China Warns State Firms Against OpenClaw AI As Agent Craze Sweeps Tech Sector Chinese authorities have begun restricting the use of OpenClaw AI applications across government agencies and state-owned enterprises, moving quickly to address security concerns as the technology is rapidly being adopted by companies, developers and investors. Notices issued in recent days warn government bodies and major state-run firms – including […]

Trump Expands Ban On Foreigners Receiving Small Business Loans Authored by José Niño via Headline USA, President Donald Trump’s Small Business Administration announced this week that foreign nationals are now prohibited from accessing all federal small business loan programs, extending restrictions put in place last month, according to Breitbart News. “The Trump SBA is committed to driving economic growth and job […]

It’s Now A Dual Attrition Race By Michael Every of Rabobank Oil vey Hormuz mir! Oil swung (far less than Monday) yesterday on a tweet from the US Energy Secretary saying the US Navy had escorted an oil tanker through Hormuz: that was deleted, and the Navy then stated it can’t do that because of the risks involved – vessels there are still sitting ducks. Iran continued to attack the Gulf states’ energy infrastructure and […]

True Value: Looking Through The Value Rotation Illusion Authored by Michael Lebowitz via RealInvestmentAdvice.com, In our recent article, The Value Rotation Illusion, we explained that in the recent rotation from growth to “value”, passive investors, in actuality, are selling value stocks to buy expensive stocks. Confused? In this follow-up, we take our three-tier earnings valuation framework introduced in the article a step […]

JPMorgan Limits Lending To Private Credit Groups After Marking Down Loan Collateral The barrage of negative private credit news, now that the $1.8 trillion bubble has burst, is coming hot and heavy.  Following last night’s report that Cliffwater, a private credit interval fund which according to Rubric Capital “is the canary in the coal mine and will be the first domino in the bank run” was the latest fund to be hit with 7% in […]

Ex-Goldman Commodity King Warns ‘No Policy Response Can Meaningfully Reverse Oil Prices’ “There is NO policy response that will stop this ascent in crude in the near term,” warns Goldman’s former head of commodity research, Jeff Currie. In an interview on Bloomberg TV (watch here), Currie warned that the broader crisis goes beyond just oil: This isn’t solely an oil issue; the Strait disruption affects multiple commodities and […]

Supreme Court Justices Kavanaugh, Jackson Publicly Disagree Over Emergency Docket Authored by Matthew Vadum via The Epoch Times, U.S. Supreme Court Justices Brett Kavanaugh and Ketanji Brown Jackson clashed on March 9 over the court’s various emergency orders that have allowed President Donald Trump to pursue his policy agenda. The setting was a federal courtroom in the nation’s capital, at an annual lecture honoring former […]

WTI Extends Gains, Shrugs Off SPR Release Amid Crude Build, Dip In US Production Oil prices are higher this morning, shrugging off the well-telegraphed (and practically useless) SPR release. “Oil prices remain volatile and risk sentiment fragile and trading is on the headlines and rapidly evolving conflict in the Middle East,” noted Neil Wilson, Saxo UK investor strategist. And while, the main drivers of crude prices remain more […]

Most Ships Transit Strait Of Hormuz Since War Started Led By Iranian, China-Linked Tankers Yesterday we pointed out that contrary to conventional wisdom of a full Gulf blockade, more ships are now transiting the Strait of Hormuz… Strait ship traffic starting to move (chart GS) pic.twitter.com/VJ0M9ET3yi — zerohedge (@zerohedge) March 10, 2026 … with the caveat that most are turning off their transponders not to attract undue […]

Trump Says Iran War To End ‘Soon’ As ‘Practically Nothing Left’ To Target  Top headlines of conflict  Trump says the war with Iran will end soon, as there is ‘practically nothing left to target.”  Yet U.S. and Israeli officials plan at least two more weeks of strikes U.S. forces destroyed 16 Iranian mine-laying vessels in the Strait of Hormuz Iran’s drone production has been significantly degraded. The IEA […]

