Wednesday, June 10, 2026

Middle East tanker transits June 2-8, 2026: Strait of Hormuz 2.1/day, Bab-el-Mandeb Strait 15.6/day

SoH E: 1.1/day

BAM SE: 7.9/day

 



Two years ago Trump was promising to cut our energy bills in half, but now we get a 23.5% year over year increase in energy inflation in May 2026 on top of double digit increases in March and April

 Because he doesn't have a clue what he's talking about.

Why do they always seem to do the opposite of what they promise? 

 


 

Substandard components vulnerable to corrosion spark massive Honda recall

 Honda recalls more than 880,000 cars due to a problem with rear suspension components

... American Honda Motor Co. said the recall covers certain 2016-2022 Honda Pilot, 2017-2023 Ridgeline, 2019-2023 Passport and 2014-2020 Acura MDX vehicles. The recall includes 880,514 vehicles ... The problem centers around the rear subframe, which can corrode at suspension mounting points and cause the rear suspension to fail. Honda estimates that just 1% of the vehicles listed have the defect. ... As a remedy, Honda and Acura dealers will inspect the rear subframe and install a reinforcement kit if necessary, or repair or replace the rear subframe components at no cost to vehicle owners. ... 

The Russian invasion of Ukraine began over four years ago, the U.S. first attacked Iran on June 22 last year

 Trump says Iran will ‘pay the price’ and claims they have ‘taken too long’ to agree to a deal

May 20th lol:

Trump says he’s ‘in no hurry’ to make a deal with Iran

 

Consumer price index inflation in May 2026: +4.2% year over year overall, +2.9% or +2.8% year over year for core, depending on whether you go not seasonally adjusted or seasonally adjusted

Commenters may like to draw a sharp distinction between overall and core and point to core as evidence that this is not so bad, but the thing is, both overall and core measures have been steadily rising since February.

Overall cpi inflation which includes food and energy bleeds into core eventually, because energy inflation drives up the cost of everything.

This is ugly and getting uglier. 

The president has scored an own goal opening the Iran war without a plan to keep the oil flowing.

  



core not seasonally adjusted

core seasonally adjusted

Tuesday, June 9, 2026

Aside from the fact the president thinks this is a good thing when he normally doesn't, Why in June 2026 is the president linking to a Reuters article from January 2026 talking about the 94.6% increase in the trade deficit in November 2025?

Aside from the fact the president thinks this is a good thing when he normally doesn't, Why in June 2026 is the president linking to a Reuters article from January 2026 talking about the 94.6% increase in the trade deficit in November 2025, the largest increase since March 1992, is the question you should be asking yourself. 

Of course the numbers have been revised in the interim, but the November 2025 percent change was still YUGE.

And yes, what does that have to do with the report of the April number today, which is the occasion of the president's post?

The answer is nothing. 

Needless to say, Trump thinks trade deficits are a bad thing when he has all his marbles together, which this evening he clearly does not.

And we called Joe Biden President Applesauce Brains. 

And incidentally, President Trump has a cumulative trade deficit to date of $1.154 trillion. 

 





Stellantis wrecks 1.3 million Jeeps, faulty part makes them too dangerous to park in the garage

 Stellantis tells owners of 1.3 million Jeeps to park outside over fire concerns

... the recall covers 2021 through 2025 model-year Jeep Wrangler SUVs and Jeep Gladiator trucks due to an electrical connection issue in the electric-hydraulic power steering pump wiring. ...

Gold and silver do not believe today's happy talk about oil

 


Silver ended the day down 8.63% on a year-to-date basis.

Gold ended the day down 1.33% on a year-to-date basis. 

Monday, June 8, 2026

Middle East tanker transits 31 May - 6 June 2026: Strait of Hormuz 1.7/day, Bab-el-Mandeb Strait 15.7/day

SoH E: 1.0/day

BAM SE: 7.7/day 


Italian coffee company Lavazza to introduce proprietary machine Tabli to brew its proprietary entirely natural compressed coffee tablets which require no recycling like K-cups do

 Italian coffee giant Lavazza launches single-serve tablets to make espresso in the U.S.

... Lavazza will officially launch Tablì in the U.S. in August. A $99.99 bundle that includes the machine, a 60-count variety pack of tabs and a milk frother is available now to pre-order on the company’s website. ... 

There was no "pre-order" tab on the U.S. website.

The question is, Will the coffee from a tablet be any good?

And, Do you want to be hostage to the company for future supply?

Personally, I prefer Kimbo to Lavazza, but I will drink Lavazza. 

My advice is to buy a moka pot and a grinder instead, and buy the beans or ground coffee of your choosing.

You will have the coffee you want when you want it, and if you never put the moka pot in the dishwasher it will last you a lifetime.

I have used several different sizes in both aluminum and stainless steel since the 1990s and have never gone back to percolators, pour-overs, French presses, drip machines, steam or pump espresso makers, et cetera. And I keep several different brands and styles of coffee going all the time.

Plus, the moka pots will work over a flame in a power outage, take up no counter space, and can travel with you at leisure or in an emergency.

And the look is . . . iconic. 

 


 

OMG CNBC story headlined "What is the average mortgage payment?" takes you to "Is a reverse mortgage right for me?"

 What is the average mortgage payment? 

https://www.cnbc.com/select/is-a-reverse-mortgage-right-for-me-/

Bait and switch much? 

AI's answer is $2,329 nationally, about $1,595 on average where I live. 

OMG, good morning, time for a donut

... more than 40% of patients reporting vomiting might limit the drug’s commercial potential ... no shit lol

Weight loss drug maker sinks 25% after new safety data spooks investors 

Sunday, June 7, 2026

No new wars

Trump: "I Didn't Guarantee No War," "This Is Not An Endless War"


C-SPAN

The Times of Israel 

 

 

Update:

Trump storms out of interview after being challenged about election fraud claims, DOJ fund 

Elon Musk still doing his part today for the team

 


Nothing good ever came out of Sweden

 


Like moths drawn to a flame, this moron has 1.2 million followers

 



OMG I hope it isn't me

 Global week ahead: Soccer isn’t the only thing that’s kicking off

CNBC seems to think this is a great header for their story

 



I have a hard time getting excited about bond yields surging 7% in the wake of the Iran war when they already surged 368% since 2020 to the end of February

100 days of the Iran war: How global markets and the economy have been affected, in charts

 ... Yields on U.S. Treasurys are among those to have surged in the aftermath of the war ... U.S. 30-year Treasury yields have surged ...

 


 

Progressive Dems wanted Biden to just shut up and disappear in 2024, and nothing has changed

 They have learned nothing.

When you adopt the narrative of your enemy, you lose.