Weekly Recap
America's Suez Moment, Recession Signal Already Fired (100th Chart of the Week), Doug & Matt on State Capitalism, Drug War & Tungsten, World's Refineries Burning Across 4 Continents
America's Suez Moment
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In July 1956, Egypt’s president Gamal Abdel Nasser did something that the British Empire considered unthinkable. He nationalized the Suez Canal — the single most important shipping route connecting E…
Every Time This Has Happened Since 1978, the Recession Was Already Starting
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This is our 100th Chart of the Week. For the milestone, I wanted to pick something worth keeping in the back of your mind through the rest of the year.
Trump's Next Move
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Doug and I started with Spirit Airlines, which may be the perfect symbol for the moment.
The World's Refineries Are Burning—and It's Not the War
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Something seriously unusual is happening with oil refineries right now. You might have seen a headline or two, but I don’t think it’s turning nearly enough heads.