Crude oil prices barely move after armed conflict engulfs the Middle East Published by Hilliard MacBeth on Jun 27, 2025 Why Didn’t Crude Oil Spike After U.S. and Israeli Attacks on Iran? Crude oil prices barely flinched after two shocking military strikes on Iran. On June 13, 2025, Israel launched an air assault. Days later, the U.S. stunned the world by bombing Iran’s... Read more
Israel and Iran are at war but investors are unfazed Published by Hilliard MacBeth on Jun 20, 2025 The Middle East has entered yet another war, this time between Israel and Iran. The U.S. appears poised to get directly involved, on top of its already substantial role as Israel’s main backer. So far, markets haven’t blinked. The S&P 500 is still trading... Read more
Guest post - Canada doubles down on defense Published by Fraser Betkowski on Jun 13, 2025 Canada has long been under pressure from its NATO allies to meet the alliance’s military spending benchmark of 2% of GDP. For decades, Ottawa has lagged behind, spending roughly 1.45% of GDP on defense. But in a surprising move, Prime Minister Mark Carney... Read more
Guest post - The TACO trade has its moment Published by Fraser Betkowski on Jun 06, 2025 Financial markets love an acronym and TACO or Trump Always Chickens Out, is the latest. Source: AI generated image - REDDIT It was coined by Rob Armstrong of the Financial Times on May 2 and last week gained traction among commentators to explain the... Read more