New York Federal Reserve President John Williams now says inflation has likely peaked and that monetary policy is “well positioned” to bring inflation back toward the Fed’s 2% objective. Williams acknowledged inflation remains “unquestionably too high,” but argued that the worst of the tariff effects have passed, housing inflation is moderating, oil prices have peaked, […]

QUESTION: Marty, will you have any input into Warsh’s task forces that will study and give recommendations on improving the US monetary policymaking? H COMMENT: Marty, I watched some of Warsh’s responses in yesterday’s hearing. I was stunned by his response that he believes he can control inflation (ignorance mixed with hubris is a recipe […]

For years, I have warned that analysts have been looking in the wrong direction. Everyone obsesses over Russia, China, Iran, or even North Korea, while ignoring one nation that has quietly been positioning itself to become the dominant regional power. That nation is Turkey. You cannot understand today’s geopolitical landscape unless you understand that the […]

Spain’s latest position perfectly illustrates what has become one of the great contradictions within NATO. Madrid wants Europe to build its own military capable of acting independently of Washington, yet Spain has consistently resisted NATO’s higher defense spending targets while expecting the alliance to continue providing collective security. Spain is again championing the idea of […]

India’s imports of Russian crude oil have surged to a record high, with Moscow now supplying more than half of the country’s crude oil requirements. According to recent reports, Russian oil accounted for over 50% of India’s imports in June after a temporary US sanctions waiver expired. This development is far more significant than most […]

For years, politicians have been obsessed with tanks, artillery, missiles, and troop counts while the real battlefield has quietly moved into space. The latest reports suggesting that Russian satellites may be capable of disrupting GPS signals on a continental scale should be sending shockwaves through military circles. If these findings prove accurate, then we are […]

The announcement by the Pentagon that Israel spies on the United States is being presented as some shocking revelation. Really? Jonathan Pollard stole massive quantities of classified intelligence for Israel and was convicted in 1987. The NSA reportedly caught Israeli officials discussing efforts to influence U.S. policy during the Obama administration. Even former CIA and […]

Taiwan’s Ministry of National Defense reported that 32 Chinese military aircraft, 10 naval vessels, and five additional official Chinese ships were operating around the island. More importantly, 25 of those aircraft crossed the median line of the Taiwan Strait and entered Taiwan’s air defense identification zone. That median line was once viewed as an unofficial […]

One of the more fascinating stories this week had nothing to do with missiles, aircraft carriers, or battlefield reports. Instead, it came from the intelligence agencies of the United States, Britain, Canada, Australia, and New Zealand. The Five Eyes alliance issued a rare joint warning claiming Chinese intelligence services are aggressively using professional networking sites […]

The press keeps insisting Russia is preparing to invade all of Europe as if Putin wakes up every morning dreaming about inheriting Germany’s industrial collapse and France’s pension protests. The propaganda has become so absurd that perhaps we should finally discuss the REAL reasons Russia would supposedly invade Europe: To acquire Germany’s energy policy expertise […]