Hormuz: The War Heats Up
A quick note after reviewing the events of recent strikes on Iran by the United States. We’re attaching a July 17th note which described, and we’ve excerpted from it, some of the targets.
July 20, 2026
David Kotok offers insights and analysis on current economic and political issues and their potential impact on global financial markets. David’s articles and financial market commentaries have appeared in The New York Times, The Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV, and Bloomberg Radio, Fox Business, and other media.
A quick note after reviewing the events of recent strikes on Iran by the United States. We’re attaching a July 17th note which described, and we’ve excerpted from it, some of the targets.
Fed Chairman Warsh has announced excellent task force appointments, in my opinion. What models will they consider? Today we will talk about one of them — the Phillips Curve.
In response to recent KR commentaries regarding Social Security and Social Security disability benefits funding, two highly qualified readers weighed in with more food for thought.
This Sunday, we examine the half century that followed the creation of Israel in 1948, as conflicts flared and efforts to forge peace fizzled.
An astute reader asked how much money is involved with the Social Security Trust Fund shortfall.
We look at how planetary heat presents challenges for human health, farming, governments, market agents, and more.
Three tales of sharp teeth and long fights—but first, a history lesson from Vernon Jones
There’s an elephant in the room; it’s influencing inflation, the Fed balance sheet, federal fiscal policy, and the Fed’s monetary policy discussions.
Please consider the evidence with an open mind and draw your own conclusion.
We examine the stock price for the Trump Media & Technology Group (DJT) versus the approval metrics for President Trump’s handling of inflation and the economy.
In plain language Bill Nelson offers a primer on Fed policy and the Fed’s floor system, its balance sheet size, and his view of a perpetual “Minsky Moment.”