Microsoft Backs Anthropic’s Bid To Block Pentagon’s ‘Supply-Chain Risk’ Label Authored by Aldgra Fredly via The Epoch Times, Microsoft on March 10 filed an amicus brief backing Anthropic’s lawsuit against the Department of War, seeking a court order to temporarily stop the Pentagon from labeling Anthropic as a supply-chain risk. Anthropic filed the suit on March 9 after the Pentagon designated it a supply chain risk to national […]

Iran Sleeper Cells ‘Activated’; Threaten To “Eliminate” Trump Authored by Steve Watson via Modernity.news, US intelligence intercepts reveal Iran may be triggering covert operatives abroad, as Tehran issues direct warnings to President Trump following the airstrike death of its former supreme leader. U.S. intelligence has intercepted an encrypted message from Iran that appears to be an “operational trigger” for sleeper cells […]

Lloyd’s Of London Says Gulf Tanker Coverage Available As Strait Chaos Erupts Again What caught the attention of one UBS analyst earlier this morning was a Financial Times report stating that Lloyd’s of London is pushing back against claims that insurers are choking off traffic through the Strait of Hormuz. As we have outlined, tanker flows are beginning to creep higher in the strait by midweek, with some tankers switching off their […]

US Core CPI Tumbles To Slowest In 4 Years (Before Iran-Triggered Oil Spike) While all attention is currently on Iran (and the energy impact of actions overseas), today’s CPI (for February) should not be affected by the recent surge in WTI (but March’s data definitely will be)… Source: Bloomberg Headline CPI rose 0.3% MoM (as expected), lifting prices by 2.4% YoY (unchanged from the prior month at the lowest since May 2025)… […]

Stocks Drop As Oil Rebounds Over $90 On Escalating War, Ignoring Looming SPR Release US equity futures remain extremely illiquid, jittery and volatile, and are down 10bps near the morning lows, erasing a 0.5% gain after earlier rebounding on hopes the upcoming SPR release will keep oil lower (it has so far failed to do that). Global equities saw a leg lower during APAC hours following an FT report that JPMorgan is marking down […]

Insurance As A Weapon: How The Strait Of Hormuz Shapes Global Power And Energy Markets Submitted by Thomas Kolbe War is raging in Iran. Amid the fog of propaganda, it is increasingly difficult to separate fact from fiction, to distinguish AI-generated material from actual bomb strikes, and to see behind the carefully woven veil of media spin and national interests. Yet, we attempt here to make sense of the latest moves on the […]

Seniors Hit With Billions In Extra Premiums From Medicare Overpayments: Report Private insurers are padding their pockets with billions in alleged overpayments from Medicare Advantage, and hardworking American seniors are footing the bill through higher Part B premiums, according to a congressional report obtained by the Wall Street Journal. The report, issued by the bipartisan Joint Economic Committee, shows that controversial […]

Trump Threatens ‘Unprecedented Military Consequences’ As Iran Reportedly Starts Mining The Strait Of Hormuz Summary: CNN says the IRGC had already begun laying explosive mines in the vital Strait of Hormuz. Reuters: AS MANY AS 150 US TROOPS WOUNDED SO FAR IN IRAN WAR CBS says US intelligence has begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane Divergent signals flying […]

Are Bad Bots Taking Over The Web? The share of global web traffic generated by humans is shrinking, while bot activity is on the rise. According to Imperva Bad Bot Reports, in 2018, humans still accounted for 62 percent of web traffic, with malicious bots at 20 percent and benign bots at 18 percent. But over the past seven years, the balance of web traffic has shifted dramatically. As Statista’s Tristan Gaudiat shows in the […]

The Global Elites Lose Again Authored by Heather Mac Donald via American Greatness, To the despair of the European establishment, the Alternative für Deutschland (AfD), the most hated political force in Germany, keeps showing robust signs of life, whether in its impressive showing in a state election on Sunday or in a recent courtroom victory. On Sunday, the AfD more than doubled its previous vote share for the parliament of […]