The Fog of Confusion

Published on March 16, 2026

There has been so much data released in the past week it’s hard to know where to begin. And that is all compounded by the fog of confusion/war surrounding the “Iran conflict.” Much of the data is inconclusive or not helpful, but it is not as bad as many click-bait pundits suggest as they take each data point and extrapolate it into the future.

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Empire State Manufacturing Survey: Activity Little Changed in March

March 16, 2026
Manufacturing activity was little changed in New York State, according to the Empire State Manufacturing March survey. The diffusion index for General Business Conditions fell 7.3 points to -0.2, its first negative reading of the year.

Soros CEO & CIO Warns of a Reckoning

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