Edward Harrison

1/3: Here's what wild about gas prices right now. The past two days have seen the largest increase in gas prices ($0.22/gallon) since 2005, making it one of the fastest increases ever. What's suprising about this is not only the magnitude, but the speed of the passthrough.

This sounds like what a teenage boy playing Fortnite would say.

And Trump will be asking for taxpayer money to directly fund this war too bsky.app/profile/carl...

Sounds like we're being prepared to anticipate a longer war with boots on the ground

Pedro Sánchez calls US-Israeli war in Iran a ‘disaster’ amid spat with Trump US president issues trade threat as Spanish PM likens conflict to Russia’s invasion of Ukraine and Israel’s assault on Gaza

Spain on the war in Iran: “We are against this disaster because we understand that governments are here to improve people’s lives, to provide solutions to problems, not to make people’s lives worse”
www.ft.com/content/69e5...

Bessent Says Trump’s Tariff Hike to 15% Likely This Week Treasury Secretary Scott Bessent said that President Donald Trump’s plan to increase a 10% universal tariff up to 15% will likely be done this week.

Bessent Says Trump’s Tariff Hike to 15% Likely This Week www.bloomberg.com/news/article...

Trump really doesn't care at all about inflation

Gas Prices Surge 11 Cents in One Night Across the U.S. Sharply rising gas prices could increase demand for smaller cars, hybrids, and EVs.

Gas Prices Surge 11 Cents in One Night Across the U.S. www.autoblog.com/news/gas-pri...

And there it is …

Trump helps MAGA influencers flee Middle East war zone on private jet Trump adviser Alex Bruesewitz, dogwalker Sarah Daither, former lobbyist Jay Footlik, and others managed to escape on a private plane thanks to the White House.

White House helps MAGA influencers including famous dog walker flee Middle East war zone on private jet www.dailymail.co.uk/news/article...

People dig graves for children killed in a strike on a primary school in Iran

after absolutely eviscerating Kristi Noem and calling for her resignation, Tillis is applauded. He thens threatens to hold up nominees if she doesn't stop stonewalling him. My God.

Trump now doesn’t even remember where his own father was born.

Donald Trump makes the explicit case in favor of fighting ‘forever wars’

Betting for a nuclear weapon detonating by mid year is at 17%

Trump Threatens to Cut Off Trade After Spain Denies Air Base Use US President Donald Trump directed Treasury Secretary Scott Bessent to “cut off all trade with Spain” after the country denied access to its military bases for his bombing campaign against Iran.

Trump threatens to cut off trade after Spain denies air base use

www.bloomberg.com/news/article...

"Pollsters have long observed that people don’t always accurately report how they voted when they are dissatisfied with the candidate’s performance, a pattern called “recall bias.”"

Trump Voters Are So Embarrassed They Deny Voting for Him Supporters who now disapprove of him are far more likely to deny having voted for him in 2024.

"about 6 percent [of Trump voters] now deny ever having voted for Trump despite reporting they did so in 2024.

Among those voters, 2.7 percent falsely claim they voted for Democrat Kamala Harris, while 3.3 percent say they voted for neither Trump nor Harris."
www.thedailybeast.com/trump-voters...

Automakers could start raising prices this year to offset tariffs, dealership executive says Tariff costs are becoming unsustainable for automakers, and they are going to have to raise prices or cut features, said the president of Sonic Automotive.

Tariff-related inflation dynamics aren't over. Automakers could start raising prices this year to offset tariffs, dealership executive says www.cnbc.com/2026/02/24/a...

BYD’s 1,500-kW Charger Could Make EV Charging Go as Quick as Filling Up Gas This technology represents a major leap beyond typical 350-kW fast-charging rates, with the potential to dramatically reduce charging times.

BYD’s 1,500-kW Charger Could Make EV Charging Go as Quick as Filling Up Gas www.autoblog.com/news/byds-15...

How likely are Iran to cooperate with the US now?

"What remains of [Iran's] top leadership has its back to the wall. Trump has conveyed to them that this war is existential."

Donald Trump’s dangerous ‘war of whim’ Anyone who claims to know where this conflict will go is bluffing

Donald Trump's dangerous 'war of whim'

"As Trump told The New York Times in January, his sole restraint is “my own morality . . . It’s the only thing that can stop me.”
giftarticle.ft.com/giftarticle/...

Deutsche Bank:

"meaningful S&P 500 drawdowns (at least 15%) driven by oil shocks have historically required at least one of the following"

1.  spike of at least +50-100% that is sustained
2. big enough to cause a meaningful economic slowdown
3. forces a sharp, hawkish pivot from central banks

It still shocks me that people like Boebert get elected to office.

CNN: Three US fighter jets accidentally shot down by Kuwaiti air defenses, military says By Haley Britzky , Helen Regan Helen Regan , Eyad Kourdi , Isaac Yee , Teele Rebane , Lucas Lilieholm Updated 13 hr ago

Reuters: Fire at US embassy complex in Riyadh after blast heard, sources say By Reuters March 2, 20266:23 PM CSTUpdated 13 mins ago

New York Times: U.S. military death toll rises to 6

CNN: State Dept urges US citizens to "DEPART NOW" from countries throughout Middle East

Two days into the war:

- three F-15s shot down

- U.S. embassy in Saudi Arabia in flames

- six U.S. service members confirmed dead; more wounded

- State Department tells Americans to flee the entire Middle East

March 2, 2026 The Economist’s Middle East correspondent Gregg Carlstrom noted that Trump appears to be workshopping the causes for his attacks on Iran and his goals for the war by talking to journalists.

Why did Trump go to war in Iran?

“In this ideology, the dominance itself is the point: there is no other endgame.

…Three days into the attack on Iran, there is increasing scrutiny of the assertions from government officials.”

heathercoxrichardson.substack.com/p/march-2-20...

‘We’ll run out of food this week’: Israel’s Iran war brings new Gaza siege Israel has closed all crossings into Gaza, threatening to plunge 2 million people into a new hunger crisis

‘We’ll run out of food this week’: Israel’s Iran war brings new Gaza siege
www.theguardian.com/world/2026/m...

69% of Gen Z Buyers Would Consider Chinese Car Brands, Study Shows Cox Automotive said younger buyers show “meaningful openness” to Chinese cars, while older demographics remain more hesitant.

Note: 69% of Gen Z Buyers Would Consider Chinese Car Brands, Study Shows
www.autoblog.com/news/69-of-g...

This leap forward in Chinese EVs will become existential for the US car industry

BYD unveils new Toyota Camry-sized Seal 07 EV with 705 km range [Images] BYD revealed the first images of the Seal 07 EV, its new electric sedan that’s about the size of the...

WOW: BYD unveils new Toyota Camry-sized Seal 07 EV with 705 km range electrek.co/2026/03/02/b...

"the Seal 07 DM-i starts at 149,800 yuan ($21,900) in China, so the EV variant will likely start at about the same price."

CPI and PPI translations into PCE suggest core prices in January rose around 0.43%, give or take.

That would be the highest month-over-month reading since February (which was +0.448%) and annualizes to 5.3%.

It corresponds to a 3.1% y/y rate, the highest since March 2024, up from 2.6% in April.

*TRUMP WON’T RULE OUT US TROOPS IN IRAN ‘IF NECESSARY’: NYT

- Bloomberg terminal headlines about 'boots on the ground' based on NYT reporting