Trump’s blockade of Iranian ports takes effect. Stocks are shrugging off
escalation concerns.
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The American military on Monday was implementing a blockade on all ships
entering and exiting Iranian ports, with the escalation pushing oil prices
higher ...
36 minutes ago
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Well, actually credit expanded more rapidly than the 4.2 percent rate in 2010 in every single year that Greenspan chaired the Fed. In fact, it expanded more rapidly in every year in this series (going back to 1976) and probably every year since the Great Depression. In other words, for Alan Greenspan night is day, up is down, he is looking at an extraordinarily slow pace of credit expansion and telling reporters that is the fastest on record...