conversation in Energy, Stuart Turley welcomes Wasif Latif, Co-Founder & CIO of Sarmaya Partners, for their third discussion on energy and finance. They explore the growing demand for natural gas […]
Finance
Is This the Beginning of the Second Wave of Inflation?
Companies can’t pass on those higher prices? What a bummer. But if they can without losing sales, it’s off to the races. See 2021/2022. By Wolf Richter for WOLF STREET. Nearly every subindex of today’s ISM Services PMI […]
Finance
Trump’s trade war steps up a gear
US president Donald Trump’s new round of tariffs against his country’s top three trading partners has sparked retaliatory action, launching new trade conflicts. On Tuesday, Trump imposed 25% tariffs on Mexican and Canadian imports, as […]
Finance
New York Fed’s Measure of “Inflation Persistence” Nixes Friday’s Idea that YoY PCE Inflation Cooled, Using Same Data
The game of inflation Whack-A-Mole: price pressures shifted from housing to non-housing services and core goods. By Wolf Richter for WOLF STREET. Just briefly here because it’s an interesting twist by the New York Fed on Friday’s PCE […]
Climate Crisis
Trump Ukraine Peace
Daily Standup Top Stories China discovers ‘limitless’ energy source that could ‘power the country for 60,000 years’ March 2, 2025 Clark Savage ENB Pub Note: Thorium is an outstanding source of energy, and there are several […]