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US Manufacturing Construction Spending Collapses as Data Centres Fill the Gap
US manufacturing construction spending has become the consensus shorthand for industrial renewal. The construction data through July 2026 argues the renewal never arrived, and what replaced it…
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Trump Venezuela Oil Deal: SPR Top-Up or 100-Year Concession Play?
The Trump Venezuela oil deal is being packaged as a no-cost gift to the American people, with President Donald Trump announcing on Truth Social on 30 August 2026 that Venezuelan oil will be…
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US Federal Interest Payments Hit $1.22tn as the Debt Arithmetic Worsens
The consensus read on the Q2 National Accounts data is that the fiscal picture is stabilising: tax receipts at a record high, the Debt-to-GDP ratio nudging down, and US federal interest…
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Cook Political Iowa Rating Shifts: Senate to Toss Up, Governor Leans Democrat
The consensus reading of the 2026 Senate map treats Republican structural advantages as close to determinative. The Cook Political rating changes published this week complicate that read…
