In the past year, I have been reading about the Cold War and the collapse of the Soviet Union. I thought the subject relevant since we are already in a second Cold War for some years. The books include Nicolas Thompson’s The Hawk and the Dove: Paul Nitze, George Kennen, and the History of the...

Donald Trump flipped and flopped again. He announced a 20% fee for all ships transiting the Strait of Hormuz on Monday, 13th of July. He withdrew the order on Tuesday, 14th of July. The oil market gyrated during the day and some “smart” folks made yet another killing with the oil futures. By this point,...